The NFL, Under Armour and GE on Wednesday launched Head Health Challenge II, an open innovation challenge to award up to $10 million for new innovations and materials that can protect the brain from traumatic injury and for new tools for tracking head impacts in real time. The challenge is part of the Head Health Initiative, a collaboration to help speed diagnosis and improve treatment for mild traumatic brain injury.

Kevin Plank, Founder and CEO of Under Armour said: "As longstanding partners of the NFL and in collaboration with GE, we take great pride in our participation in the Head Health Challenge II. We are excited to harness the power of innovation and assemble the best minds in the world towards an effort to make the field of play safer across all sports and for all athletes."

This graph is a good visual depiction of how aging baby boomers, advances in technology and shifts in the way healthcare is delivered under reform may influence jobs in the healthcare sector.

In a Labor Day article, PBS directed us to interesting data published last year by U.S. Bureau of Labor Statistics in its Occupational Outlook Handbook (h/t @VentureValkyrie). Seventeen of the 30 occupations expected to grow the quickest between 2010 and 2020 are healthcare and medicine-related.

With all the concern (and liability) hospitals and their partners face to keep patient medical data secure and private, one new biometric security innovation could offer an interesting alternative to the typical password. This wristband grants users access to their devices by identifying the wearer by their heartbeat.

Image Courtesy of dream designs / FreeDigitalPhotos.net

Johns Hopkins University's Whiting School of Engineering said Tuesday it will partner with Campbell & Co., a Baltimore-based investment firm, in a teaching and internship program.

Staff from Campbell will teach an investment science course at Hopkins during the fall semester and offer paid internships to as many as three Hopkins students during the year.

BD Diagnostics, a part of Becton Dickinson and Company, announced on Tuesday that the U.S. Food and Drug Administration has cleared the launch of its BD ProbeTec Trichomonas vaginalis Qx Amplified DNA Assay.

The BD ProbeTec Trichomonas vaginalis Qx Amplified DNA Assay will be used in BD Diagnostic’s BD Viper System with XTR Technology to detect T. vaginalis DNA in endocervical, vaginal and urine samples. The BD Viper System is used by laboratories to test samples for T. vaginalis, C. trachomatis and N. gonorrhea and can also be used in batch mode to test for chlamydia and gonorrhea, trichomonas and herpes.

Health care organizations in North America are projected to spend more than $34.5 billion on health IT in 2014 to comply with health care regulations, according to a new report from Technology Business Research, Clinical Innovation & Technology reports. 

For the report -- titled "SourceIT Healthcare Report" -- researchers interviewed 225 health IT executives and line-of-business managers and conducted 25 in-depth interviews to learn about spending intentions, priorities and perceptions (Pedulli, Clinical Innovation & Technology, 8/29). 

WellDoc® announces the appointments of Dr. David Levy, Terry Lierman, Donald Almeida and Michael Greenebaum to its Board of Directors. In addition, the company has formed a new strategic advisory board that includes Dr. Michael Stocker, Rt Hon Alan Milburn, H. Tom Watkins, and Christopher T. Rogers. These global healthcare and technology executives add experience and guidance to the company during the launch and commercialization of BlueStar™, the first FDA cleared, reimbursable, mobile prescription therapy for type 2 diabetes.

“I’m humbled to serve the company alongside individuals who literally crafted today’s ground breaking healthcare policies both in the U.S. and in Europe and who have built multi-billion dollar successful businesses” “We are proud to welcome David, Terry, Don and Michael to our Board of Directors and Mike, Alan, Tom, and Chris as advisors,” stated Ryan Sysko, Founder and CEO of WellDoc. “Each addition brings unique local and global experiences from private industry, healthcare, technology, and policymaking backgrounds. Their collective knowledge will be invaluable to the growth of our company.”

MEXICO-U.S. INNOVATIVE BUSINESS OPPORTUNITIES

Tuesday, September 17, 2013; 7:30 AM - 10:30 AM

Mexico is currently the 3rd largest goods trading partner to the U.S. with $494 billion in total trade (2012) and is the 2nd largest economy in Latin America. This Global Trade Forum will provide access to experts and information about the ways innovative businesses connect across borders. A distinguished presentation will be made by the Mexican Ambassador to the United States, His Excellency Eduardo Medina-Mora. Public and private sector representatives will focus on bio-tech and other industry sectors as panelists and conduct one-on-one sessions with attendees.

In a financially stretched healthcare market, medical technology is sometimes seen as an expensive luxury. But use of the RIGHT technology can actually cut the overall cost of medical treatment and improve patient outcomes. You might be wondering how…

We live longer now, and we are more sedentary, so chronic diseases such as diabetes, chronic obstructive pulmonary disease, and Alzheimer’s are on the rise. These long-term degenerative diseases place a high cost burden on our healthcare systems. The sooner doctors can detect, treat, and/or prevent these conditions in patients, the more they can reduce this burden. This presents exciting opportunities for medtech companies to demonstrate R&D ingenuity.

Moore’s Law predicts that every two years the cost of computing will fall by half. That is why we can be sure that tomorrow’s gadgets will be better, and cheaper, too. But in American hospitals and doctors’ offices, a very different law seems to hold sway: every 13 years, spending on U.S. health care doubles.

Health care accounts for one in five dollars spent in the United States. It’s 17.9 percent of the gross domestic product, up from 4 percent in 1950. And technology has been the main driver of this spending: new drugs that cost more, new tests that find more diseases to treat, new surgical implants and techniques. “Computers make things better and cheaper. In health care, new technology makes things better, but more expensive,” says Jonathan Gruber, an economist at MIT who leads a heath-care group at the National Bureau of Economic Research.

Sign up for the live Q&A Webcast >

Date & time: October 1, 2013 at 16:00 Central European Time (US: 10:00 EST, 7:00 PST)

In this live IM Channel One Ask the Expert Q&A hosted by NineSigma we will share hands-on experiences on how open Innovation can be applied to mitigate operator bias. By formulating business cases that address global healthcare needs, the pharmaceutical industry can open new avenues of innovation that are built on existing solid assets, developing accessory devices and services, creating user communities (medical and/or patient) and strategies to defend against the generic erosion of revenue.

Once the healthcare innovator’s guide to must-know tech terms for the next decade of medicine hit on Monday, the feedback started coming in. It’s continued to trickle in via email, Twitter and LinkedIn all week. (Thank you!)

MedCity News readers had some interesting ideas about technologies they think everyone in the healthcare space needs to know about. A few ideas came up more than once, warranting an amended list. So here you have it: five additions from readers who think these trends are about to break through in healthcare.

NIH announces the availability of a Niche Assessment Program for its SBIR/STTR Phase I awardees funded in fiscal years (FY) 2013 and 2014. All active NIH SBIR/STTR Phase I awardees (by grant or contract) as well as those small businesses selected to receive a Phase I award in the first three months of the upcoming fiscal year will be eligible to participate. This program can help “jump-start” a company’s commercialization efforts by providing the market insight and data that can be used to strategically position its technology in the marketplace, by assisting companies with their development of commercialization plans for Phase II applications, and by introducing small businesses to potential partners.

A third party, unbiased assessment of appropriate market niches for products/services that are being developed by NIH’s SBIR/STTR Phase I awardees will be performed by Foresight Science & Technology. Using its Technology Niche Analysis® (TNA®), Foresight will perform the due diligence on markets appropriate for each SBIR technology and develop an in-depth report for each SBIR/STTR awardee that addresses:

• needs and concerns of end-users 
• competing technologies and competing products 
• competitive advantage of the SBIR/STTR-developed technology 
• market size and potential market share (may include national and/or global markets) 
• barriers to market entry (may include, but is not limited to pricing, competition, government 
• regulations, manufacturing challenges, capital requirements, etc.) 
• market drivers 
• status of market and industry trends 
• potential customers, licensees, investors, or other commercialization partners 
• price customers are likely to pay

Ten of Maryland's nineteen fastest-growing companies are located in Montgomery County – including the state's highest-ranking company and two of our incubator companies! Ten is also two more than made the list from well-publicized, regional rival Fairfax County, Virginia – supporting what local businesses and economic development professionals have known for years: Montgomery County is a GREAT place to grow a business.

A team of researchers led by Andrew Coop, PhD, professor and chair of the Department of Pharmaceutical Sciences (PSC) at the University of Maryland School of Pharmacy (UMSOP), has developed a new opioid drug that shows great potential to advance treatment and improve quality of life for individuals living with chronic pain. Spotlighted in a recent issue of ACS Chemical Neuroscience, the compound, known as UMB 425, is as strong as morphine, but displays diminished tolerance over time with no obvious toxic effects.

"UMB 425 is a breakthrough in the development of therapeutics to treat chronic pain," says Coop (on the left in the photo). "Unlike other drugs developed to act on only one biological target, UMB 425 acts on two different opioid receptors in the body. When activated at the same time, these receptors work together to provide pain relief and slow the body's development of tolerance to the drug. This diminished tolerance allows a lower dose of the opioid to be administered for a longer time period, while still achieving the same level of pain relief."

Montgomery County Executive Isiah Leggett will visit China next month, leading a delegation of business and civic leaders looking for partnership opportunities in areas such as education and biotechnology.

While final details are still being worked out, Leggett’s group is scheduled to visit Beijing, Shanghai, Benxi and Xi’an, the county’s newest “sister city.” The trip, set for Sept. 15-25, has been jointly organized by the county, the Maryland China Business Council and the state of Maryland’s trade and investment office in Shanghai, which will help with roundtables and other contacts.

BD Diagnostics, a segment of BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, announced today the U.S. Food and Drug Administration clearance and launch of the BD ProbeTec™ Trichomonas vaginalis Qx Amplified DNA Assay for the direct qualitative detection of T. vaginalis DNA in endocervical and vaginal samples as well as neat urine specimens to aid in the diagnosis of trichomoniasis on the BD Viper™ System with XTR™ Technology. This assay has been CE-marked to the In Vitro Diagnostic Directive (98/79/EC).

Trichomoniasis is the most common curable sexually transmitted infection (STI). Worldwide, more than 180 million cases are estimated to occur annually.[i] Genital inflammation caused by trichomoniasis can increase a woman’s susceptibility to HIV infection. In HIV-infected women, trichomoniasis may increase the likelihood of HIV transmission to sex partners. Furthermore, trichomoniasis is often asymptomatic. For these reasons, experts recommend screening for T. vaginalis in women considered to be at high risk for infection (i.e., women who have new or multiple partners, have a history of STIs, exchange sex for payment, or use injection drugs).  

One of the first tenants to lease at Emerging Technology Center’s new Highlandtown location is SameGrain, developer of a social discovery platform that helps people anonymously locate, connect with, and grow new friendships with people who share similar demographics, beliefs, and interests.

One of SameGrain’s goals is making it easier for people who share common interests to find each other, says SameGrain co-founder Anne A. Balduzzi.

ATCC, the premier global biological materials resource and standards organization, announces material deposit agreements with over 30 leading public and private institutions. These institutions will have the option to participate in the new Biomaterial Contributor Network (BCN), and make important research materials available to the research community. ATCC will coordinate with Technology Transfer Offices at each institution to create a simple, streamlined process for adding new microbial strains and cell lines to the ATCC collection. Many of the participants will have an opportunity to receive a share of the revenue from the sale and licensing of materials developed at their institutions. Over 225 unique biological materials are deposited under these agreements to date, with most available to both contributors and others as determined jointly by ATCC and the institution.

“Since 1925, ATCC has set the standard for providing the largest and most diverse collection of authenticated biological materials to the scientific community. The Network enables Contributors to create a lasting impact on science around the globe,” said Dr. Raymond Cypess, CEO of ATCC. “These agreements reinforce ATCC’s Mission to distribute scientifically valuable, authenticated materials, while recognizing the shared financial benefit with participating institutions,” said Matt Klusas, Senior Director of Corporate Development at ATCC.

Johns Hopkins researchers say they have found a specific protein in nearly 100 percent of high-grade meningiomas — the most common form of brain tumor — suggesting a new target for therapies for a cancer that does not respond to current chemotherapy.

Importantly, the investigators say, the protein — NY-ESO-1 — is already at the center of a clinical trial underway at the National Cancer Institute. That trial is designed to activate the immune systems of patients with other types of tumors that express the protein, training the body to attack the cancer and eradicate it.

Electronic medical records. DNA sequencing. Big data. These technology trends are changing the way medicine is practiced today — but what's coming next? I scoured the web, reached out to futurists and drew from past conversations with industry leaders to compile a list of the next generation of disruptive technologies that are on the brink of breaking through in healthcare. What's missing from this list?

AstraZeneca Plc took a further step to bolster its pipeline of new cancer drugs on Monday by agreeing to acquire privately held U.S. biotech company Amplimmune for up to $500 million.

The deal is the second within 24 hours in the cancer drug space, following Amgen Inc's much larger acquisition of Onyx Pharmaceuticals Inc for about $10.4 billion.

Amplimmune specialises in developing treatments designed to help the immune system fight cancer and the purchase will give AstraZeneca access to a number of compounds currently in pre-clinical development.

Forum Agenda: 7:30 a.m. - 5 p.m.

Jones Day Terrace & Conference Center

51 Louisiana Ave, NW | Washington, D.C.

With the increasing adoption of cloud computing, mobile devices and web-based applications, hackers have more opportunities than ever to infiltrate and crash network systems, especially in healthcare, which is increasingly becoming more vulnerable. The two greatest areas of opportunity for investment capital and the start-up community is in healthcare and cyber security. The nexus of these two sectors provides an even greater and more focused set of opportunities for investment. The Angel Venture Forum brings together all star roundtables of experts to opine and discuss the topics and the opportunities herein.

Novartis International AG / Novartis holds annual healthcare entrepreneur competition to generate insight into healthcare and innovation of tomorrow . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

• The International Biotechnology Leadership Camp (BioCamp) fosters idea exchange with leading scientists as well as entrepreneurship for young talents
• 60 selected students from leading international universities attend to explore science and innovation at Novartis headquarters in Basel, Switzerland
• Novartis CEO presents innovative health care solutions and business approaches to address the evolving need to improve patient outcomes

A new system for visualizing the brain during surgery is helping neurosurgeons more accurately diagnose and treat patients and is even allowing them to perform some procedures that until now have been extremely difficult or even impossible.

Neurosurgeons can use the imaging technology during surgeries that require small objects—biopsy needles, implants, or tubes to deliver drugs—to be placed at precise locations in the brain. The system provides live magnetic resonance images (MRI) that allow surgeons to monitor their progress during the operation.  

Howard County has plans for a new incubator that would aim to develop companies with a socially conscious focus.

The Conscious Venture Lab is a partnership between Howard County and New York-based The Porter Group LLC. The incubator, which will be housed in the county’s Maryland Center for Entrepreneurship, could begin enrolling entrepreneurs and budding startups as early as this fall.

Take Care Team Connect, an Evanston, Ill.-based IT firm that provides software platforms for population healthcare management while also offering provider coaching services on how to manage population-based workflows effectively.

Hospital executives have never been frivolous when it comes to investing in technology, but as reimbursements shrink, the need to carefully analyze each purchasing decision has never been more urgent. Given all the worthwhile – and not so worthwhile – options, what choices are hospital administrators currently making?

Washington: A group of researchers have made a significant breakthrough for figuring out which mutations are benign and which are deleterious in cystic fibrosis.

BioMaryland is supporting various events in France which benefit the biohealth community. See if your company qualifies for a travel assistance grant to fly out and attend!

This summer marked the inauguration of the DreamIt Health accelerator, a startup boot camp focused on healthcare IT run by DreamIt Ventures and powered by Penn Medicine and Independence Blue Cross. In four short months, ten extraordinary teams of entrepreneurs, including four from Wharton, were brought together from around the country to achieve significant milestones going from concepts to prototypes, products, pilots and revenues. As the program wound down, the investor, startup and healthcare community turned out in force for Demo Day to see a snapshot of each company's progress and plans for the future.

AstraZeneca today announced that MedImmune, its global biologics research and development arm, has entered into a definitive agreement to acquire Amplimmune, a privately-held, Maryland, US-based biologics company focused on developing novel therapeutics in cancer immunology.

Investigators discuss new findings in Biomedicine and Biomedical Engineering. According to news reporting out of Baltimore, Maryland, by NewsRx editors, research stated, "Case reports document successful use of a high-density polytetrafluorethylene membrane to augment horizontal defects associated with immediately placed implants."

Our news journalists obtained a quote from the research from the University of Maryland, "This membrane, which is designed to withstand exposure (not require primary closure) to the oral cavity because it is impervious to bacteria, reduces the need for advanced flap management to attain primary closure. Thus, the surgical aspect is less complex and the mucogingival architecture of the area can be maintained."

Biomedical engineers from The Johns Hopkins University have partnered with clinicians to create new therapeutic eye injections for a type of central vision loss caused by blood vessel growth at the back of the eye.

The new drug, with a biodegradable time-release coating is currently being tested to evaluate effectiveness in stopping such growth in mice.