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Here’s the first look inside Johns Hopkins’ new East Baltimore incubator – Baltimore Business Journal

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A new 30,000-square-foot business incubator planned for Johns Hopkins University’s East Baltimore campus will more than double the university’s capacity for startup companies and is a major step toward its goal of being a bigger player in technology commercialization.

The new incubator, called FastForward East, will be housed at 1812 Ashland Ave., a 170,000-square-foot building by Forest City Enterprises, Inc. The building will be the next to go up in Hopkins’ Science + Technology Park, which is part of the 88 acre East Baltimore Development, Inc. project, for which Forest City is the master developer. Construction is expected to be complete in 2016.

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Entrepreneurial culture boosts business – Baltimore Sun

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States with robust innovation economies have assets in common: a corps of research-intensive universities, a highly educated workforce and a government supportive of their science and technology industries. Maryland has all of these things. What the state needs to strengthen is its entrepreneurial culture, so that it becomes a top destination for scientists serious about ushering their ideas out of the lab and into the marketplac

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A New Initiative on Precision Medicine – NEJM

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Francis S. Collins, M.D., Ph.D., and Harold Varmus, M.D.

President Obama has long expressed a strong conviction that science offers great potential for improving health. Now, the President has announced a research initiative that aims to accelerate progress toward a new era of precision medicine (www.whitehouse.gov/precisionmedicine). We believe that the time is right for this visionary initiative, and the National Institutes of Health (NIH) and other partners will work to achieve this vision.

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Johns Hopkins Cardiologist and BHI Client Dr. Ted Abraham Wins Grant to Develop Surgical Device – Johns Hopkins University Montgomery County Campus

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Perceptive Navigation, a medical device start-up company whose chief executive is Johns Hopkins cardiologist Dr. Ted Abraham, won a highly competitive Small Business Innovation Research (SBIR) Phase 2 grant. Perceptive Navigation, located at the Johns Hopkins University Montgomery County Campus, works to commercialize the Vu-Cath, an image-guided catheter that can be used in complex surgeries. The device, which is on a needle, is used while doing medical procedures on small areas of the body.

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Biotech investments hit a 15-year low in the Washington region – BHI’s Rich Bendis quoted

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Biotechnology companies in the Washington region attracted less money from investors in 2014 than any other year since 1999, recent data show, even as the sector saw a significant increase in venture capital dollars in other parts of the country.

Local industry observers aren’t sounding alarms just yet. They say one down year, no matter how down it may be, doesn’t necessarily mean the region has fallen out of favor with life sciences investors.

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Accelerator DreamIt Health moves to Power Plant Live – Baltimore Business Journal

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DreamIt Health Baltimore is leasing 4,500 square feet of space at Power Plant Live!, a space Executive Director Jason Hardebeck envisions as a future hub for health care technology startups.

DreamIt’s lease runs through May when the business accelerator wraps up its 16-week program. Hardebeck said he has been in talks with Cordish Cos., the property’s developer, to re-purpose the office as a co-working space for graduate companies once the accelerator program ends. DreamIt would also maintain a presence there.

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