Baltimore pharmaceutical firm Profectus BioSciences Inc. has received a $9.5 million grant from the Department of Defense for a phase 1 clinical trial of its Ebola vaccine. T
he award is Profectus’ fourth this year — all for work developing and manufacturing Ebola vaccines. The new grant brings the company’s total funding up to at least $49.8 million.
UBI Index recognizes top performing business incubators from all over the world. This time we take a deeper look in 5 regional areas starting with Europe and then moving on to North America, South America, Asia+Oceania and ending with Africa. It is our pleasure to present to you:
The Regional Top Performing University Business Incubators of 2014
The rankings of each region will be announced every Tuesday at http://ubiindex.com/rankings with start on November 4th and four weeks forward. Stay tuned!
The chancellor is stepping down. After 50 years in education, and 12 years as Chancellor of the University System of Maryland, William English “Brit” Kirwan is retiring. He will leave office after his replacement is selected by the Board of Regents.
The search is underway.
During his tenure, Kirwan was hailed for his strategic spending; his “Effectiveness and Efficiency Initiative,” started in 2003-04, has saved the system upwards of $462 million to date. He was also partly responsible for the tuition freezes after the recession. Under him, enrollment in Maryland’s 11 institutions of higher learning increased by 24 percent.
Inspiring the scientists of the future is something that MedImmune, the global biologics research and development arm of AstraZeneca, takes very seriously. Therefore the Society of Biology’s ‘Big Biology Day’ – a one day, free-to-attend event aimed at engaging the public in scientific issues and research activities – has become a permanent fixture in MedImmune’s calendar. This year’s event, which took place on Saturday 18th October at Hills Road Sixth Form College, was attended by over 1,000 people of all ages and was the third Big Biology Day to be held in Cambridge. As usual, it formed part of National Biology Week, the Society of Biology’s annual celebration of the biosciences and was held in collaboration with the University of Cambridge Science Festival.
For five years, John Eldridge and his team at Profectus Bioscience have developed and tested their Ebola vaccine. First it was on guinea pigs, then monkeys.
At that point, Eldridge realized monkeys weren’t getting sick.
I’m so used to hearing bullish projections on digital health, it’s refreshing when someone contradicts that assessment. Maybe contradict is the wrong word. But Thomas Rodgers, who joined McKesson Ventures last month after a couple of years with Cambia Health Solutions, thinks it will take a lot longer for the technology to enjoy mainstream adoption.
“I think it will be 15-20 years until it is intertwined with medical care. It will take a shift away from fee-for-service and it will also take generational change. Millennials who grew up with technology will need to start getting sick.”
In the decade after the founding of the BioCrossroads initiative, money spent on life sciences research and companies more than doubled, to more than $25 billion, according to a new report released Thursday by the Indianapolis-based life sciences business development group.
That infusion of money—much of which came from out of state—has helped Indiana companies and universities increase the number of life sciences patents, technology licenses, startups and venture capital deals faster than the rest of the nation, according to the report.
The Hong Kong scientist who invented a simple blood test to show pregnant women if their babies have Down syndrome is now testing a similar technology for cancer.
Yuk Ming “Dennis” Lo says screening for signs of cancer from a simple blood draw could cost as little as $1,000. The test works by studying DNA released into a person’s bloodstream by dying tumor cells.
Novavax Inc.’s singular drug development approach to a possible Ebola vaccine may not only help stop the spread of a future pandemic but also reap major bottom-line rewards.
That’s what CFO Barclay “Buck” Phillips told me this week after the Gaithersburg-based company announced it planned to begin Phase 1 clinical trials by December. Novavax announced this week at the 8th Vaccine and ISV Conference in Philadelphia that it’s the only company targeting the newest strain of the virus which emerged in Guinea this year and has killed thousands in West Africa.
New York Medical College will inaugurate its biotechnology incubator Wednesday.
The multimillion-dollar BioInc@NYMC at 7 Dana Drive in Valhalla will offer space to scientists, entrepreneurs and biotech firms.
