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BioHealth and Life Sciences Update - 3/3/16
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TOP STORY: WellDoc Announces J&J Collaboration & Investment
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Baltimore's WellDoc announces a collaboration with LifeScan, Inc.--a business within Johnson & Johnson's Diabetes Care Companies--to deliver a best-in-class digital health solution for Type 2 diabetes patients, and an investment from Johnson & Johnson Innovation (JJDC) as part of WellDoc's $29.5M series B financing.
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BioHealth and Life Sciences News
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Baltimore's Alba Therapeutics announces the license of all of its assets relating to larazotide acetate, progressing toward Phase 3 clinical trials for the treatment of celiac disease, to Innovate Biopharmaceuticals in a deal which includes up front and milestone payments.
Rockville's REGENXBIO expands from 5 to 60 employees and from 11,000 sq. ft. to 50,000 sq. ft. following $230M financing in 2015 based on strength of its gene therapy licenses.
Rockville's Synthetic Biologics announces further U.S. patent successes covering SYN-004 intended for the prevention of C. difficile infection and antibiotic-associated diarrhea.
Baltimore's Gemstone Biotherapeutics, a regenerative medicine company, has exclusively licensed new advanced wound-healing technology from Johns Hopkins University.
Baltimore's Fusiform a start up run by Johns Hopkins students which is focused on building better orthotics is selected for Accelerate Baltimore and received $25,000 in seed capital.
Columbia will be the location of MedStar Health's new 77,000 sq. ft. headquarters location, bringing 72 jobs from other offices in the region to Howard County to join 150 employees already there. MedStar Health employs 1,266 personnel in Maryland.
Gaithersburg's MedImmune and Johns Hopkins University announce a first-of-its kind Ph.D. training program in the U.S. to train Ph.D. students for careers in biopharma.
TEDCO announces a Life Science Investment Fund focused on supporting Md. firms developing products that address human health concerns and require FDA approval.
Sign up by March 15th to join BioHealth Innovation, the City of Frederick, Frederick County, JP Matan, MaxCyte, MdBio, Novavax, the Pinkney Innov. Complex for Sci. & Tech. at Montgomery College, Pii, REDI, the Technology Council of Maryland, and the University of MD Baltimore as exhibitors in the Maryland pavilion at BIO2016, June 6-9, in San Francisco. Contact the MD Department of Commerce for more information.
Is your firm in Maryland's BioHealth Directory? If you are a biotech or health IT company, please contact MD Department of Commerce by April 5th to make certain your included.
The MD Dept. of Commerce has market research resources--Frost and Sullivan, Recap, Medtrack and BioMedTracker--available to Maryland-based biohealth entrepreneurs at its offices in Baltimore and Rockville. Please schedule appointments in advance.
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Upcoming Deadlines and Events
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HHMI (Chevy Chase)
To view more job opportunities,
Montgomery County EDC (Rockville) please check at the
bottom of the MD COMMERCE
Personal Genome Diagnostics (Baltimore) BioHealth and Life Sciences website. |
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Medifocus President and CEO Dr. Augustine Y. Cheung, PhD discusses his firm's FDA approved Prolieve System for treatment of BPH. |
The Maryland Department of Commerce focuses on attracting, retaining, and expanding businesses and creating jobs in Maryland, and also markets Maryland's many assets to companies across the nation and abroad.
The Department's Office of BioHealth and Life Sciences supports innovative start-ups and companies focused on animal and human health, health IT, research tools, and related technologies. These include those involving agricultural and marine bio, biodefense, therapeutics, vaccines, diagnostics, medical devices, biologics, nutraceuticals, personalized and regenerative medicine, digital health, mHealth, telemedicine, EHR, bioinformatics, data center services, patient engagement, and wellness.
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