The company also announced a separate, $45 million licensing agreement with Huadong Medicine to develop and commercialize treatments to sell in China and parts of Southeast Asia.
The company, which creates platforms to help people navigate ecosystems, plans to hire new employees and increase brand marketing. All new employees will either live or relocate to Baltimore, according to founder Pava LaPere.
The company showcased is surgical robots at its Pigtown offices. Baltimore Mayor Brandon Scott also delivered remarks.
The digital health company hired a chief operating officer and vice president of marketing and communications while also promoting a chief product officer and senior vice president of business development and client success.
Kristen Valdes was No. 5 on the list compiled by The Healthcare Technology Report, which writes that Valdes “leveraged her extensive experience in leadership and health to build b.well into a transformative player in the healthcare landscape.”
The company’s lead clinical-stage program, GLY-200 is a treatment for Type 2 diabetes. Glyscend also named Mark Fineman as its chief development officer.
The medical device startup raised approximately $1 million in the last yea ran and is looking to hire a sales team in India to grow its business in Southeast Asia.
The 3D printing company plans to use the money to increase its lab capacity and hire more employees. It graduated from the Y Combinator accelerator earlier this year.
“I’ve always been the type of person like how can I help? How can I make a situation better than when I got there?” said Nikki Stokes, founder of the startup and member of the 2021-22 Social Innovation Lab cohort.
The student startup won second place and “Best Elevator Pitch” at the University of Oregon’s Charles H. Lundquist College of Business New Venture Championship.
“From inviting me to one of the first Equitech Tuesdays to hosting empowerment events for overlooked builders, Kory [Bailey of UpSurge Baltimore] showed me that business isn’t just numbers; it’s building solid relationships and building off your character,” Michael Ogunsanya told Technical.ly.
The digital health company, co-founded by Johns Hopkins University students, has raised a total of $72 million.
BioBuzz cited the four Baltimore-based startups for their cancer-screening innovations, noting the cancer diagnostics market is “expected to grow to $257 billion by 2030, more than double the $124.9 billion valuation in 2021.”
JHTV’s executive director tells Technical.ly that she “hopes to see more planful and concerted state action, however, with ‘the legislature and the governor coming together and coming up with a plan that is as good as what Massachusetts did.'”
“The fact that several faculty members are now Amazon Scholars — working part-time at the company — ‘created an even more clear opportunity, because they know what happens on the inside and have deeper relationships with the decision makers. So, it all started to crystallize,'” Zonies told University-Industry Engagement Advisor
The organization, supported by Johns Hopkins University & Medicine, aims to support local startups and make Baltimore the nation’s first “equitech” city. It issued an annual report and CEO Jamie McDonald told Technical.ly the city now has “a critical mass of really investible early-stage companies.”
CBRE’s inaugural report identifying and analyzing the top 25 domestic markets for life sciences talent puts the region behind Boston/Cambridge and ahead of the San Francisco Bay Area..
Elisseeff, who specializes in the field of regenerative medicine, is director of the Translational Tissue Engineering Center.
VanderZyl talked with Osage University Partners about how JHTV’s program works, managing conflicts of interest and the need for diversity in mentors.
Chao Wang, an associate professor in the Department of Chemical and Biomolecular Engineering, will be presenting two of his technologies June 21 during the Maryland Energy Innovation Accelerator Pitch Finale.
“The Baltimore metro area saw 19,369 tech job postings from Jan. 1 to April 30, compared to 15,521 in 2021,” Maryland Inno reports. “The 25% increase from last year’s tech job posting numbers is higher than some other post-industrial cities such as Pittsburgh (19%) and Columbus (17%).”
The life sciences investment firm’s Nexus Fund III started raising earlier this year and attracted more than 250 investors. Among Catalio’s previous investments are in Thrive Earlier Detection and PGDx.