Rockville-based Emergent BioSolutions will expand its Baltimore manufacturing facility and add 158 new jobs over the next four years. Emergent will potentially double its 58,000-square-foot space on Lombard Street to include additional manufacturing, labs and warehouse space.
Maryland is giving biotech firm Emergent BioSolutions a $2 million loan to double its footprint and staff in East Baltimore.
Emergent BioSolutions, which develops vaccines and other pharmaceuticals, will double its 58,000-square-foot manufacturing facility on Lombard Street to include more space for manufacturing, quality control cabs and warehouse space. Emergent expects to break ground on the expansion in the second quarter of 2015.
There have always been a lot of good reasons to locate a business in Montgomery County.
Now there are 8 more.
Montgomery County Executive Isiah Leggett is pleased to announce the expansion of the county's innovative MOVE program. Effective February 1, 2015, companies that sign their first three-year commercial lease in the county will receive a grant of $8 per square foot (sf). Geared towards startups and businesses that locate into Montgomery County for the first time, the grant applies to companies that lease up to 10,000 sf.
Under Armour is doubling down on a big bet it made on fitness apps a year and a half ago.
On Wednesday, the company best known as an athletic apparel brand announced it was spending $475 million to buy MyFitnessPal and $85 million on Endomondo, two apps that rivaled the offerings of Under Armour's Connected Fitness unit.
GlaxoSmithKline (GSK.L) set out a roadmap for a potential 2016 flotation of its HIV medicines business on Wednesday as it hired three leading banks to advise on what would be the drug industry's largest ever initial public share sale.
Chief Executive Andrew Witty said his company would take the next two to three months to analyze the pros and cons of an initial public offering (IPO), as well as deciding how much of ViiV to sell and where to list the shares.
MedImmune, the global biologics research and development arm of AstraZeneca, and The University of Manchester have entered into a new research collaboration to generate cutting-edge protein formulation science.
As part of the collaboration, MedImmune will work with researchers at Manchester’s Centre of Excellence in Biopharmaceuticals (COEBP) on testing and understanding the fundamental principles of protein solution behavior in order to find better ways to administer breakthrough medicines to patients.
Inova Health System has leased Exxon Mobil's Merrifield campus and plans to develop a multimillion-dollar Inova Center for Personalized Health, a major step toward becoming one of the world's foremost institutions in the fledgling field.
The Fairfax health system wrapped up negotiations Friday morning to lease the 117-acre campus across from its flagship hospital for the next 99 years with the right of first refusal to acquire the property. The deal comes roughly two years after Exxon Mobil retained real estate brokerage Cassidy Turley, now DTZ, to position the four-building, 1.2 million-square-foot property for a potential sale or redevelopment.
The NFL, GE, and Under Armour officials announced that they have joined with the U.S. Department of Commerce's National Institute of Standards and Technology (NIST) to launch Head Health Challenge III, an open innovation competition to advance materials that better absorb or dissipate energy. These new materials could improve the performance of protective equipment for athletes, military personnel and those in dangerous occupations.
Johns Hopkins University led the U.S. in higher education research spending for the 35th consecutive year in fiscal 2013, with $2.2 billion for medical, science, and engineering research, according to the National Science Foundation.
The university also once again ranked first on the NSF's separate list of federally funded research and development, spending $1.89 billion in fiscal year 2013 on research supported by NSF, NASA, the National Institutes of Health, and the Department of Defense.
Yanev Suissa, formerly a venture capitalist with New Enterprise Associates and a senior investment officer in the Bush and Obama administrations, is launching a new venture firm with a focus on companies doing business with the public sector.
The company's debut fund has raised around $100 million and will focus primarily on Series A and B investments with the occasional Series C, which will likely include local companies. The firm, to be named SineWave Ventures, will officially launch in the region in the second half of the year.
UMD start-up SD Nanosciences has developed technology for creating targeted drug and vaccine delivery vehicles
When University of Maryland Professors Philip DeShong and Daniel Stein began tagging soap bubbles with biomolecules, they had no idea this technology would one day be poised to change the way drugs and vaccines fight against bacteria, viruses and cancer.
Notice is hereby given that the Office of Intramural Research (OIR), National Institutes of Health (NIH), will host two webinars to enable public discussion of its proposal to reorganize the OIR Office of Technology Transfer (OTT). The proposal seeks to align authority and responsibility for the implementation and execution of patenting and licensing (P&L) functions within the NIH Institutes and Centers.
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.
The six startups that make up the new class of DreamIt Health Baltimore got to work Friday, Jan. 30. Along with offering the first chance for founders to get to know each other through icebreaker games, the orientation marked the first work session at a new coworking space in Power Plant Live.
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
Tuesday, Feb 10, 2015 From 4:00-6:00 PM
Please join us for a Business Roundtable Discussion moderated by Bernanrd T. Ferrari, MD, JD, Prfoessor and Dean - Carey School of Business, at our new FastForward East Innovation Hub!
Wednesday, February 11, 2015, 08:00am - 02:00pm
Join the U.S. Commercial Service in Baltimore, along with the Maryland Department of Business and Economic Development and the Montgomery County Department of Economic Development for a forum on International Development. Come hear best practices and tricks of the trade from local U.S. firms that have managed, led, and participated in international development projects.
DATE: February 11, 2015 3:30 - 5:00 PM
LOCATION: Montgomery County Department of Economic Development, 111 Rockville Pike, Suite 800, Rockville, MD 20850
We're kicking off 2015 with a new (permanent) location and a wide variety of new programs for innovators and entrepreneurs in Montgomery County. Have you heard of the Thingstitute? Do you know about the Venture Mentoring Program? Guess what - there's also a new life sciences accelerator! All of this (and much more!) including Montgomery County's new emphasis on identifying funding sources for your business. You won't want to miss this program.
Thursday, February 19, 2015, 06:00pm - 09:00pm
The Lifetime Achievement award is given to individuals who have gone above and beyond over the course of their career to serve our community. This year, we have expanded our award categories and are proud to recognize three outstanding individuals in the fields of technology, life science, and education.
Our past recipients include Clifford M. Kendall, Chairman and CEO (Retired) of Computer Data Systems, Inc., Dr. Freeman A. Hrabowski III, President of the University of Maryland, Baltimore County (UMBC), Dr. James Barrett of New Enterprise Associates, and Ted Leonsis, Founder, Majority Owner, Chairman and Chief Executive Officer, Monumental Sports & Entertainment.
A surgeon can perform a complex, minimally invasive medical procedure with state-of-the-art robotic technology. But when she needs to communicate with her colleagues, the doctor is stuck with antiquated phone systems and outdated email clients.
When it comes to technology – not life-saving medical equipment, but the tools used in everyday communication – doctors are sometimes years behind the times. Despite rapid advances in technology (think smartphones, videoconferencing and more), physicians are largely reliant on slow, clunky and inconvenient tech.
In tracking life science investors worldwide, LSN’s research team has noticed that there are a growing number of Asia-based investors seeking global opportunities as well as investments in the U.S. and Asia.
After growing up on Cleveland’s east side, Bill Fuller headed for North Carolina in 1990. He returned briefly in the 2000s, but he didn’t think he’d ever come back. But when BioEnterprise asked him in 2013 to become its newest CEO-in-Residence, he couldn’t resist the opportunity.
In Palo Alto in the heart of Silicon Valley, hedge fund manager Joon Yun is doing a back-of-the-envelope calculation. According to US social security data, he says, the probability of a 25-year-old dying before their 26th birthday is 0.1%. If we could keep that risk constant throughout life instead of it rising due to age-related disease, the average person would – statistically speaking – live 1,000 years. Yun finds the prospect tantalising and even believable. Late last year he launched a $1m prize challenging scientists to “hack the code of life” and push human lifespan past its apparent maximum of about 120 years (the longest known/confirmed lifespan was 122 years).
The 3rd annual Ag Biotech Entrepreneurial Showcase is on May 19, 2015 in Research Triangle Park, NC. Ten to twelve entrepreneurs from across the greater eastern U.S. will be selected, and cash prizes for the best presentations will be awarded.
The deadline to submit an Application to present is February 12.