vaxin-inc-lab

Vaxin Inc., a promising biotech company spun from research at the University of Alabama at Birmingham, quietly moved from Innovation Depot to a new home in Maryland as it continues development of vaccines for the flu and anthrax.

The company, founded in 1997, has consolidated its staff and lab space on the East Coast in order to be closer to funding and a number of other vaccine development companies, Chief Executive Bill Enright said Thursday. He said other reasons for the move were to consolidate costs and get closer to the company's primary source of funding, the U.S. Department of Health and Human Services' Biomedical Advanced Research and Developm

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The FDA, for most of the past 10 years, was the regulatory agency that many people in biotech and pharma loved to hate. Critics have long complained about bureaucratic foot-dragging, byzantine organization, poor communication, excessive aversion to risk, and arbitrary decisions around whether to approve new drugs for sale in the U.S.

But FDA bashers, at least in the pharmaceutical world, haven’t had much to complain about in 2012. Suddenly the FDA and the pharma industry it regulates look like best pals. The FDA, under commissioner Margaret Hamburg, has been making noise for some time about its desire to not just ensure the safety and effectiveness of the U.S. drug supply, but to also help promote the development of innovative new medicines. This year, the agency has absolutely done everything it can to back up its rhetoric with actions that prove it isn’t an adversary but more of a partner in the development of new medicines.

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A trio of social entrepreneurs with industry success in technology, law and fashion are appointees to the inaugural Social-Entrepreneur-In-Residence team at the Robert H. Smith School of Business Center for Social Value Creation at the University of Maryland.

The appointees are Kim Persons, a partner with the KAP Group and founding president (1999-2010) of Gecko Traders Inc., a manufacturer and global distributor of handbags and women’s fashion accessories; Drew Bewick, managing director of Tree House Ventures, LLC, a technology and innovation consulting firm serving multiple companies and non-profit organizations; and Darius Graham, co-founder of the DC Social Innovation Project – a non-profit providing seed funding and pro bono services to spur creative, new projects tackling pressing social issues in Washington, D.C.

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Apparently, there’s lots of innovation going on up at BD Diagnostic Systems in Sparks.

Forbes listed its New Jersey parent company, Becton, Dickinson & Co., to its list of “World’s Most Innovative Companies” in its latest issue. The medical device company employs 29,000 people total — including 1,600 in Baltimore County. It makes diagnostic equipment for the microbiology and molecular biology industries.

Maryland

They call themselves “shadows” — young Maryland residents brought to this country as children by their parents.

They worked hard. They excelled in our public schools. They want to go to college so they can be more productive members of our workforce. They do not ask for a free ride. Yet they remain shadows because their parents came without immigration papers. The Maryland Dream Act would bring these young people into daylight.

Startup maryland

Startup Maryland Teams with Regional Innovation Stakeholder to Co-Host Tour Stops Across the State of Maryland

Startup Maryland is launching Pitch Across Maryland, a state-wide startup tour and business pitch competition. Taking place September 11 – 28, this two and a half week tour across the state will travel from the Eastern Shore to Western Maryland; from Cecil County to St. Mary’s County; from the Baltimore Beltway and the DC Beltway — and everywhere in between.

The bus will travel the state to visit incubators, economic development agencies and universities—all in the name of celebrating entrepreneurship.  At each stop, Startup Maryland will hold rallies sharing information about the incredible entrepreneurial resources across the state and within their region. Additionally, entrepreneurs will get coaching and support from business mentors and other leaders of Maryland’s innovation economy.

health records

Arlington-based Surescripts will partner with health record-keeping giant Epic Systems Corp. to allow doctors to transfer records between the two patient data networks, the company said Thursday.

Surescripts, which specializes in transmitting prescription data, launched a network for doctors to share all clinical data in 2010. Under the deal announced Thursday, doctors using that network will be able to connect to physicians using Epic's own network, known as the Care Everywhere interoperability platform.

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Aeras and the Infectious Disease Research Institute (IDRI) announce today the start of the first clinical trial of IDRI’s novel tuberculosis vaccine candidate, ID93 + GLA-SE. The Phase I clinical trial will assess the safety, tolerability and immunogenicity of the vaccine candidate in 60 healthy adult volunteers. The study will be conducted by Johnson County Clin-Trials in Lenexa, Kansas, in close collaboration with Aeras and IDRI.  

Tuberculosis (TB), which kills more people than any other infectious disease except HIV, has orphaned 10 million children, and costs the global economy an estimated $1 billion every day. An increasing number of diagnosed multidrug-resistant TB cases are making the disease more difficult to control and multiplying the cost and time it takes to treat patients, which can take two years or longer for multidrug-resistant TB.

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Fyodor Biotechnologies, a Baltimore-based diagnostic and biopharmaceutical company, announced today that the National Science Foundation has awarded the company a Small Business Innovation Research (SBIR) Phase I grant. With the $150,000 funding, Fyodor plans to develop a novel recombinant antibody to be used in a urine-based test for the point-of-need detection of Leptospirosis.

Leptospirosis is a worldwide, potentially serious but treatable bacterial disease that occurs in humans and domestic animals, including pets. The causative bacteria are spread through the urine of infected animals, which can get into water (including swimming pools) or soil, and can survive there for weeks to months. Clinical signs of leptospirosis are nonspecific, and current diagnostic tools rely on complicated testing methods that are unsuitable for use in many point- of-need settings. Therefore, a simple one-step test is urgently needed for rapid diagnosis.

The deadline for contract proposal submissions is Tuesday, November 13th, 2012

Details and solicitation materials are available at the NIH SBIR Website in the Funding Opportunity Table: http://sbir.nih.gov/.

Applications must respond to a topic in the solicitation. All submissions must be on paper. Contract proposal forms are available electronically at PHS 2013-1 PDF [http://grants.nih.gov/grants/funding/SBIRContract/PHS2013-1.pdf] or MS Word [http://grants.nih.gov/grants/funding/SBIRContract/PHS2013-1.doc]. Please follow the direc­tions in the solicitation very carefully.

united-therapeutics-hq

Just look at The Crescent condominium on Wayne Avenue, which has seen a rotating cast of retail tenants since it opened in 2006. Or the newly-completed United Therapeutics headquarters, which has several empty retail spaces at the intersection of Cameron and Spring Streets.

Around the corner, developers of an apartment building called The Cameron placed tables and chairs in front of their ground-floor retail space in anticipation of a restaurant, but they got an outpatient surgery center instead.

oklahoma-university

In this weekend edition of the 2013 Unigo College Rankings we're showcasing the colleges across the country that, according to students, have built exemplary entrepreneurship programs and made resources for aspiring founders readily available.

cit-gap-funds

Angel investing stands to benefit from economies of scale. Solo startup investing isn’t quite as terrifying a process as solo entrepreneurship, but it still involves the same sort of iron guts and optimism in the face of probable failure. It's your cash on the line, after all. Finding good deals, performing due diligence, haggling with founders over valuation — all can be daunting jobs for a single angel. Getting it wrong means lot of grief and an eventual tax write off.

The wisdom of crowds, especially seasoned, sophisticated crowds, has much to offer in this regard. And that is the basic idea behind angel networks, which boost not only the amount of capital available to an entrepreneur, but also – if done correctly — the intelligence on the other side of the table.

umd-shady-grove

The Universities at Shady Grove in Rockville is bringing in a program this fall that leaders say will help educate the county work force to match the opportunities available.

After watching the growth of the health care industry, and talking with students and local businesses, the campus will offer the University of Baltimore’s Master of Science in health systems management program, said John Callahan, program director for the University of Baltimore’s health systems management program.

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McLean-based Science Applications International Corporation says it will split into two separate, publicly traded companies.

The newly formed spin-off company would focus on government technical services and enterprise information technology, it says.

SAIC expects the spin off to take place in the latter half of its next fiscal year. It will not require a shareholder vote, though the board, which has authorized management to pursue the plan, will have final approval.