December
Nanotech, Single-Molecule Methods, Personalized Medicine Remain Top of Mind for VCs
Microbe World
Despite the recently soured economy, venture capitalists have remained relatively optimistic about investment opportunities in the life science research tools and molecular diagnostics sectors, according to industry insiders. Read More...
Investment Opportunities Abound in Life Science Tools Sector Despite Sour Economy
eBioNews
Despite the fact that US biotechnology venture investment is at its lowest point since 2002, the outlook for the life science research tools sector remains positive due to a marked increase in innovation at universities and research institutions, according to industry insiders. Read More...
$232 Billion personalized medicine market to grow 11 percent annually, says PricewaterhouseCoopers
Press Release
The market for personalized medicine in the United States is already $232 billion, and it is projected to grow 11 percent annually, according to a new report published today by PricewaterhouseCoopers LLP. Read More...
November
Governor Martin O'Malley Applauds Expansion of Maryland Biotech Company
FierceBiotech
Governor's online economic update focuses on Emergent BioSolutions expansion, foreclosure prevention. Read More....
October
Maryland opens Chinese incubator
Washington Business Journal
The University of Maryland and the Maryland Department of Business and Economic Development will open a new Maryland International Incubator on Friday. Read More...
Program Spurs 'Tweens to Consider Careers in Science
Washington Post
Montgomery County has hit on the formula for getting young people interested in science: Unleash 190 seventh-graders in a building full of robots, prosthetic limbs, microscopes, remote-controlled surgical arms and bacteria-filled flasks, and watch what happens. Read More...
Md. to get millions in NIH grants
The Baltimore Sun
The National Insitutes of Health grants, distributed in recent weeks to more than 12,000 projects around the country, are funded under the $787 billion federal stimulus program that Obama signed into law in February. In all, about $100 billion in stimulus money is to go to science and technology projects, according to the administration. Read More....
Maryland Stem Cell Commission seeks applications for funding
Washington Business Journal
The funding from the Maryland Stem Cell Research Fund is intended for development of clinical applications and for the treatment of human diseases and conditions. Read More...
Montgomery Council may give biotechs tax break
Washington Business Journal
Montgomery County Councilmember Mike Knapp wants to establish a local biotechnology tax credit and ease the approval process for life science firms looking to expand in or move to the county. Read More...
September
Southern Maryland's St. Mary's Hospital joins MedStar Health
Washington Business Journal
MedStar Health, one of the region’s biggest hospital networks, has absorbed its ninth hospital and its first in Southern Maryland. Read More...
Md. among states reaching $33M settlement with Pfizer Inc.
Baltimore Business Journal
Maryland will receive approximately $750,000 from a $33 million settlement reached by the attorneys general of 42 other states and the District of Columbia with Pfizer Inc. relating to the company’s alleged improper marketing of its Geodon antipsychotic drug. Read More...
Md. health officials push seasonal flu vaccines as line of H1N1 defense
Baltimore Business Journal
State health officials are urging businesses to get employees vaccinated for the seasonal flu so they can be better prepared to help prevent the more threatening H1N1 virus once the vaccines arrive in Maryland.
Read More...
Maryland tax revenue falls $348M below projections
Baltimore Business Journal
Maryland tax revenue came in 3 percent lower than expected and 5 percent below the previous year for the fiscal year that ended June 30.
Read More...
August
Maryland hospitals to share data on swine flu, other diseases
Baltimore Business Journal
The state is launching a new surveillance system to monitor the outbreak of H1N1 virus and other diseases, Gov. Martin O‘Malley unveiled
Monday. Read More...
Cardin, public, spar over health reform
Baltimore Business Journal
Maryland Democratic U.S. Sen. Benjamin Cardin answered tough questions about the impending Congressional health care overhaul and its effect on Maryland residents. Read More...
Maryland 46th in per-person stimulus spending
Baltimore Business Journal
Maryland ranks No. 46 for stimulus funds received per-person from the American Recovery and Reinvestment Act of 2009. Read More...
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July
Maryland Slashes Stem Cell Budget by Another $3M in Plan to Trim $700M Budget Deficit
GenomeWeb News
Maryland will cut its stem-cell budget for the fourth time in the past 15 months, as well as eliminate nine positions at its economic development agency, in the first phase of a cost-cutting plan approved Wednesday by Gov. Martin O'Malley.Read More...
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June
Executives camp out early for shot at Maryland biotech tax credits
Baltimore Business Journal
Executives from 10 biotech companies will call the city’s west side biopark their home for the next five days. Read More...
Maryland's biotech industry: Headed for boom or bust?
Baltimore Science News examiner
The biotechnology industry in Maryland seems to be booming. Biotechnology parks linked to major research universities have sprung up and are expanding on both sides of the city of Baltimore. Read More...
Sen. Cardin pledges to fight for biotech funding
Washington Business Journal
Small local biotechs feel stimulus bill "missed" to include them and urged congressional leaders to significantly hike the amount of federal funding for small business research grants. Read More...
Governor announces $3 million for nanobiotech research grants
DBED
Funds to support 12 cutting-edge research projects, advance discoveries in science and medicine at the atomic level. Read More...
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May
Governor O'Malley Leads Bio Delegation to Atlanta
Press Release
Governor unveils strategic plan to attract and grow life sciences jobs in Maryland. Read More...
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March
Business leaders uniting to advocate ‘Science City' vision
The Gazette
The Gaithersburg West master plan calls for an 800-acre live-work urban hub between Gaithersburg and Rockville. Business and biotech leaders are forging partnerships to harness the sky-high hopes unleashed by the county's blue print for catapulting the Shady Grove Life Sciences Center to the leading edge of scientific research. Read More...
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February
Maryland biotech execs push for tax breaks
Washington Business Journal
Biotechnology leaders are urging Maryland lawmakers to double the amount of state tax credits available to young biotech companies.
Read More...
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