Emergent BioSolutions Inc. (NYSE:EBS) announced today that it has completed its acquisition of raxibacumab, a fully human monoclonal antibody approved by the U.S. Food and Drug Administration (FDA) for the treatment and prophylaxis of inhalational anthrax, from GSK (LSE:GSK) (NYSE:GSK). With the acquisition, Emergent also plans to assume responsibility for a multi-year contract with the Biomedical Advanced Research and Development Authority (BARDA), valued at up to approximately $130 million to supply the product to the U.S. Strategic National Stockpile (SNS) through November 2019. The completion of the acquisition follows the satisfaction or waiver by the parties, as applicable, of all closing conditions, including expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act), as amended.

Effective September 26, 2017, the Board of Directors (the "Board") of Sorrento Therapeutics, Inc. (Nasdaq: SRNE) appointed each of Dorman Followwill and David Lemus as an independent director of the Company.

The MIDC and ScienceAbroad, the organization of Israeli scientists abroad, jointly present a revealing program on the bio-tech entrepreneurial ecosystem of Israel and how it created “The Startup Nation,” featuring prominent Israeli scientific and entrepreneurial leaders.

Wednesday, Nov. 1st 5:30-7:30 p.m., Hosted by LifeBridge Health, Baltimore, MD

Thursday, Nov. 2nd 5:30-7:30 p.m., Suburban Hospital, Bethesda, MD

When: October 25, 2017 7:30 AM - 12 PM

Where: MITRE 7525 Colshire Drive McLean, VA 22102 United States

The Technology Showcase emphasizes the National Capital area's culture of technology innovation and leadership. The conference also highlights Washington's unique competitive advantage for commercial technology companies: access to policy-makers, government technology buyers, and national security services.

Health Canada has approved the probiotic Visbiome as a Natural Health Product for treating symptoms of irritable bowel syndrome in adults and children aged older than 5 years, the manufacturer announced.

Emergent BioSolutions Inc. (EBS) today announced that it has completed a new five-year, $200 million syndicated senior secured credit facility. This new facility replaces and represents an increase from the Company’s prior $100 million facility, which was scheduled to expire in December 2018. The new facility enhances the Company's financial flexibility, providing increased capacity to drive growth through strategic acquisitions along with working capital as needed.

This Funding Opportunity Announcement is a Broad Agency Announcement (BAA). It is continuously open for a 5-year period, from October 1, 2017 through September 30, 2022, 11:59 p.m. Eastern Time.

The USAMRMC mission is to provide solutions to medical problems of importance to the American Service member at home and abroad, as well as to the general public at large.

Next month, we will start a series of workshops for academic scientists. If you always wanted to learn Organ-on-a-Chip techniques, you can now do so, straight from the developers, in just two days. You'll return with two OrganoPlates®, to get you started in the comfort of your own lab.

Our colleague Karlijn Wilschut developed a method for high-content analysis of 3D neurons in the OrganoPlate®, in collaboration with Molecular Devices. This excellent application note is the result.

REGENXBIO Inc. (Nasdaq:RGNX) today announced that Dimension Therapeutics, Inc. (Nasdaq:DMTX) notified REGENXBIO that it has determined that it has received a “superior proposal” as defined in the merger agreement under which REGENXBIO would have acquired Dimension in an all-stock transaction for an implied value of approximately $3.41 per share based on the closing stock price of REGENXBIO stock on August 24, 2017.

CureSearch for Children’s Cancer announced the application launch for a $2 million to $5 million (USD) Catapult Impact Fund Award opportunity. The award will support the advancement of clinical research to improve outcomes for pediatric cancer patients.

Johns Hopkins Technology Ventures kicked off its inaugural cohort of healthcare startups last month with a focus on connected health and fitness. Called M-1 Ventures, a reference to first-year medical students, the accelerator represents a change of strategy for cultivating early stage companies. Although Johns Hopkins previously collaborated with Dreamit Ventures, it was interested in developing an accelerator on its own. To that end it formed regional alliances with the University of Maryland, Village Capital., and the family office of Baltimore-based Under Armour CEO and Chairman Kevin Plank — Plank Industries.

Sisu Global Health is entering product launch phase in a pair of African countries.

The company recently received regulatory clearance to sell its blood transfusion device in Kenya and Ghana, CEO Carolyn Yarina said.

Protenus, the health care industry's most robust, analytics-driven solution for detecting inappropriate activity in the electronic health record, is excited to announce that its Co-Founder and President, Robert Lord, has been selected as a New America Cybersecurity Policy Fellow for the 2017-2018 cohort. This fellowship brings together the world's top cybersecurity leaders from private industry, academia, journalism, the public sector, and the military to envision and build the future of cybersecurity.

Sucampo Pharmaceuticals, Inc. (Sucampo) (NASDAQ:SCMP), a global biopharmaceutical company, today announced that the U.S. Food and Drug Administration (FDA) has accepted for filing its recently submitted supplemental New Drug Application (sNDA) for lubiprostone (AMITIZA®) in children aged 6 to 17 years with pediatric functional constipation.  The filing has received Priority Review designation from the FDA.

Baltimore has the potential to be a city that is truly hospitable to small business growth, with all the economic benefits of jobs and tax revenue such growth would bring. But for new and established small businesses to thrive, the city needs a financing system with capacity to meet their needs.

Capital is certainly not the only ingredient necessary for successful business growth, but it is a critical input. If companies lack access to appropriate types of capital at critical stages of growth, they are likely to never take off and achieve scale, or even worse, to go out of business or leave Baltimore and relocate where financial support is more readily available, depriving the local economy of jobs and economic growth.

The Washington Business Journal's annual Innovation Awards honor 15 Greater Washington companies, agencies and teams working to keep the metro on the cutting edge in tech, health care, cybersecurity and more.

Health Canada has approved the probiotic Visbiome as a Natural Health Product for treating symptoms of irritable bowel syndrome in adults and children aged older than 5 years, the manufacturer announced.

From catching Pokémon in the real world to donning a virtual reality headset to see and feel what it was like to scale the Berlin Wall before its fall, advancements in immersive media have set the stage for the next digital revolution. The University of Maryland will lead this revolution with the launch of the Mixed/Augmented/Virtual Reality Innovation Center, called MAVRIC, which has been awarded a $500,000 grant from the U.S. Department of Commerce Economic Development Administration (EDA).

Radiology is facing rapid change on many fronts—technology is more complex than ever, more IT tools are being developed to support radiologists and new economic forces are changing the financial dynamics for those working in this important branch of medicine. Despite the challenges, Health Data Management has identified several leaders in the field who are finding ways to exploit new technology to improve the effectiveness and efficiency of the radiology department.

Building on a 30-year relationship with Children's National, Costco Wholesale has pledged $25 million to ensure that children in the Washington area will continue to have access to expert pediatric care. In recognition of their longstanding support, Children's National is naming the hospital's main atrium the Costco Wholesale Atrium.

Six companies presenting innovative medical device solutions that address significant unmet needs in pediatric health were awarded a total of $250,000 in grant money yesterday

The creators of six innovative pediatric devices received a total $250,000 in prize money at the fifth annual Pediatric Device Innovation Symposium, co-located this year at AdvaMed’s The MedTech Conference in San Jose, Calif.

The DOD SBIR 17.3 and STTR 17.C Broad Agency Announcement (BAA) topics are now OPEN for proposal submission! Begin by creating an account - you can then view topics, ask questions through the SITIS Q&A system, and start your proposal.

This BAA will officially CLOSE on October 25, at 8:00 PM E.T.!

Let me be clear: I believe strongly in the need for substantive, consumer-centric transformation of the health care system and have been a long-term proponent of the power of entrepreneurs to catalyze and drive these difficult changes.

Governor Terry McAuliffe announced twelve Virginia companies have been selected to participate in the Virginia Economic Gardening Pilot Program, and two are in Harrisonburg.

"Economic gardening" is encouraging growth in businesses that are already locally established, or second stage companies.

Advances in biotechnology and synthetic biology over the past decade have the potential to address important societal challenges in food, energy, and medicine. But these technological advances come with the potential for their deliberate or accidental misuse, warranting the development of approaches to help prevent the creation of biothreats.

Everyone knows that entrepreneurship is risky. In light of recent news about a possible sale or merger of 1776, I wonder if the greater Washington region is indeed remembering what everyone knows. 

The MdBio Foundation, a non-profit that provides STEM education and workforce development to underserved communities, is celebrating its 16th school year of delivering innovative, hands-on science, technology, engineering and math (STEM) education to students aboard mobile laboratories. During the 2017-18 school year, the foundation will debut its new Mobile eXploration Lab (MXLab), the largest mobile laboratory of its kind in the U.S., at high schools across the state of Maryland, and begin offering a new mobile program for middle schools in Washington, D.C., through a $1.36 million grant from the Verizon Foundation.

EAGB has moved to the Silo Point building in Locust Point! Please be sure to update your records with our new address.

1200 Steuart St, Suite C1B Baltimore, MD 21230

Our completely new site is up and running! Thank you for your patience as we rebooted.

CLICK HERE TO EXPLORE

WorkSource Montgomery has grown exponentially in its first year, and we are happy to have new staff, a new address to our corporate headquarters and the opportunity to serve our businesses and talent each day. To celebrate a year of accomplishments, let’s take a look back at where we started.

In a first for the Big Pharma and as part of a new model, Pfizer is taking drugs from its shelves and licensing them to, while investing in, its SpringWorks Therapeutics startup.

Roche immunotherapy Tecentriq has won European Union approval for treating advanced lung and bladder cancer, the Swiss drugmaker said.

The European Commission approved Tecentriq, also known as atezolizumab, as a monotherapy for locally advanced or metastatic non-small cell lung cancer (NSCLC) after patients have been treated with chemotherapy.

The market opportunity in health care is huge, and Apple sees health care and wellness as a core part of its app, services, and wearables strategies. Now the company is aiming to become your personal health record, jumping into research, medical devices, and more.

Startups and entrepreneurs involved with Johns Hopkins Technology Ventures secured hundreds of patents and invention disclosures, and brought in millions of dollars in funding in fiscal year 2017.

Please join the BioPark's Monthly Networking Event. Mingle with BioPark tenants, and UMB faculty and staff.

Host:  UM BioPark & Wexford Science + Technology

Location:  UM BioPark On the Patio (weather permitting) 801 W. Baltimore Street Baltimore  Maryland  21201

Time:  September 27, 2017, 5:00pm to 6:30pm