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The University of Maryland will house an incubator for quantum computing startups, offering access to high-quality internet and connections with potential customers, the school announced last week.

The university will spend $25 million to create the Quantum Startup Foundry, according to a press release. The $25 million comes from state investment and from the university’s Discovery Fund. The program will include a physical space for the startups on the school’s College Park campus, including offices and labs.


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Infectious disease therapies have been awarded the highest number of National Institutes of Health (NIH) grants over the last 20 years, according to GlobalData’s Pharmaceutical Intelligence Center’s deals database. The Covid-19 pandemic shed light on the importance of funding for drug development in this crucial therapy area. The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programmes encourage innovation and technological development from small businesses with a focus on commercialisation. These programmes allocate hundreds of grants each year for infectious disease commercialisation, especially at crucial early stages of development.



Background: Advancements in biotechnology are recognized as one of the most important scientific achievements of the 20th Century. The emergence of biotechnology profoundly impacted the health of the world, and the economic vitality of regions where bio clusters and bioresearch parks grew. This article explores some of the historical and policy implications undergirding this development in the United States and the importance of alignment of life science research activity, public policies, and leadership to build place-based communities of biotechnology innovation.


Montgomery County, Maryland, was a leader in biotechnology before COVID-19 hit, ranking among the highest in the nation for the number of life sciences companies, and the pandemic has only fueled the industry’s growth.

That means more high-paying jobs and demand for research and laboratory-suitable real estate.

Image: TCR² Therapeutics’ future lab space will be built in Rockville, Maryland. (Courtesy JLL)

Connected DMV Logo

April 23, 2021 (Washington, D.C.) - Connected DMV, a cross-sector regional non-profit committed to solving complex economic and social challenges in Greater Washington, today announced two new members to its executive team. Former Obama Administration Commerce Department official Matt Erskine has been named Chief Strategy Officer and former Bill & Melinda Gates Foundation officer Sarah Bauder has been named Vice President of Development and Workforce Initiatives. The organization also announced key milestones reached over the past year.


SBIR/STTR 11 Agencies, 1 Vision: Seed the Future

This half-day workshop, led by Jim Greenwood of Greenwood Consulting Group will cover one of the most important but least appreciated aspects of the SBIR/STTR programs, the cost proposal. There are many rules and regs hiding behind the cost proposal, and they will tend to bite you if you don’t get a handle on them. And if you don’t know how to set up your cost proposal, or don’t appropriately track expenses (especially labor) when you get the SBIR/STTR award, you will lose money. Come learn the terminology and concepts, and how to estimate your own indirect (aka overhead or F&A) rate and how to request and justify a profit/fee as part of the budget. Jim will meet with attendees for one-on-one sessions a week following this event and details on this consulting will be provided to workshop attendees.


Johns Hopkins Logo

For the second consecutive year, a team of Johns Hopkins students from the Carey Business School took top prize at the annual MIT Sloan Operations Simulation Competition, held April 17-19 in Cambridge, Massachusetts. A second Carey team captured third place.

The competition was the 16th of a global contest attracting participants from top business schools.


Cursor and Addressing the needs of pediatric medicine with the Children s Hospital Coalition powered by Phlow

RICHMOND, Va. -- The pandemic has created an ongoing need for pediatric medicine and two organizations have partnered to tackle the issue. Founder of Phlow Corporation, Eric Edwards, M.D., PhD., and Kurt Newman M.D., President and CEO of the Children’s National Hospital share their insight as well as the mission and objective of the coalition. For more information, visit the website of the Children’s Hospital Coalition.



AM&AA brings back the world of middle-market mergers and acquisitions live and in-person this summer in Dallas, Texas!

Network with hundreds of decision-makers, including M&A advisors, capital providers, and investment bankers. Whether you’re on the buy or sell side, you won’t want to miss this must-attend industry event that will yield new deal connections and results.


Immunomic Therapeutics logo

ROCKVILLE, Md. & CARLSBAD, Calif.–(BUSINESS WIRE)– Immunomic Therapeutics, Inc., (“ITI”), a privately-held clinical stage biotechnology company pioneering the study of nucleic acid immunotherapy platforms, announced today a worldwide license and development collaboration agreement with Lineage Cell Therapeutics, Inc. (NYSE American and TASE: LCTX), a clinical-stage biotechnology company developing novel cell transplants for serious medical conditions. The collaboration will generate a novel product candidate derived from Lineage’s investigational allogeneic VAC cancer immunotherapy platform and targeting a proprietary Tumor Associated Antigen (TAA) construct provided by ITI, for the treatment of glioblastoma multiforme (GBM). Lineage and ITI will collaborate in the manufacturing and clinical development of a novel VAC product candidate. Following the full development and delivery of Current Good Manufacturing Practice (cGMP) VAC product material, ITI will assume full and independent clinical and commercial responsibility and further advancement of the program. Under the terms of the agreement, Lineage will be entitled to an upfront payment of $2 million paid in the first year and development and commercial milestones totaling $67 million across multiple indications. Lineage also will be eligible to receive royalties up to 10% on future product sales.



A Virginia Beach biotech accelerator program announced more than five years ago as a way to attract a booming, high-salary industry to the area has completed lab construction and is finally looking for tenants.

The VABeachBio Accelerator finished construction in February and is now accepting lease applications. The 5,700-sqaure-foot office and lab space is in the Convergence II office near the intersection of Independence Boulevard and Interstate 264.


Gain Therapeutics Gain Therapeutics Announces Multi Target Drug Discovery Collaboration Agreement with Zentalis Pharmaceuticals

Collaboration to use Gain’s proprietary Site-Directed Enzyme Enhancement Therapy (SEE-Tx™) computational platform technology to identify new and previously difficult-to-drug oncology targets

BETHESDA, Md., April 20, 2021 (GLOBE NEWSWIRE) -- Gain Therapeutics, Inc. (NASDAQ: GANX) (“Gain”) today announced a multi-target collaboration agreement with Zentalis Pharmaceuticals (NASDAQ: ZNTL) to discover new product candidates for the treatment of cancer. Gain will use its proprietary SEE-Tx computational platform technology to identify new sites on target proteins for potential use in oncology. SEE-Tx applies a proprietary computational algorithm and supercomputer processing to the published 3D structure of proteins to discover new binding sites with the ability to modulate protein function. The intended output is newly-discovered targets or target protein interactions that can then be drugged for therapeutic benefit to intervene on protein misfolding.



Led by Noble Capital Markets and Tichenor Ventures to Fund OST-HER2 PhIIb Trial and OST-TDC Preclinical Next Generation ADC

CAMBRIDGE, Md., April 20, 2021 /PRNewswire/ -- OS Therapies, a clinical-stage biopharmaceutical company focused on discovering and developing innovative therapies to treat and cure Osteosarcoma (OS) and other deadly cancers in kids and adults including ovarian, esophageal, endometrial and lung cancers, today announced the closing of a $6 million Series A round of funding.


The purpose of this event is to bring Technology Transfer leaders, policy makers, thought leaders, and innovators in the Technology Transfer field together to discuss and exchange ideas on how to best qualify and quantify the impact of Technology Transfer on the stakeholders it serves.


Gaffney Cellphire

ROCKVILLE, Md., April 20, 2021 /PRNewswire/ -- Cellphire Therapeutics, Inc., a biotechnology company developing next-generation platelet-based hemostatic therapeutics for application across multiple medical indications, announced today that Michael Gaffney has joined the company as Chief Executive Officer, effective immediately. Mr. Gaffney brings deep health sector insight, extensive operational experience, and proven strategy and capital markets expertise to Cellphire. He will also join the Company's board.



The Montgomery County Economic Development Corporation (MCEDC) and the Federal Laboratory Consortium (FLC) have signed a Memorandum of Understanding (MOU) to formalize a strategic partnership to help build a stronger local relationship between federal labs and Montgomery County’s private sector, particularly small businesses.



COLUMBIA, Md. (April 20, 2021)—TEDCO, Maryland’s economic engine for technology companies, announced today its Seed Fund invested $200K in TargetDocs, a Maryland-based technology startup. TEDCO’s Seed investment is part of an $850K funding round, which includes University System of Maryland Momentum Fund (Momentum Fund), the Hustle Fund, New Age Capital, Debut Capital, Dingman Center Angels, and Gaingels.


GSK Logo

U.S.-listed shares of GlaxoSmithKline GSK, 0.12% were down 1.4% in trading on Thursday after the Food and Drug Administration said it had granted accelerated approval to the company's endometrial cancer treatment. The immunotherapy, which was called dostarlimab and is now named Jemperli, is approved to treat patients with severe forms of this kind of cancer who have a genetic feature known as dMMR.


Chinese diagnostics company expands business to Maryland amid pandemic Maryland Business News

Amid the international effects of the COVID-19 pandemic, Maccura Biotechnology, headquartered in the city of Chengdu in China’s Sichuan Province, is still able to keep up with changing demands. The Maryland Department of Commerce first met with the well-established, global diagnostics company in 2018 with the help of the Maryland Center China.


Gain Therapeutics logo

BETHESDA, Md., April 20, 2021 (GLOBE NEWSWIRE) — Gain Therapeutics, Inc. (NASDAQ: GANX) (“Gain”) today announced a multi-target collaboration agreement with Zentalis Pharmaceuticals (NASDAQ: ZNTL) to discover new product candidates for the treatment of cancer. Gain will use its proprietary SEE-Tx computational platform technology to identify new sites on target proteins for potential use in oncology. SEE-Tx applies a proprietary computational algorithm and supercomputer processing to the published 3D structure of proteins to discover new binding sites with the ability to modulate protein function. The intended output is newly-discovered targets or target protein interactions that can then be drugged for therapeutic benefit to intervene on protein misfolding.


United Therapeutics

RESEARCH TRIANGLE PARK — United Therapeutics has applied for a priority review voucher and submitted a new drug application to the United States Food and Drug Administration, the company announced this week.  The drug, Tyvaso DPI™, is a novel dry powder inhalation formulation of treprostinil, and, if approved, will be used to treat pulmonary arterial hypertension (PAH).

The company estimates there are about 30,000 treatable patients in the United States, according to a statement.



Each quarter we bring you an update from our Johnson & Johnson Innovation – JLABS Portfolio of companies across our 13 sites, from San Diego to Shanghai. Beyond news of our companies milestones, we also report on the diversity of our JLABS Portfolio leadership as we seek to reflect the patients we serve.

Meanwhile, we look ahead this spring and beyond to the first companies moving into our JLABS @ Washington, DC site, built in collaboration with Children's National Hospital and BARDA (Biomedical Advanced Research and Development Authority). You can always find our latest stats and companies via our JLABS Portfolio Navigator.

NexImmune Logo

GAITHERSBURG, Md., April 21, 2021 (GLOBE NEWSWIRE) -- NexImmune, Inc. (Nasdaq: NEXI), a clinical-stage biotechnology company developing a novel approach to immunotherapy designed to orchestrate a targeted immune response by directing the function of antigen-specific T cells, today announced that Chad Rubin has been appointed to the newly created position of Senior Vice President, Corporate Affairs. Mr. Rubin will be responsible for all corporate communications, along with involvement in investor and capital markets activities. He joins NexImmune with more than 20 years of experience in investor relations, investment banking and capital markets within the biotechnology sector.


Qiagen Logo

NEW YORK – Qiagen said on Tuesday that it has received a CE-IVD mark for its Artus SARS-CoV-2 Prep&Amp UM Kit for high-throughput PCR-based COVID-19 testing.

The kit is now commercially available in the EU and other markets accepting the CE-IVD mark, and Qiagen has submitted an Emergency Use Authorization application for the assay to the US Food and Drug Administration.


Https quantum umd edu startup

The Quantum Startup Foundry (QSF) at the University of Maryland brings together the resources needed—physical and virtual—to support entrepreneurs and startups in accelerating quantum technologies’ time to market. QSF will bring entrepreneurs together with industry and government customers, investors, technical mentors, leading-edge research and IP, and quantum-specific infrastructure (equipment, tools, facilities). Located in the Washington, DC metro area, QSF offers the perfect landing and launch spot for quantum companies.



A group of top lawmakers of both parties in both chambers of Congress on Wednesday reintroduced legislation that aims to spend $110 billion on vital technologies to sustain American leadership and spur competitiveness against China.

The draft bill, known as the Endless Frontier Act, championed by Senate Majority Leader Charles E. Schumer, D-N.Y., and Sen. Todd Young, R-Ind., is matched by a companion bill in the House by Reps. Ro Khanna, D-Calif., and Mike Gallagher, R-Wis.


As biotech demand surges Matan Cos plans new development in Montgomery County Washington Business Journal

The Matan Cos. will add biotech manufacturing and research space to one of its existing office campuses in Germantown to meet the surge in demand from local life sciences firms.

The new construction is slated for the Milestone Business Park, located just off Interstate 270 at the Father Hurley Boulevard exit, the Frederick-based developer told the Washington Business Journal. Matan plans to add three new buildings totaling 532,000 square feet, constructing them on some of the site’s ample parking lots and rebranding the campus as “Milestone Innovation Park.”

Image: Matan Cos. plans to add three new biotech-focused manufacturing and research buildings at its Milestone office park in Germantown. HIGH ROCK STUDIOS


AURP and BHI Report Centers on Critical Factors Cultivating BioHealth Communities of Innovation Nationally & Supported Growth of BioHealth Capital Region

Tucson, AZ; Rockville, MD; College Park, MD, April 21, 2021 – The Association of University Research Parks (AURP) and BioHealth Innovation (BHI) today announce publication of Creating Communities of Life Science Innovation in the U.S.: History of Critical Factors That Helped the BioHealth Capital Region Emerge in the Journal of Commercial Biotechnology, (Vol 26, No. 1, March 2021).

In this new article, AURP CEO Brian Darmody outlines the history of critical policy factors leading to the growth of the bio-economy in the U.S. BHI CEO and President Richard Bendis discusses specific leadership and other factors in the Capital Region of Washington, DC, Maryland, and Virginia. Policies and trends such as the Land Grant Act, Bayh-Dole Act, NIH's founding, growth of the venture financing industry, and the emergence of research parks and innovation districts and related factors also are discussed. National bio cluster rankings from JLL, CBRE, and GEN are included as well as overviews of Boston, New York, Philadelphia and DC/MD/VA life science regions from GEN.

Dr Joseph J.Kinyoun, NIH Founder

With its unique system of intramural and extramural research programs, funding for academic and corporate product development, along with its supporting foundations, the National Institutes of Health (NIH) has created a vibrant public “innovation ecosystem” that has changed not only the face of healthcare, but has also led to the creation of the biotech industry in the U.S. Whether your interest in the overall healthcare environment is scientific, medical, educational or commercial, there is something here for you.

Image: Dr Joseph J.Kinyoun, NIH Founder -