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BHIKosme

BHI and KOSME Foster Korean Companies’ US Market Entry Program for the Third Consecutive Year Beginning June 20th, 2023

By News, News Archive

BHIKosmeBioHealth Innovation, Inc. (BHI), in collaboration with the Global Business Center (GBC) – Washington, D.C. of Korea SMEs and Startups Agency (KOSME), is excited to announce the continuation of their highly successful program aimed at facilitating Korean companies’ entry into the US market. As the program enters its third year, it continues to empower Korean biotech enterprises, enabling them to establish a strong foothold in the BioHealth Capital Region. KOSME is a Korean-government funded non-profit, currently led by President, Dr. Hakdo Kim, created over forty years ago to support small and medium enterprises in Korea.

“We are thrilled to continue our partnership with BHI for the third year in a row. The program has consistently provided guidance and market knowledge, proving invaluable to Korean biotech companies. We anticipate that our latest cohort will benefit greatly from this collaboration,” says Rich Bendis, President and CEO of BHI.

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Internsstackednew2

Welcome Ashleigh Acker and Sebastian Chung: BHI’s Newest Interns

By News, News Archive

Internsstackednew2BioHealth Innovations (BHI) is thrilled to welcome Ashleigh Acker and Sebastian Chung as the newest additions to our internship program. Their diverse backgrounds and passion for biotechnology make them valuable assets to our organization.

Sebastian Chung, a graduate student at Johns Hopkins University, is on track to complete his Master’s in Biotechnology in the spring of 2024. During his undergraduate years at the University of Washington in Seattle, Sebastian excelled in the study of physiology and sales, all while co-captaining the men’s club golf team. His expertise lies within the multi-omic space, having worked as an account manager at NanoString Technologies, a leading biotechnology company. Sebastian’s extensive experience in consulting on sequencing and spatial biology projects, particularly with large pharmaceutical companies in the greater New England area, will undoubtedly contribute to our innovative research initiatives. When he’s not immersed in the world of biotechnology, Sebastian enjoys playing golf and watching premier league soccer.

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alphatech

AlphaTech Welcomes Diverse Cohort of Emerging Companies with Live Event

By News, News Archive

alphatechAlphaTech, an esteemed initiative focused on fostering innovation within the cybersecurity, big data, analytics, and digital health sectors, is thrilled to announce the induction of a new cohort consisting of exceptional companies. The program, designed to engage with Founders and CEOs of emerging growth companies, aims to provide valuable resources, educational programming, networking opportunities, and meaningful interactions.

Over the course of eight months, this select group of CEOs will have the privilege of connecting with AlphaTech’s advisors, speakers, alumni, and industry luminaries. The program’s comprehensive approach encourages collaboration and knowledge sharing, ensuring participants gain insights from experienced professionals and industry veterans.

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Rich and Tom 250 250 px

From Vision to Action: MEDCO’s Role in Economic Development and Partnerships on BioTalk with Rich Bendis

By BioTalk with Rich Bendis Podcast, News

Rich and Tom 250 250 pxIn this captivating episode of BioTalk, Rich Bendis sits down with Tom Sadowski, the Executive Director of the Maryland Economic Development Corporation (MEDCO). With over 30 years of experience in economic development, Tom has played a pivotal role in translating vision into action. Together we explore MEDCO’s significant contributions to economic development and their strategic partnerships across Maryland.

Tom shares his remarkable career accomplishments, including successful projects valued at over $10 billion and the creation of 50,000 jobs. His expertise in fostering research partnerships, technology commercialization, and his role in launching the Maryland Momentum Fund bring invaluable insights to the conversation. We uncover MEDCO’s focus on real estate development, financing, infrastructure, and public/private partnerships, all aimed at fueling business retention, development, and employment growth.

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Neuroene250

2022 BHCR Crab Trap Winner Neuroene Therapeutics Receives NIH SBIR Award for Novel Antiseizure Drug with Potential for Public Health Emergency Response

By News, News Archive

Neuroene250Neuroene Therapeutics has been awarded a Small Business Innovation Research (SBIR) grant by the National Institutes of Health (NIH). The award supports Neuroene’s ongoing research and development of a novel class of well-tolerated compounds protects and ameliorates mitochondrial and neurological diseases.

Neuroene’s lead antiseizure drug (ASD) candidate has demonstrated broad-spectrum antiseizure activity in several animal models of pharmacoresistant seizures and Parkinson’s disease, showcasing its potential both as a fast-acting rescue agent and long-term chronic therapeutic. Intriguingly, the compound’s stability offers significant advantages for long-term storage and stockpiling in case of public health emergencies or bio-incidents.

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Theradaptive250

TDR: Frederick’s Theradaptive Closes $26M Series A

By News, News Archive

Theradaptive250Frederick-based biopharmaceutical company Theradaptive Thursday announced it has closed a $26 million Series A funding round to advance development of its targeted regenerative therapeutics.

The funds are intended to enable the company to continue its work to meet regulatory requirements and scale up Good Manufacturing Practices in preparation for first-in-human clinical trials later this year. Investment will also support the expansion of the Theradaptive platform beyond orthopedics to additional indications such as oncology and dental. The round brings Theradaptive’s total funding to more than $50 million.

The company has previously been awarded non-dilutive grant funding from the Department of Defense, as well as the Maryland Stem Cell Research Fund.

Click here to read more via The Daily Record.

CROs

BioBuzz: These Four Leading CROs in Maryland are Driving Success in Life Sciences

By News, News Archive

CROsBy Alex Keown
June 8, 2023

This article is sponsored by Noble Life Sciences, a Maryland-based preclinical CRO with distinct expertise in the cell and gene therapy space. Reach out or request a quote to see how they can support your business.

Contract research organizations (CROs) are an essential key to a thriving life sciences ecosystem. Maryland is home to multiple CROs that provide broad support to the development of therapeutics across a broad spectrum of disease indications.

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TedcoAID

TEDCO Announces Recent Investment in Aidar Health, Inc.

By News, News Archive

TedcoAIDMaryland health technology company developing innovative medicine solutions to promote more personalized care

 

COLUMBIA, Md. (June 14, 2023) – TEDCO, Maryland’s economic engine for technology companies, announced a recent Seed Funds investment of $250,000 into Aidar Health, Inc., a health technology and digital medicine company. TEDCO’s Seed Funds invest in early-stage, technology and life sciences companies and provide access to gap financing.

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mercsi

University of Maryland’s Center of Excellence in Regulatory Science and Innovation (M-CERSI) signs MOU with Korean Regulatory Science Center

By News, News Archive

mercsiOn Monday, June 5, 2023, members of the University of Maryland’s Center of Excellence in Regulatory Science and Innovation (M-CERSI) met with Korean Regulatory Science Center (KRSC) members Dr. In-sook Park and Mi-rim BaekDr. Kyenghee Kwon, a representative from Dongguk University, was also in attendance. The meeting was hosted by Dr. Jim Polli, M-CERSI Co-Director, at the University of Maryland, Baltimore, in the School of Pharmacy building. 

“It is an exciting endeavor to work with the Korean Regulatory Science Center and its universities,” said Dr. Bill Bentley, M-CERSI Co-Director. “I am delighted to see M-CERSI’s success inspire others.” 

At the meeting, the KRSC expressed interest in sending students to participate in UMB’s Master of Science and Graduate Certificate in Regulatory Science, in addition to learning more about the projects, financials, and activities of M-CERSI to learn how to run a similar organization in Korea. 

The KRSC team plans to host their own version of M-CERSI’s America Got Regulatory Science Talent Competition in July, with eight universities and colleges participating. The KRSC competition, open to undergraduate students, has more than 17 teams formed already. The goals of the competition are to spread positive regulatory science awareness and encourage the next generation of scientists.

Click here to read more.

Addimmune

citybiz: American Gene Technologies Launches New Spinoff Company “Addimmune” to Focus Exclusively on Development of HIV Cure

By News, News Archive

AddimmuneAddimmune will build upon the success of American Gene Technologies Phase 1 HIV clinical trial, accelerating the clinical development with dedicated investment and singular focus on HIV.

American Gene Technologies, a clinical-stage biotechnology company based in Rockville, Maryland, is launching a new company — Addimmune — to continue to develop gene and cell therapy technologies to cure HIV. Addimmune will focus solely on advancing an HIV cure, building upon more than a decade of work by AGT that led to a successful Phase 1 HIV gene and cell therapy clinical trial.

Addimmune aims to create tremendous benefits for HIV patients, payers, and the public. Its gene therapy technology has the power to transform millions of lives. The new company’s name represents a fusion of two fundamental concepts: using gene and cell therapy to add new capacity to the human T cell to create an improved immune system to fight HIV.

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