News Archive

Join more than 400 of the region’s business and government leaders for the Economic Alliance of Greater Baltimore’s Annual Meeting, November 4, 2015 at the Hilton Baltimore.

While Maryland is known for its history and culture, food and beautiful landscape, this year’s annual meeting will celebrate one of the region’s greatest assets – the people – as they tell their stories.  The program will recognize the region’s growing companies and those who make our community a world-class market in which to live, work, learn and invest.

Harpoon Medical, a medical device company focused on minimally-invasive, beating-heart, mitral valve repair, announced today that ten patients with severe degenerative mitral valve disease are now enrolled in its ongoing Early Feasibility Study at two clinical study sites in Europe. The company will showcase the results of the Early Feasibility Study, including a 100 % procedural success rate, over 850 total implant days and echocardiographic data on the first two patients with trace MR during their six-month follow up visit, at the upcoming 2015 Transcatheter Cardiovascular Therapeutics (TCT) Conference in San Francisco, CA on October 12, 2015.

Looks like San Diego life sciences and tech investment firm Avalon Ventures is in the midst of compiling its eleventh fund, looking to raise $300 million.

Fund XI, according to an SEC filing, has raised $103.5 million of the proposed $300 million from 26 investors.

It can be considered an opportunity on wheels. Startup Maryland has kicked off its statewide tour to hear Marylanders pitch their best business ideas on Monday.   

The tour made its first stop in Pocomoke City and invited entrepreneurs to hop in a bus to share their ideas for a chance to expand.

The MACH37™ Cyber Accelerator announced today that it has selected seven cybersecurity startups to participate in the Fall 2015 (F-15) three-month mentorship-driven startup program. With this announcement, MACH37™ will have launched 29 cyber companies in the past two years. The top candidates were selected as a result of a highly competitive selection process from the largest application pool to date.

As a focused business accelerator, MACH37™ brings together domain experts, successful cybersecurity entrepreneurs, and investors familiar to the security market to create a platform for success for innovators and their startups. The MACH37™ program consists of an intense 90-day program in which the selected startups are mentored in all aspects of creating a sustainable and successful business.

We told you in our deep dive into the Occupational Employment Statistics from the U.S. Bureau of Labor Statistics that since 2009, human resources jobs scored some pretty hefty pay raises. That is true nationwide.

And now, as we show you in the accompanying slideshow, those jobs are growing at a rapid pace, according to the data from 2009 to 2014.

Researchers at the Johns Hopkins University have found molecular evidence of how a biochemical process controls the lengths of protective chromosome tips, a potentially significant step in ultimately understanding cancer growth and aging.

In a paper recently published as the cover story in the online journal eLife, biologist David C. Zappulla and graduate student Evan P. Hass show how in baker’s yeast cells, two proteins work together to usher a key enzyme to the chromosome tip, the telomere, to restore its length, which diminishes with each round of cell division.

IBM and Medtronic are part of a group that have won a grant from the Israeli government to open a digital medicine incubator, according to a statement from the Office of the Chief Scientist with the Israeli Ministry of Economy. It’s part of a long-running economic stimulus program to improve investment in Israeli technology startups and create jobs.

The statement was translated from Hebrew with Google Translate.

TEDCO recently awarded BHI with a $10,000 grant to support up-and-coming biohealth enterprises. The funding comes from TEDCO’s 2016 Incubator Assistance Program (“The Program”), to which BHI submitted a proposal earlier this year. The Program is intended to assist Maryland’s incubators in providing added value to their client companies.

“BHI continues to be a leader in identifying and supporting biohealth companies that will make a difference in our region,” said TEDCO’s President and Executive Director Rob Rosenbaum. “Our Incubator Assistance Program—which has become highly competitive—is designed to reward those incubators that will have a significant impact and continue to maximize Maryland’s entrepreneurial ecosystem. We are pleased to present this funding to BHI.”

The project team includes leading behavioral health, family practice, and implementation scientists at Drexel University, the University of California Los Angeles, Northwestern University, and multiple primary care and behavioral health organizations and practice sites. This contract is for the enhancement of the referral relationship and the data dashboard components of www.BH-Works.com. It will help all sizes of networks, including Performing Provider System (PPS), Accountable Care Organization (ACO), and other kinds of provider groups and organizations, to improve the management of their patient populations as related to behavioral and mental health. mdlogix will apply its Relational Network Optimization (RNO) methodology to guide and measure continuous improvements in referral relationships.