BHIARPAHROCKVILLE, MARYLAND, October 5, 2023 – BioHealth Innovation, Inc. (BHI) is proud to announce a pivotal agreement with the Advanced Research Projects Agency for Health (ARPA-H) to provide Entrepreneurs-in-Residence (EIRs) in support of ARPA-H's mission. This collaboration aims to bolster the development and commercialization of transformative health solutions.

Under the agreement, BHI's EIRs will offer strategic guidance to ARPA-H Program Managers (PMs) in areas including technology development, intellectual property, and small business needs. They will assist in the development and execution of programs, evaluate partnership opportunities with government biomedical and health research agencies, and leverage industry associations to support funded performers.

"We are immensely excited about this collaboration with ARPA-H," says Rich Bendis, President and CEO of BHI. "By providing our Entrepreneurs-in-Residence, we aim to bridge the gap between innovation and market realization, ensuring that transformative health solutions reach those who need them most."

The EIRs will provide embedded support to ARPA-H funded performers, aiding in business plan development, commercialization strategy, market research, and more. They will also support ARPA-H Project Accelerator Transition Innovation Office and Mission Offices in transitioning ARPA-H funded solutions to the market, identifying or recommending new programs to fulfill ARPA-H's primary mission. Visit https://arpa-h.gov/ to learn more about the Advanced Research Projects Agency for Health (ARPA-H).

About BioHealth Innovation, Inc. BioHealth Innovation, Inc. (BHI) is a public-private nonprofit organization focused on accelerating biohealth (therapeutic, diagnostic, medtech, and health IT) commercialization in the BioHealth Capital Region (Maryland, DC, and Virginia). For more information: www.BioHealthInnovation.org