September
Knapp plans company to support biotech in the county
Germantown Patch
Retiring councilmember Mike Knapp (D-Germantown) said he is working on plans for a company that would connect members of the growing biotechnology industry in Montgomery County. The company, or groups of companies, would serve as liaison between different sectors of the biotech industry. Read More...
August
Can cancer patients benefit from new drug trials?
Reuters.com
Patients with advanced head and neck cancer survived just as well on experimental drugs as they did on FDA-approved standard therapies in a new study. Read More...
Women in BIO Launches Annual Scholarship Program
Press Release
Women In Bio (WIB) announced it has launched a scholarship fund to support the educational development of women working and pursuing careers in the life sciences industry. Read More
Meet CoverGirl's Youngest Chemist - Shira Rubin!
TeenVogue
Calling all science lovers! Procter & Gamble and its program Wings (Women's Initiative Next Generation) are helping to introduce young beauty lovers and product junkies to a myriad of awesome jobs in the science/cosmetics industry. Read More
July
Transforming medicine in the genome age
BBC News
It took 2,000 of the world's scientists more than 10 years and $2.7bn to read the first human genome. Today the same job takes one lab three weeks and less than $10,000. Read More...
June
Maryland's biotechs helping to spur new jobs
Baltimore Business Journal
The biotech industry in Maryland is booming, but state leaders say there’s still plenty of room for growth. Gov. Martin O’Malley announced Tuesday that 10 percent of the new jobs in Maryland created in the last three months were in the biotech industry. Read More...
Mike Knapp to leave Montgomery County Council
Washington Business Journal
Montgomery County Councilman Mike Knapp, a leading voice in the county’s ambitious effort to expand its biotech industry, announced Tuesday he would not seek a third term on the nine-member panel. Read More...
Executives warm to O'Malley's venture capital initiative
Gazette.net
Business executives reacted positively to a new proposed private-public partnership designed to boost venture capital investment in Maryland, though some are expressing more caution. "It could be helpful," said David Mott, former CEO of MedImmune of Gaithersburg and general partner of venture capital firm New Enterprise Associates, which has offices in Chevy Chase and Timonium. Read More...
O'Malley proposes $100M venture capital plan
Washington Business Journal
Maryland Gov. Martin O’Malley wants to put $100 million in venture capital into state startup companies. O’Malley announced a plan Tuesday to draw the money from auctioned tax breaks for insurance companies. Read More...
May
State Streamlines Application Process for Biotech Tax Credit Program
News Release
Working in collaboration with the biotechnology industry for a more efficient and streamlined process, the Maryland Department of Business and Economic Development (DBED) announced today that applications for the Maryland Biotechnology Investment Incentive Tax Credit will be accepted electronically this year on a first-come, first-served basis. Read More...
Md. takes biotech tax credit process online
Washington Business Journal
Biotechnology investors will no longer have to camp out to get in line for one of the state’s coveted biotech investment tax credits — at least, not outside. The waiting will instead move to office computers and desks. The Maryland Department of Business and Economic Development has moved the first-come, first-served application process online this year. Read More...
2010 BIO International Convention Closes in Chicago with Record Number of Partnering Meetings
Earth Times
The 2010 BIO International Convention, the global event for biotechnology, wrapped up today at McCormick Place in Chicago, IL. hosting a record-number of partnering meetings and highlighting a broad array of top-level speakers addressing critical global challenges and the top issues in biotech. Hosted by the Biotechnology Industry Organization (BIO), the event drew 15,322 industry leaders from 49 states and 65 countries. Read More...
Bio bounces back from downturn
Gazette.net
The future of Maryland's bioscience industry is bright, officials say, as Montgomery County gave the green light this week to the massive "Science City" project, while bioparks in Baltimore and elsewhere continue to fill with growing ventures. Read More...
O'Malley named 'BIO Governor of the Year'
Baltimore Sun
Gov. Martin O'Malley is in Chicago today to receive an award from a Biotechnology Industry Organization (BIO) for his work in promoting the emerging industry in Maryland. The group noted the governor's biotech tax credits in choosing him. Read More...
J. Craig Venter Institute sells Rockville headquarters
Washington Business Journal
The J. Craig Venter Institute has sold its five-building campus in Rockville to BioMed Realty Trust Inc., a San Diego player that’s been ramping up its real estate holdings along Interstate 270. Read More...
Montgomery County greenlights 'Science City'
Washington Business Journal
The Montgomery County Council unanimously approved on Tuesday a scaled-down master plan for its next "Science City" in an attempt to make its life sciences sector a stronger player in the national arena, while appeasing nearby residents worried that the development would stain their quality of life.
Read More...
The Land of Biotech Opportunity
Bmore Media
Maryland is a growing presence in the biotechnology industry, attracting everyone from researchers who simply have an idea they believe in to Fortune 500 companies. Drawing these entrepreneurs to Maryland are a variety of factors including proximity to federally-funded labs, its system of 25 incubators, the Maryland Biotechnology Center and the Gov. Martin O'Malley's BIO2020 initiative. Read More...
In Montgomery County, plans for bioscience development nears approval
Washington Post
Plans for a "science city" in Montgomery County are expected to win approval Tuesday from the County Council, a move that officials hope will lead to the creation of a $10 billion, 17.5 million-square-foot center for research and development. Read More...
April
VC investments down 9%
Washington Business Journal
Both quarterly investment and the number of deals that venture capitalists invested in during the first quarter fell over questions about the strength of the current economy and continued market uncertainty. Read More...
Emory Mission 2010 Block Interview
Israeli Interview
Dr. David Block, CEO of Gliknik - a Baltimore based biotechnology company was one of the first visitors to arrive in Israel following passage of the new legislation. Read More...
Governor Martin O'Malley Kicks Off "Jobs Across Maryland" Tour
Office of the Governor
Fulfilling his commitment to stimulate job creation and help put unemployed Marylanders back to work, Governor Martin O’Malley today kicked off his “Jobs Across Maryland” tour, and visited with students in the Biomedical Technology magnet program at Randallstown High School, and later visited Amethyst Technologies, a biotechnology company that is currently hiring up to 20 new employees this year. Read More...
Richard A. Zakour: Biotech research can fuel economic recovery
Gazette.net
In March, a national Realtor specializing in biotechnology purchased new real estate in Maryland, paying more than $14 million for two new buildings in Gaithersburg. The spaces will be leased out to MedImmune and GenVec, two local biopharmaceutical firms. The fact that such a huge expansion of biotechnology operations is happening in the middle of a recession serves as a reminder of the role this sector plays in Maryland's economic recovery.
Read More...
2010 President of the Healthcare Business Women's Association
News Release
Susan Torrella, COO, MEDEX Global Solutions, named 2010 President of the HBA. Read More...
Maryland wins $9.3M in stimulus funds for e-health records
Washington Business Journal
The Maryland Health Care Commission will receive $9.3 million in federal stimulus money to build an exchange for electronic health records. The money will go toward an ongoing project to develop the system. Read More...
Montgomery officials count on biotech efforts to pay off
WashingtonExaminer.com
Montgomery County officials have high hopes that pouring money into biotechnology startups and forging a stronger partnership with Johns Hopkins University will have a big payoff. Read More...
BioMed Realty Trust buys Gaithersburg lab buildings
Washington Business Journal
BioMed Realty Trust Inc. has snapped up two more life sciences buildings in Gaithersburg, bringing the San Diego real estate investment trust’s holdings in Maryland to 1.2 million square feet. Read More...
February
January
Gov. Martin O'Malley's $12.7B budget includes $1B in cuts
Washington Business Journal
Maryland Gov. Martin O’Malley unveiled highlights of a $12.7 billion budget for fiscal 2011 Tuesday that will include $1 billion in cuts. Read More...
Four local companies receive Maryland funds
Washington Business Journal
Four local life sciences and green energy startups won money from a Maryland early-stage investment group totaling $300,000. Read More...