News Archive

A new Science|Business analysis puts the spotlight on the most innovative clusters in Europe, uncovering what it takes to translate research from bench to bedside and highlighting the crucial need for policy support, innovation pull, and access to finance

The leading life sciences clusters in Europe have a long history of excellence in medical research, and with highly educated workforces, state of the art infrastructure, and well-established technology transfer organisations, are making significant progress in translation and commercialisation, according to a new Science|Business report that takes an in-depth look at 17 of Europe’s most innovative clusters.

Johns Hopkins University President Ronald J. Daniels has been awarded Carnegie Corp. of New York’s 2015 Academic Leadership Award, a prestigious recognition that comes with a $500,000 grant to the Baltimore school.

Daniels will use the $500,000 grant to make the university more accessible to students of Baltimore City public schools. He plans to increase support for low-income students through the Baltimore Scholars program, expand partnerships with local K-8 schools and create new initiatives that will help prepare students for college and careers.

The pictured device, produced by Baltimore-based Harpoon Medical, seeks to provide another in a series of recent improvements in mitral valve repair technology. While perhaps less revolutionary in form than Valtech Cardio’s Cardioband that received its CE Mark approval last week, the Harpoon does promise to cut traditional surgeries down to under an hour in length and drastically reduce the required incision size (to 2-inches or less).

Evidera, a leading provider of evidence-based solutions for the healthcare industry, is pleased to announce Evalytica™, a new software platform designed to support near real-time analyses of virtually any type of real-world data source, including claims, electronic medical records, and registry data. Evalytica™ uses standard data formats and published analytic methods that provide transparency and yield results that may be used in publications or submissions. 

“Evalytica™ marks a new frontier for Evidera as a leader in technology enabled tools for generating and communicating evidence of product safety and effectiveness,” said Jon Williams, President and CEO, Evidera. “The increasing focus on real-world evidence for drug safety analysis that has resulted from the FDA Sentinel, the Observational Medical Outcomes Partnership (OMOP), and the Observational Health Data Sciences and Informatics (OHDSI) initiatives make tools like Evalytica™ that much more important.” 

Drugmaker AstraZeneca is harnessing the wisdom of crowds to help mix tomorrow’s cancer drug cocktails. 

The company said its decision to release preclinical data from more than 50 of its medicines was unprecedented in scale and would help accelerate the hunt for synergistic tumour-fighting drug combinations. 

CASI Pharmaceuticals to Raise $25.1 Million in Private Placement of Common Stock and Warrants ROCKVILLE, Md., Sept. 21, 2015 – CASI Pharmaceuticals, Inc. (the “Company”) (Nasdaq: CASI), a biopharmaceutical company dedicated to the acquisition, development and commercialization of innovative therapeutics addressing cancer and other unmet medical needs for the global market with a commercial focus on China, announced today that it has entered into definitive agreements for a $25.1 million financing led by a China investment fund manager affiliated with the same management team of our current largest shareholder, IDG-Accel China Growth Fund III, L.P.

Picture this: A global business magazine features a close-up head-shot of a 30-year-old male on its cover.

He’s of Indian descent, with an American upbringing and education, and he’s just concocted a multi-million dollar business out of thin air.

Last month, Baltimore’s burgeoning startup scene earned a top spot in Entrepreneur’s hot U.S. startup cities’ list. With a network of top entrepreneurial resources such as Betamore, Baltimore Angels and Baltimore Corps, as well as educational institutions, it’s not hard to see why Baltimore’s startups are booming.

So, you live in Baltimore, you have a great idea and you are ready make your idea a reality. Where do you start? Before taking any tangible steps, concentrate on the capital with these three questions:

An open science collaboration among academic research institutes, the public sector, and private companies has been in the works since 2006 and now the drug manufacturer AstraZeneca has decided to join the bandwagon. AstraZeneca hopes to harness the open source platform of the DREAM challenge, releasing preclinical data on drugs developed by the company, to discover synergistic cancer drug combinations.

Developed by IBM researcher Gustavo Stolovitzky, PhD, and Columbia University researcher Andrea Califano, PhD, the program has blossomed with multiple cross-collaborative projects across 50 different institutions. About 2 years back, in February 2013, DREAM joined hands with Sage Bionetworks, a non-profit research organization that believes in open sharing of complex biological data, especially big data, to accelerate discovery. DREAM Challenges have touched a variety of healthcare issues, from prostate cancer to odor detection to protein interaction networks.

The Office of Research and Development at the University of Maryland Baltimore currently has 2 openings for the position of Technology Licensing Officer. The Technology Licensing Officers draft and negotiates term sheets and contracts to ensure that University technology and intellectual property (IP) is appropriately commercialized. The incumbents lead negotiations on IP licenses, option agreements and inter-institutional agreements. The incumbents ensure that third parties of University IP meet the contractual obligations to the University and serve as the University’s primary point-of-contact with prospective and current licensees. The incumbents will function as part of an interdisciplinary team that assures the University protects, markets and commercializes its technologies and discoveries.