By next summer, startups and small businesses will be able to raise up to $1 million in capital a year by using Internet portals to sell shares to anyone, not just accredited investors.
That’s because the Securities and Exchange Commission Friday finally adopted rules for securities-based crowdfunding. The rules implement a provision of the Jumpstart Our Business Startups Act, which was signed into law more than three years ago.
Efforts to fight antibiotic-resistant infections — often dubbed superbugs — typically involve strategies of curbing overuse of the antibiotics we already have or finding alternatives.
But what if those pesky superbug infections could simply be prevented in the first place? It’s the strategy Gaithersburg-based MedImmune is taking with two of its vaccine candidates aimed at bacterial infections.
Tuesday November 3, 2 pm ET
Congratulations – you just got a Notice of Award for an NIH SBIR/STTR grant – now what? How do you actually use those funds? This educational webinar about the Payment Management System will help you figure that out, with plenty of time for Q&A. This is highly recommended for new awardees.
Learn more about the Payment Management System: http://bit.ly/HHSpms
Presenter: Nicole Dunning Chief, University and Non-Profit Payment Section Payment Management Services Program Support Center U.S. Department of Health and Human Services
GlycoMimetics, Inc. (NASDAQ: GLYC) announced today that the first healthy participant has been dosed with a subcutaneous (SC) formulation of rivipansel in a Phase 1, single ascending-dose clinical study to evaluate its safety, tolerability and pharmacokinetics. Rivipansel (GMI-1070) is an investigational compound being studied as a potential therapy for the treatment of vaso-occlusive crisis (VOC) in sickle cell disease and is being developed by Pfizer Inc. under a worldwide licensing agreement the two companies entered into in 2011.
The SC formulation of rivipansel utilizes Enhanze™ Technology, licensed by Pfizer from Halozyme Therapeutics, Inc. This technology is based on a proprietary recombinant human hyaluronidase enzyme (rHuPH20) that temporarily modifies components of the extracellular matrix in order to aid in the dispersion and absorption of other SC injected therapeutic drugs.
Maybe healthcare is thinking about data from wearable devices in all the wrong ways.
Speaking Thursday at the 12th annual Connected Health Symposium in Boston, Dr. Robert Pearl, CEO of Kaiser Permanente‘s Permanente Medical Group, said that, from a physician’s perspective, Fitbits and other fitness trackers are good for one thing: “December.” In other words, they make great Christmas gifts, but don’t serve much purpose in medical practice.
Relevant Health, a health tech accelerator in Rockvillle, Maryland, has picked seven companies for its inaugural class. Among the participants in the five-month program are a wearables developer seeking to help people avoid injuries from heavy lifting and a speech therapy tool to make learning seem more like a game.
The accelerator got started this year through a partnership between BioHealth Innovation, Montgomery County’s Economic Development department and Product Savvy, which is managing day-to-day operations. Here’s a summary of the members.
The booming biotech sector is putting a premium on lab space, and fund managers are buying in.
One of their favorite targets is Pasadena, California-based Alexandria Real Estate Equities Inc, which owns the largest collection of high-end lab space in such research clusters as San Diego, San Francisco and Cambridge, Massachusetts. A total of 64 mutual funds and hedge funds have reported adding shares of the company to their portfolios in the current quarter, a 56 percent jump from the quarter ending in September, according to Morningstar data.
Rockville-based health-tech incubator Relevant Health is out with its first seven companies that will begin co-working in the facility over the next five months.
“We didn’t want to just attract the best and brightest from around the region, we wanted the best and brightest from around the United States and elsewhere,” managing partner Rich Bendis told The Washington Post. “We have resources and assets that are one of a kind in our backyard that really aren’t present elsewhere.”
ATCC, the premier global biological materials resource and standards organization, announces today that it has been selected by The Michael J. Fox Foundation for Parkinson’s Research (MJFF) to provide vital cell lines to academic, pharmaceutical, and biotechnology organizations committed to speed a cure for Parkinson’s disease.
Parkinson’s disease is a chronic, degenerative neurological disorder that affects one in 100 people over age 60. While the average age at onset is 60, people have been diagnosed as young as 18. Recent research indicates that at least 1 million people in the United States, and more than 5 million worldwide, have Parkinson’s disease.
MacroGenics said today it has regained full global rights to the Phase I cancer compound enoblituzumab (MGA271), after Servier opted not to exercise its option to develop and commercialize the B7-H3-targeting monoclonal antibody in Europe and other countries under a four-year-old collaboration.
That collaboration generated a $20 million upfront payment from Servier and could have resulted in up to $450 million for MacroGenics.
