Md bio enterprise

In response to the declining state of science education in America, MdBio Foundation, Inc. today announced it will provide science teachers and students nationwide with an innovative and immersive educational video game platform free of charge beginning in 2013. The online platform, called MdBioSphere(TM), seeks to advance student comprehension in science, technology, engineering and math (STEM) and revitalize student interest in science-related careers through the use of innovative gaming technology. The serious game is being developed by Hunt Valley, Md.-based BreakAway, Ltd., and will be previewed at the BIO International Convention (June 18-21, 2012, Booth 0753 in the Maryland Pavilion) in Boston.

"The Foundation believes that creating a globally-competitive U.S. workforce begins in the classroom," said J.J. Finkelstein, chairman of the MdBio Foundation. "The MdBioSphere platform, which will be the first serious game platform to be mapped to the new U.S. science education standards, can be a breakthrough application that helps inspire the next generation of scientists that America needs if we are to compete in the 21st century. The MdBioSphere platform merges the captivating elements of online gaming with educationally-driven STEM curricula to deliver an exciting classroom experience that enriches both students and teachers."

germs-map

Today, in two of the world’s top medical journals, scientists are publishing the results of a $173 million government-funded project to sequence the vast bulk of bacteria, fungi, and viruses in and on the human body.

The results might at first seem anticlimactic. There’s no news about which germs cause or prevent disease, or even a clear message about how they make people different from one another. What we know is there are a lot of them. We have ten times as many microbial cells in our body as human ones, and though they are tiny, that still means that a 200-pound man is carrying two to six pounds of microbes, mostly bacteria. And there are tantalizing hints that they might play a role in all sorts of diseases. Patients who are at risk for difficult-to-treat hospital infections might have a particular kind of bacteria in their digestive systems; those who are obese might have another; children who can’t get enough nutrition might have a third.

Rich Bendis

BioHealth Innovation, Inc. (BHI), a regional private-public partnership focusing on commercializing market-relevant biohealth innovations and increasing access to early-stage funding in Central Maryland, announced today that its Board of Directors has named former Interim CEO Richard Bendis as the organization's first President & Chief Executive Officer.

Scott Carmer, BioHealth Innovation, Inc. Chairman of the Board and Executive Vice President of Commercial Operations at MedImmune, said, "The Board unanimously supported the appointment of Rich Bendis as BHI's President and CEO. As the interim CEO, Rich has been instrumental in establishing BHI, securing significant private and public sector support and funding, and developing and executing on long- and short-term strategic goals. Rich possesses unique knowledge and experience that will allow him to continue BHI's tremendous momentum to accelerate biohealth commercialization opportunities for Central Maryland."

financial-coi

Advances in medical and surgical care are hard-won. They require rigorous, carefully interpreted laboratory research. Equally important is the painstaking clinical work to translate basic discoveries into useful diagnostics, drugs, and devices.  Despite the odds, the achievements made in the past half century are unmistakable: a 50 percent reduction in cardiovascular mortality despite an epidemic of obesity; a dramatically decreased cancer mortality rate; and the conversion of AIDS from a death sentence to survival with good life quality.

The key to such success has been the growing number and complexity of collaborations between academics, physicians, regulatory agencies, and—not least—industry. Unfortunately, over the past 20 years, a mania has taken hold that discounts the social value of collaboration and has mounted an inquisition against it, encapsulated by the epithet “financial conflict of interest (fCOI).” Critics’ unwarranted allegations that such conflicts cause bias have limited the sources of intellect that can contribute to a given project.

angel-capital-assoc

Raise your hand if you realized the Midwest has become a hotbed of angel group activity -- and a well-respected resource of nationally respected investment knowledge. This spring, Tony Shipley represented the Angel Capital Association, a professional alliance of angel groups in the United States and Canada, in front of a Congressional subcommittee discussing equity finance as a catalyst for small business growth. The software entrepreneur, who founded the Cincinnati-based angel network, Queen City Angels= in 2000, testified about the financial and intellectual capital angel investors provide, while making suggestions on how Congress can use legislation and public policy to bolster the entrepreneurial ecosystem.

Shipley's presence at this meeting illustrates the growing national attention given to Midwest angels, who are making the region a hub for innovation. According to the 2011 HALO Report, 79 percent of angel group investments occurred outside of traditional funding mecca California. Of these investments, the Great Lakes region received the biggest proportion of them -- 15.9 percent, a percentage greater than the shares of innovation-rich regions such as New England and the Southeast.

UMD President Loh Asia

University of Maryland President Wallace Loh is extending his Asia strategy with an innovation tour of Taiwan and South Korea. In his third trip to the region, Loh is laying the groundwork for new research and educational partnerships through sessions with high-level government, industry and academic officials.

Follow Loh's live blog from Asia: http://ter.ps/vt

"Science and education transcend borders," Loh says. "A premier innovation and entrepreneurship university needs to operate in a global context today if it is to serve the state and the nation. By building new research collaborations, bringing Asian companies to our international incubator, and fostering intercontinental student exchanges, we keep Maryland plugged into the economic and intellectual currents."

northrop-gruman

Thanks in part to its proximity to the federal government, the University of Maryland has shaped itself into one of the few institutions that specialize in cybersecurity — contributing its own resources, while also relying on financial contributions and expertise from the Washington area's biggest government contractors.

The university's latest announcement came Monday from Falls Church-based Northrop Grumman Corp. , which will provide UMd. a $1.1 million grant to create the nation's first cybersecurity honors program for undergraduates, dubbed the Advanced Cybersecurity Experience for Students. The program will kick off this fall, and Northrop will support it for an additional two years.

College Graduation

In a recent op-ed column headlined "The failure of college for all" (May 28), Robert J. Samuelson raised some interesting ideas, such as enhanced vocational education and expanded apprenticeship programs. However, he started from what higher education professionals would label a false premise, rendering his observations and arguments less valuable.

Although I have no doubt that some people have issued calls for universal access to higher education, those who are serious about education policy have never proposed anything remotely close to 100 percent college attendance or college completion

CMS

In a strong show of support for more effective, more affordable, higher quality health care, 45 commercial, federal and State insurers in seven markets today pledged to work with the Centers for Medicare & Medicaid Services (CMS) to give more Americans access to quality health care at lower cost.

Under the Comprehensive Primary Care initiative, CMS will pay primary care practices a care management fee, initially set at an average of $20 per beneficiary per month, to support enhanced, coordinated services.  Simultaneously, participating commercial, State, and other federal insurance plans are also offering an enhanced payment to primary care practices that provide high-quality primary care.  

SBIR STTR

The National Cancer Institute (NCI) recently announced a new Program Announcement, aimed at accelerating the development and commercialization of consumer health information technology products that translate the behavioral and communication science evidence base for the prevention and control of cancer and other chronic diseases. The NCI and the National Library of Medicine (a co-funding partner) are interested in supporting the development and dissemination of evidence-based health information technology (health IT) products that have the potential to:

  • Prevent or reduce the risk of cancer 
  • Facilitate patient-provider communication and/or 
  • Improve disease outcomes in consumer and clinical settings

A non-exclusive list of product examples relevant to the FOA are provided below.

PhaseBio

PhaseBio Pharmaceuticals Inc., a clinical-stage biotechnology company developing drugs to treat diabetes, metabolic disease and cardiovascular disease, has closed its Series B round with a total of $48.4 million, the company announced. The round closed after a third tranche.

PhaseBio is backed by New Enterprise Associates, Astellas Venture Management, Johnson & Johnson Development Corp., Hatteras Venture Partners and Fletcher Spaght Ventures.

Serial entrepreneur panel small

A panel of entrepreneurs told the Maryland Economic Development Commission on Tuesday that Maryland needs to commercialize more discoveries made in academic and government labs and improve the entrepreneurial culture if the state hopes to compete with traditional hubs of innovation.

“You ain’t gonna replicate Silicon Valley and Boston in many places around the world. What Maryland has is unrivaled research assets that, basically, most states cannot compete with,” said Rich Bendis, interim CEO of BioHealth Innovation Inc. “The difference is, we’re talking about culture. It’s the entrepreneurial culture that’s different in those other cities.”

Bendis said Maryland’s stature is improving in the eyes of entrepreneurs and those tasked with supporting startups.

DHHS

The Department of Health and Human Services (HHS), along with the Institute of Medicine (IoM) and other members of the Health Data Consortium, are co-hosting the third annual “Datapalooza” focusing on innovative applications and services that harness the power of open data from HHS and other sources to help improve health and health care.

The Health Data Initiative Forum III is featuring more than 100 new or updated solutions, up from 45 solutions last year, that help serve the needs of consumers, health care providers, employers, public health leaders, and policy makers.

“The innovators present today are a great example of how data and technology can be used in powerful ways to help consumers and providers improve health,” said HHS Secretary Kathleen Sebelius. “We’re not just creating new technology, but we’re empowering Americans to make better decisions about health and health care by putting information at their fingertips.”

Techcouncilmd

The Tech Council of Maryland (TCM), Maryland's largest technology trade association with more than 400 biotechnology and technology members employing more than 200,000 in the region, announced that it has moved into a new headquarters at 9210 Corporate Blvd., Suite 470 in Rockville, a short distance from its previous offices on Key West Ave. All phone numbers and e-mail addresses for TCM staff remain the same.

"The move to Corporate Blvd. accomplishes several things for the association," said Art Jacoby, TCM's CEO. "The space offers us a far better layout, which enables improved internal teaming, communication and productivity. And, it's 'right-sized,' so we're achieving some operating expense savings, as well. The staff and I are very excited and see this move as a fresh start the plans we have to strengthen TCM in the future."