Maryland Governor Larry Hogan visited United Therapeutics headquarters in Silver Spring on Thursday afternoon.

He was joined by Montgomery County Council President Nancy Floreen and Council member Tom Hucker.

QIAGEN N.V. today announced introduction of its unique RNA-seq Explorer Solution, a bioinformatics-driven approach to analysis and interpretation of "omics" data from liquid biopsy-based research. RNA-seq Explorer Solution is a new tool which integrates Ingenuity® Pathway Analysis™, Biomedical Genomics Workbench® and other QIAGEN bioinformatics solutions to generate clear insights for research into improved detection, diagnosis and treatment of cancer. The solution will be demonstrated at the American Association for Cancer Research (AACR) Annual Meeting in New Orleans.

Montgomery County Department of Economic Development has played an active role in the cultivation of new and innovative technologies developed in federal laboratories and academia, known as technology transfer.

Chris Vizas, Chairman of SmartSenseCom, Inc., wraps up DED's Tech Transfer Speakers Series The term “technology transfer” entered the public lexicon in 1986 through the Technology Transfer Act. This vehicle gave promise to millions of scientists and entrepreneurs who wanted to work with these innovative and sometimes disruptive technologies to commercialize them and bring them to the marketplace.

Cydan Development, Inc. raised $31 million in Series A funding from New Enterprise Associates, Pfizer Venture Investments, Lundbeckfond Ventures, Bay City Capital and Alexandria Venture Investments. Cydan raised the capital to launch Imara, Inc., which is developing treatment for sickle cell disease.

The Tom Tom Founders Festival held a Youth Summit at the Paramount Theater Thursday to support and highlight local student innovation.

The summit featured student-led presentations and several student entrepreneurial competitions. Wes Bellamy, vice-mayor of Charlottesville, gave the keynote address, and Virginia Gov. Terry McAuliffe signed a bill to protect the rights of student innovators.

Baltimore-area companies accounted for eight of the 10 biggest venture capital deals in the state during the first quarter of 2016.

Maryland companies raised a total of $109.8 million in 19 deals during the first quarter, up from $97 million invested in 14 deals the same quarter last year, according to a MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. The amount invested in Maryland is up 13 percent and the number of deals is up 36 percent, compared to the year-ago quarter.

Maryland legislators recently approved a $42.3 billion fiscal year 2017 spending bill that incorporates many of the funding levels included in Gov. Larry Hogan’s proposal. Gov. Hogan made education a main focus of his proposal, and the final bill would hold university tuition increases to no more than 2 percent. In addition, legislators formalized the growing strategic partnership between University of Maryland campuses in Baltimore and College Park. The unification is intended to bolster the state’s research profile, and drive high-tech industries in the Baltimore region.

Much has been made of China’s efforts to close the gap between western high technology sectors, and in the case of certain spaces, to actually bridge the gap and become a global leader.  In form, these efforts represent the potential – but not the inevitability – of similar outcomes in other high technology sectors.  One of the sectors that has received significant interest by the Chinese government are life sciences; however, as we found in a nearly two year survey of various Chinese officials, entrepreneurs and multinationals, the unique requirements to re-create the innovative ecosystem for the life science space remain immature in China.  While the potential for China to disrupt how and where life science innovation takes place globally, there are reasons to believe the country’s policies to develop domestic success stories may fall short of similar endeavors in other high technology segments such as clean-technology.

Epigenomics AG (Frankfurt Prime Standard: ECX, OTCQX: EPGNY), the German-American cancer molecular diagnostics company, today announced that the U.S. Food and Drug Administration (FDA) has approved the Company’s lead product, Epi proColon® , the first and only FDA-approved blood-based colorectal cancer screening test.

May 23-25, 2016 - Washington, DC

SBIR/STTR programs are the nation's largest source of early stage / high risk R&D funding for small business. At this conference you’ll learn how to participate and compete for funding in these two programs that encourage small businesses to engage in Federal Research/Research and Development (R/R&D) and to commercialize your technological innovations.

The fastest-growing sector in Greater Washington is business and financial services jobs, which grew by 39 percent between 2003 and 2014. And nearly 1 in 12 jobs in the region in 2014 was in information technology.

A cadre of venture investors speaking on a panel at this week’s INVEST conference in Chicago aren’t particularly concerned about the gyrations in the life sciences public markets. Venture capital remains fairly agnostic of the troughs and peaks of the stock market, and life sciences investment will likely continue on at a strong pace, they said – largely because of the quality of the science.

Cancer doctor Cassian Yee remembers how in 2010 he was called to Los Angeles to meet the Internet billionaire Sean Parker. Parker wanted Yee to help the Hollywood producer Laura Ziskin, then fighting breast cancer, with an immune-cell treatment never before used to treat that condition. “We’ll give you whatever you need, we’ll put you on an island to do it,” Parker told Yee. A few weeks later a very big check arrived by mail to buy some crucial equipment.

Angel investors are moving upstream. So where do they get their early-stage dealflow?

Dan Kincaid, a member of Queen City Angels in Cincinnati, said his organization is making-early stage bets by helping hatch companies through increased collaboration with local technology accelerators and tech transfer offices.

In a commentary published today by Bloomberg View, Johns Hopkins University President Ronald J. Daniels calls attention to increasing strain being placed on America's public research universities, a fact that Daniels says has left them less well positioned to fulfill their traditional missions.

A team of scientists unveiled a new tree of life on Monday, a diagram outlining the evolution of all living things. The researchers found that bacteria make up most of life’s branches. And they found that much of that diversity has been waiting in plain sight to be discovered, dwelling in river mud and meadow soils.

The way drugs are made is dangerously outdated. While many industries have gotten much more efficient at manufacturing, pharmaceutical companies rely on an old-fashioned approach that is slow, inflexible, and prone to breakdowns. A new refrigerator-sized apparatus that can take in a set of ingredients and quickly produce four common pharmaceuticals is the most advanced demonstration yet of a potential new strategy for drug making that is more flexible, efficient, and reliable.

The year 2015 has come and gone, and despite Back to the Future’s predictions, there are still no flying cars. However, University of Maryland researchers have been working to make the world a better place through new innovations focused on health, security, energy efficiency and other areas that address global challenges. 

These new inventions will be honored at a special Celebration of Innovation and Partnerships event on May 9 as part of the University of Maryland’s “30 Days of EnTERPreneurship.” Each year, UMD honors exceptional inventions that have the potential to make an important impact on science, society, and the free market. The Invention of the Year award nominees come from three categories: Physical Sciences, Life Sciences, and Information Sciences. One invention from each category is selected to win the Invention of the Year Award.

Two key supporters of Baltimore health startups are putting resources into a new accelerator.

The partnership between Johns Hopkins Tech Ventures and the Abell Foundation that earned support from Village Capital is set to develop a new health-focused startup accelerator in Baltimore.

Startup founders will have another tool for raising early stage capital starting next month. On May 16, the SEC is allowing companies to use crowdfunding to raise money.

The greater Washington region has an accelerator problem and we have to fix it if we want to grow the next generation of technology businesses.

A business accelerator is a term used to describe a broad range of business models that share characteristics: assisting a founder form a new businesses through mentorship, partnership connections, access to related expertise (for example, how to set up a limited liability company or a sales team) and access to investors.

A University of Maryland, College Park startup that makes high-nutrient coffee captured the top prize on Thursday night in Kevin Plank's annual Cupid's Cup entrepreneurship contest.

For poor Americans, the place they call home can be a matter of life or death.

The poor in some cities — big ones like New York and Los Angeles, and also quite a few smaller ones like Birmingham, Ala. — live nearly as long as their middle-class neighbors or have seen rising life expectancy in the 21st century. But in some other parts of the country, adults with the lowest incomes die on average as young as people in much poorer nations like Rwanda, and their life spans are getting shorter.

Nearly 40% of men and women will be diagnosed with cancer in their lifetimes, with about 1.7 million of those cases expected in 2016 in the United States (according to the National Cancer Institute). These patients are hoping for better treatments and, hopefully someday, cures. They could also be valuable resources, helping experts develop better therapies, if only staff at research centers like Dana-Farber Cancer Institute in Boston could study their unique cases. Even patients with the same diagnosis, such as breast cancer, have different genetic makeups, both in their healthy cells and in their tumors. These differences provide clues to new genetic factors that may cause the disease, why some patients respond especially well to certain treatments, why some tumors are so resistant to treatment, and how people of different ages or ethnicities are affected.

More and more, pharma companies are making real bets in digital health, and reorganizing their businesses to put some power behind those efforts. The space is, in some ways, quieter than it was this time last year, but there’s reason to believe that quiet is a calm before a storm of activity, driven more by pharma’s tendency to keep early-stage projects close to the chest than by a lack of activity. The executives we spoke to for this report talked about initiatives with real potential for broad commercialization.

MEDICAL technology company BD Diagnostics is sponsoring the Manufacturing Business of the Year Award 2016 – for the third year running.

The Roborough-based firm was named Plymouth's top manufacturer at the 2013 Herald Business Awards and has since then supported the category.

By now, we all know the varied challenges created by the Affordable Care Act (ACA) — device tax introduction, reimbursement contraction, provider and payer consolidation,  and pricing compression, just to name a few. But several years ago, the ACA’s potential impact was only speculation. We were looking into our educated crystal balls, but we didn’t have the data to see what trends would develop, or what those trends could lead to in the coming decade. Now, part of that picture is starting to take shape.

PathSensors, Inc., a leading biotechnology and environmental testing company, has relocated to the Columbus Center in Baltimore’s Inner Harbor. The company now occupies over 4,000 square feet of laboratory, office, and manufacturing space. The new facilities represent a space increase of more than double over the University of Maryland BioPark, where the company was previously located.

Montgomery County Department of Economic Development and Maryland Technology Development Corporation are collaborating to assist Montgomery County life sciences companies to make progress toward commercialization.

With this collaboration, Montgomery County companies selected for TEDCO’s Life Sciences Investment Fund will become automatically eligible to receive a financial supplement of $25,000 from DED’s Life Sciences IMPACT Grant Program.

Ted Leonsis, himself a notable entrepreneurial output of Georgetown University, and his family have pledged $1 million toward a new “Leonsis Family Entrepreneurship Prize.” The fund will provide financial support to Georgetown students looking to start business ventures “that address problems in the world.”

The United States ranks 1st in how its domestic policies support worldwide life sciences innovation, according to an analysis released today by the Information Technology and Innovation Foundation (ITIF), a global technology policy think tank. Released on World Health Day, the findings come in a new report assessing 56 countries—which together comprise close to 90 percent of the world’s economy—on the extent to which their scientific research, drug pricing, and intellectual property policies contribute to global biopharmaceutical innovation.

U.S. R&D investment currently accounts for 2.7% of GDP, according to the newest R&D Funding Report put out by AAAS. While the United States still invests the most dollars into R&D globally, there has been a huge uptick in investments among Asian countries. China aims to invest 2.5% of its GDP in R&D by 2020 and is also expected to catch the U.S. in real dollars invested in R&D by 2020 as well.

The United States ranks 1st in how its domestic policies support worldwide life sciences innovation, according to an analysis released today by the Information Technology and Innovation Foundation (ITIF), a global technology policy think tank. Released on World Health Day, the findings come in a new report assessing 56 countries—which together comprise close to 90 percent of the world’s economy—on the extent to which their scientific research, drug pricing, and intellectual property policies contribute to global biopharmaceutical innovation.

Eight seed accelerators -- 500 Startups, Alchemist, Amplify LA, Angelpad, Chicago New Venture Challenge, MuckerLab, Techstars and Y Combinator -- landed the coveted top spots in the 2016 annual Seed Accelerator Rankings announced today at South by Southwest (SXSW) by entrepreneurship and management experts from Rice University, MIT and the University of Richmond.

Group urges state support of next phase of pharmaceutical industry’s focus and growth

More often than not, when talk in New Jersey turns to the pharmaceutical industry tones turn serious and the discussion centers around whether pharma will continue to support the state’s economy in the way it has for more than a century.