Biohealth Innovation
Pappas Capital, a life science venture capital firm, announced today that its new fund, Pappas Ventures V, recently invested in OrphoMed, a clinical stage company that is developing best-in-class therapies for treatment of inadequately-controlled gastrointestinal disorders. The investment in OrphoMed is the first investment by the new Pappas Ventures fund.
Check-out our dynamic line-up of speakers and their panels:
RISE OF MEDICAL CENTERS AS "INNOVATION DISTRICTS"
Panelists will discuss the new real estate drivers around the medical campus planning and the physical design and programs that will change the way healthcare research and practice are delivered. Panel speakers include:
Event is for Post-Docs & Professional Scientists currently working in the Therapeutic Areas of:
Event will include music, lawn games, hors d'oeuvres, drinks.
MedImmune fully supports and abides by the PhRMA Code on Interactions with Healthcare Professionals. MedImmune cannot accommodate or pay for the cost of a spouse or other guest of a healthcare professional. As such, this event is open to invitees only. If you are a prescriber and/or a Federal, State, or Institution employee, you may be subject to laws, regulations, or rules which prohibit, limit, or require the public disclosure of gifts, meals, or items of value you may receive. We ask that you comply with any such laws, regulations, or rules that govern your receipt of gifts, meals, or items of value. Please bring your State License Number (SLN) and National Provider Identifier (NPI) to the event. These will be used for reporting purposes where required by state and federal law (OPEN Payments). You may look up your NPI and SLN at http://www.npinumberlookup.org/.
TP Therapeutics, Inc., a clinical-stage biopharmaceutical company focusing on addressing oncology drug resistance, announced today that the company raised $45 million in a Series C financing round. The round was co-led by Lilly Asia Ventures (LAV), OrbiMed Advisors, LLC, and S.R. One, Limited, and joined by existing investors Cormorant Asset Management and SV Tech Ventures. In conjunction with the financing, Carl L. Gordon, Ph.D., CFA, General Partner at OrbiMed, Hongbo Lu, Ph.D., Partner at LAV, and Simeon J. George, M.D., Partner at S.R. One, joined the company's Board of Directors.
Writing on trends, I frequently profile tech companies that use trends to outperform competitors. But using trends is not restricted to tech companies.
By following trends, since 1998 Alexandria Real Estate Equities has tripled the performance of the NASDAQ, quadrupled returns of the S&P 500, and quintupled the Russell 2000. Alexandria has even outperformed technology stalwart Microsoft, and investment guru Berkshire Hathaway by 230%.
Inova Health System and University of Virginia are kicking off their new partnership with $450,000 in seed money to fund nine joint research projects geared toward better predicting, preventing and treating disease.
Now is the time to make certain your company and investors are prepared to apply for the Maryland Biotechnology Investor Incentive Tax Credit (BIITC) program. Investors can receive income tax credits equal to 50%* of eligible investments in Qualified Maryland Biotechnology Companies (QMBC). $12M in funding is available for these credits during the FY18 fiscal year.
Baltimore biotech firm, PathSensors, announced that its CEO, Ted Olsen, joined with other leaders of the Maryland Biohealth community in developing and issuing recommendations to grow Maryland's biohealth industry and position the state as a globally recognized Top 3 U.S. BioHealth Innovation Hub by 2023.
RM Global has created a VC fund dedicated to the FutuRx biotech incubator Johnson & Johnson set up with OrbiMed and Takeda. The life science investment banking firm has secured preferential access to FutuRx, positioning it to get in on the ground floor alongside the companies that founded the incubator.
Silver Spring drugmaker United Therapeutics Corp. extended an exclusive license with drug giant Eli Lilly & Co. to cover its pulmonary hypertension drug Adcirca, which will lose part of its patent protection later this year.
More people are starting businesses out of opportunity than out of necessity; the percentage of immigrant entrepreneurs is at a two-decade high. However, new businesses are creating fewer jobs than they did a generation ago.
Johns Hopkins University President Ronald J. Daniels will co-chair the steering committee for a new statewide economic development strategy initiative focused on accelerating growth in the life sciences and cybersecurity industries in Maryland, Gov. Larry Hogan announced today.
Maryland’s governor is putting new economic development energy into creating life sciences and cybersecurity startups.
To kick off the Governor’s Business Summit in Baltimore this morning, Gov. Larry Hogan provided some details on Excel Maryland. It’s a new initiative that’s seeking to bring together government, university and the tech community to develop a new strategy to grow startups.
The complex life cycle of a biotechnology product, pharmaceutical or medical device demands a broad range of legal expertise across many practice specialties. From intellectual property protection to corporate and regulatory advice, the leading law firms in the life sciences space combine sophisticated legal counsel with deep scientific knowledge.
Partners HealthCare's fund to advance innovations made at its hospitals has closed on the last $24.5 million of its most recent funding round.
Pharmaceutical giant Bayer has opened applications for its Grant4Apps programme. Geared to connect health start-ups with industry experts and help the best talents to thrive within the digital healthcare universe, the programme will offer start-ups an opportunity to become part of an economically inclusive market where innovation is not only encouraged but appreciated as a catalyst for expanding both economic and social growth, says Bayer.
We recently joined leaders from across the biomedical ecosystem at the White House to discuss how to best support biomedical innovation that improves human health and creates jobs and opportunity for economic growth. We discussed the unique role of National Institutes of Health-funded academic research in understanding the biology of human disease, and the irreplaceable role of the biotech industry in translating these basic science discoveries into breakthrough therapies for serious human diseases.
Biogen (NASDAQ: BIIB) announced today that it has completed an asset purchase of Remedy Pharmaceuticals’ Phase 3 candidate, CIRARA™ (intravenous glyburide). The target indication for CIRARA is large hemispheric infarction (LHI), a severe form of ischemic stroke where brain swelling (cerebral edema) often leads to a disproportionately large share of stroke-related morbidity and mortality. The U.S. Food and Drug Administration (FDA) recently granted CIRARA Orphan Drug Designation for severe cerebral edema in patients with acute ischemic stroke. The FDA has also granted CIRARA Fast Track designation.
Montgomery College is hosting a STEM Student Research Conference on its Germantown campus on Thursday, May 17, 2017, from 3:00-7:00 pm. The complete schedule is attached here, but I wanted to make you aware of the opportunity to hear Dr. Rebecca Goldin, our keynote speaker. Dr. Rebecca Goldin is a professor of mathematics at George Mason University and the Director of STATS, a program of Sense About Science USA aiming to support journalists' quantitative and statistical understanding. Her one-hour presentation, which will be about the (mis)use of statistics in the media, begins at 3:00 pm, is free, and is open to the public. Please plan on joining us if your schedule will allow. – Margaret Latimer, VPP Germantown Campus, Collegwide STEM Unit
Conference Schedule:
Keynote Address 3 to 4 p.m., BE 151
Student Research Presentations ~ 4:15 to 5:15 p.m., BE Conference Center
Dinner, Awards Ceremony, and Panel Discussion ~ 5:30 p.m. to 7 p.m. RSVP required for dinner only: This email address is being protected from spambots. You need JavaScript enabled to view it.
Keynote Address Statistics in the Media: Should You Believe Them? News accounts of science and scientific ideas are filled with numbers and implicit advice. They also tell a story. Do violent video games lead to violence? Does being overweight put one at risk for dementia? Can brain scans read our minds? Does chocolate make us smarter?
Smithers Avanza, a contract research organization supporting the pharmaceutical industry, announced that its Bioanalytical Services Division has completed the second expansion of its bioanalytical laboratory in the last two years. The expansion doubles the size of the Gaithersburg, Maryland lab, which now offers 15,000 square feet of space, and continues the trend of growth in support of client demand for services. Smithers Avanza plans to celebrate the completed expansion with clients, employees and community friends with an Open House.
The Maryland Stem Cell Research Commission (Commission) approved funding for 29 awards for a total of $8,533,987. These awards will be distributed between 6 different research institutes and 6 companies and will address over 20 different diseases and conditions. “The high level of work that our stem cell researchers and companies are performing is a testament to Maryland’s status as a national leader in the life sciences industry,” said Governor Larry Hogan. “Our administration’s commitment to this and other lifesaving therapies is in line with the Commission’s work to accelerate the path to develop cures for all.”
Immunomic Therapeutics negotiated an exclusive license to Annias Immunotherapeutics’ platform covering technology for targeting cytomegalovirus (CMV) antigens in cancer. The CMV immunotherapy platform was developed by John H. Sampson, M.D., Ph.D., and Duane A. Mitchell, M.D., Ph.D., at Duke University and licensed to Annias. Immunomic will combine the CMV platform with its own nucleic acid-based immunotherapy LAMP-Vax™ technology as a potential treatment for cancers that express CMV, including glioblastoma multiforme (GBM). Financial details of the licensing agreement were not disclosed
US venture capital fund of funds Greenspring has hit $595m for its latest flagship fundraise, AltAssets can reveal.
The firm has registered the amount for Greenspring Global Partners VIII across a string of affiliated vehicles according to filings made with the US securities regulator.
The Healthcare Businesswomen’s Association (HBA) announced that its 2017 Woman of the Year is Bahija Jallal, PhD, executive vice president, AstraZeneca, and head of MedImmune. MedImmune is the global biologics research and development arm of AstraZeneca.
Yes, we're still going to have networking with a few drinks and snacks as usual!
Join us on May 18th in the back lot at Johns Hopkins Montgomery County campus to explore local biotech careers w/ Employers who have open jobs, and two great workforce training organizations that can help you advance your career - Worksource Montgomery & BioTrain. As an added bonus you get to explore the brand new Mobile Exploration Lab (MXLab).
Even if you're happy with your current position and aren't looking for something new. Spend some time with your peers and friends to network along with seeing what these organizations have to offer.
Come by for the whole event or just a part of it. We're looking forward to seeing you there!
The Inova Health System and the University of Virginia announced today that they have awarded $450,000 to nine UVA-Inova joint research teams for projects focused on how to better predict, prevent and treat disease. In the fall of 2016, Inova and UVA announced a comprehensive research and education partnership to accelerate joint discovery and the application of translational medical research. The seed grant awards mark the first of many joint research collaborations. UVA’s Translational Health Research Institute of Virginia, which facilitates translational health research across UVA, and Inova’s Translational Medicine Institute, are helping support these research projects.
Five proposals submitted this spring to Johns Hopkins' Idea Lab crowdsourcing website will receive funding by virtue of garnering the most support in online voting.
Funding will be awarded to a health care innovation conference that expands upon the popular MedHacks event, a science-themed summer camp for Baltimore fifth-graders, and a place for students to get free food left over from events, among other creative concepts.
The Big Idea CONNECTpreneur Summer Forum Tysons Corner - June 13, 2017
"The Best Networking Event in the MidAtlantic."
This will be our 24th consecutive SOLD OUT event over the last 6 years!
Over 70% of previous attendees surveyed say that CONNECTpreneur is the "Number One" tech and investor event in the Mid-Atlantic region!
DCInno calls CONNECTpreneur "The Best Networking Event in DC" and a "NETWORKING JACKPOT" of the Region's TOP Entrepreneurs, Business Leaders, CXOs, Angels, and VCs.
This UNIQUE EVENT is like NONE OTHER in our region, because of the high quality of our attendees, speakers and presenters.
And YES, the networking is unprecedented!
Altimmune, Inc. (Nasdaq:ALT), a clinical stage immunotherapeutic biotechnology company, will visit the Nasdaq MarketSite in Times Square.
In honor of the occasion, Bill Enright, Chief Executive Officer, will ring the Opening Bell.
Altimmune, Inc. (Nasdaq:ALT) announced today the completion of its merger with PharmAthene, Inc., effective May 4, 2017. Upon the completion of the merger, the combined company was renamed Altimmune, Inc., and will commence trading on The NASDAQ Capital Market under the ticker symbol “ALT” on May 5, 2017. The combined company is a fully integrated and diversified immunotherapeutics company with one preclinical-stage and four clinical-stage drug-development programs.
What's the definition of "doing the same thing repeatedly and expecting a different result?" If you said "a good idea," you might want to consider a career in politics.
Many in Congress want to impose price controls on medicines that result from federally funded research. We've tried this before, and it nearly brought medical research and development to a halt.
The Greater Washington Partnership (Partnership), a group of leading CEOs and entrepreneurs aimed at addressing the critical economic issues facing the Greater Washington region, announced today the addition of four board members to its 17-person founding Board of Directors, bringing the total to 21. Joining the Partnership board will be:
Emergent BioSolutions Inc. (NYSE:EBS) today held a ribbon-cutting ceremony led by Dr. Rick Bright, director of the Biomedical Advanced Research and Development Authority (BARDA), and Daniel J. Abdun-Nabi, Emergent’s president and chief executive officer, to mark the formal opening of the company’s newly expanded Center for Innovation in Advanced Development and Manufacturing (CIADM) at its Bayview Campus in Baltimore. The facility is one of three centers designated by the U.S. Department of Health and Human Services to provide advanced development and manufacturing of medical countermeasures to support the U.S. government’s national security and public health emergency needs.
During the 2017 FLC national meeting in San Antonio, Texas, the FLC held its annual elections for open positions to serve on the Executive Board and as regional officers. While absentee ballots were available from March 24 – April 18, onsite voting took place April 25 – 26 and was open to Consortium Representatives whose memberships are registered with the Consortium Recording Secretary.
Business leaders hope to elevate Greater Washington to top three biotech clusters in U.S. Yeah, good luck.