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Washington Capitals, Wizards owner Ted Leonsis says Baltimore will become part of a D.C. supercity – Washington Business Journal

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In the future, Baltimore will basically be part of Washington, D.C.

So says Ted Leonsis, owner of the Washington Capitals and Wizards, who predicts in a blog post that Baltimore will be the northern edge of a D.C. supercity. Leonsis writes: “By 2050 – DC will be like London, it will take up about 100 miles end to end, we will think of it as a area that goes from Middleburg to well north of Baltimore on 95.”

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Innovator of the Year 2015 – The winners for Innovator of the Year have been announced!

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The Daily Record’s Innovator of the Year recognizes individuals and companies that have created a product, service or program that has had a positive effect on their business, industry or community.

Innovators make the extraordinary ordinary. They make the impossible possible. In many ways, they turn dreams into realities. We congratulate this year’s winners! Event:

Thursday, October 15, 2015 The Center Club 100 Light St. #16, Baltimore, MD 21202

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NaviMed Capital managing director talks about the “come to Jesus moment” for digital health – MedCity NewsMedCity News

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The transformations in healthcare have gotten the attention of many healthcare investors, including private equity firm NaviMed Capital. It closed a $110 million healthcare fund last month. I recently spoke with Managing Director Bijan Salehizadeh about its investment priorities and how he regards the digital health sector.

The firm’s mandate is to do small buyout deals of profitable companies in healthcare.

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The Cordish Companies Announce New Collaborative Workspace: Spark

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The Cordish Companies proudly announce Baltimore’s newest collaborative workspace for creators and innovators: Spark. Spark, designed by Baltimore based Verve Design, will be ideally located in the central business district at The Offices at Power Plant Live!. Baltimore’s tech community is thriving, creating a need for non-traditional, businesses to work collaboratively under the same roof. Spark will be uniquely set-up to help businesses connect with different industry professionals, from education to health IT to finance.

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Perceptive Navigation Announces Closing of its $500,000 Seed Round of Financing and Appoints Todd Chappell as CEO to Lead Maryland-Based Medical Device Company

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Maryland Venture Fund and The Abell Foundation Top Investors in Round of Financing

Perceptive Navigation, LLC, a privately-held, Maryland-based medical device company developing solutions for the rapidly growing image- guided market, today announced the closing of its $500,000 seed round of financing, led by the Maryland Venture Fund (MVF) and The Abell Foundation. The proceeds will accelerate the development of Vu-Path, Perceptive Navigation’s ultrasound probe for minimally invasive interventional procedures, as well as enable its regulatory submission to the FDA.

Perceptive Navigation also announced the appointment of Todd Chappell as Chief Executive Officer. Chappell comes to Perceptive Navigation with fifteen years of experience working withearly-stage, venture-backed biotechnology companies. Most recently, he managed a portfolio of start-up pharmaceutical and medical device companies at BioHealth Innovation, Inc. (BHI), a regional innovation intermediary focused on commercializing market-relevant life science innovations, as an Entrepreneur-in-Residence. Perceptive was incubated at BHI under the leadership of Chappell prior to his appointment as Chief Executive Officer.

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The Biotech Invitational

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September 8th, Cattail Creek Country Club, Glenwood, MD

Biotech execs play for free in the tournament that will benefit The Little Things for Cancer & the Zaching Against Cancer Foundation organizations.

Welcome to the 2015 Biotech Invitational, a DogDenGolf managed event that is being supported by top executives at Medimmune, other Biotechnology companies and Vendors in the region. This year’s event will be held on September 8, 2015, at Cattail Creek Country Club in Glenwood, MD and will determine the Biotech Executive Golfers of the Year.  

Proceeds from this event will benefit The Little Things for Cancer, a local non-profit providing support and services to cancer patients, and their caregivers. For detailed information on the programs and services that The Little Things provides, visit their website at www.tlt4c.org.

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Bowie-based Inovalon Holdings is acquiring D.C.’s Avalere Health for $140 million – Washington Business Journal

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Cloud-based data company Inovalon Holdings will acquire D.C. health research and advisory firm Avalere Health in a deal worth $140 million, the companies announced Monday.

The move will enable Bowie-based Inovalon (Nasdaq: INOV) to expand into the pharmaceutical market and fuel growth in the use of big data analytics at life sciences companies, officials said. The deal is expected to close Sept. 1.

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Now Accepting Nominations for the 2nd Annual Rockin’ In Rockville Award

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We are looking for the Most Rockin’ Business in the City!

Is it yours?

The 2nd Annual “Rockin’ in Rockville” Award is set to be handed out at this year’s REDI Resource Meetup (R2M) event in September.

This award, created to highlight the success, community engagement, and innovative practices of a Rockville-based company, is given out during Maryland Economic Development Week.

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