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VABIO E-News June 25, 2015
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VABIO E-News: June 25, 2015 Edition

Focus Around Virginia 
A Word from CEO Jeff Gallagher

Members and friends of Virginia Bio,

Access to capital is one of the most important and pressing needs of bioscience innovation companies. The need for capital starts even before the moment of creation of the company, and continues and evolves throughout all stages of a company’s life cycle.

Virginia Bio is continually seeking ways to help our member companies access capital, and in the year ahead we will provide increased emphasis, and new programs and projects.

To jump start this effort, Virginia Bio recently entered into a one year agreement with CB Insights to provide access for select members to CB Insight’s proprietary comprehensive database of private investment data on current and historic deals and investors.

CB Insights is a national Science Foundation-backed data and technology company that exclusively focuses on private company financing and exit information. The database tracks any private company that has received financing including government grants angel investment, VC, growth equity, or had an exit via M&A, an IPO or other, and captures extensive information on the financings and the investors.

Please watch in the coming days for our announcements describing this exciting new program, the content of the database, the capabilities of the search, analytic and visualization tools, a date for a live webinar training how to use the database for your needs, and terms of use.

For complete article click here.


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In this issue
focus around Virginia
VABIO Articles
VABIO Community News
VABIO Anniversaries
VABIO Calendar

VABIO News

CRCF INVESTS $2.8 MILLION
VIRGINIA VELOCITY OFFERS $850K
VCU RESEARCH EXPLAINS HEIGHT 
CAVION PRESENTS TRIAL AT ASCO
LIFENET TO ADD 160 JOBS
THE INNOVATION COUNCIL FORMED
VT SCIENTIST RECEIVES AWARD
VEC OFFERS $900K TALENT GRANTS
HEMOSHEAR NAMES PRESIDENT 
BURRISS TAKES WIDER GMU ROLE
UVA COLLABORATES FOR GRANTS
VCU NAMES RAPPLEY TO CEO POST
BIG DATA MEANS BIG BUSINESS
CLEAN HARBORS OFFERS DISCOUNT
BIOVISTA INC. PUBLISHES EMR DATA
WELCOME ADARTIS ANIMAL HEALTH 
WELCOME TIBER CREEK PARTNERS, LLC 
WELCOME E-KARE INC. 
VABIO Community News 
VABIO Member Anniversaries 

VABIO Events
Virginia Bio Calendar

 
 
 
 
 
 
 
 



 
 
 
 
 
 
 
 

VABIO Articles TO TOP

CRCF $2.8 Million Investment Targets Research and Commercialization

The Commonwealth Research Commercialization Fund (CRCF) awards totaling more than $2.8 million will fund targeted areas of promising research and commercialization, including advanced manufacturing, cybersecurity, and energy and life sciences.

Governor McAuliffe said, “The CRCF program advances research with potential for economic growth in Virginia. In order to compete with other states and globally, we must focus on early stage economic development. These investments are planting seeds that are helping us grow the new Virginia economy.”

For complete article  click here.

Virginia Velocity Competition Will Award Prizes Totaling $850K – DEADLINE: July 10, 2015


The Virginia Velocity business plan competition opened June 12, 2015 and is overseen by the Office of the Secretary of Commerce and Trade. The competition is a key component of Governor Terry McAuliffe’s efforts to catalyze entrepreneurism in the Commonwealth by focusing the growth sectors of bioscience and energy.

For complete article click here.


VCU Researchers Identify Unexpected Functions In The Determination Of Height

An interdisciplinary research team led by the deans of Virginia Commonwealth University’s Schools of Medicine and Engineering has for the first time explained the association between human height and a specific protein-coding gene that is found in sperm.

For complete article click here.

Cavion Presents Clinical Trial Data at ASCO

Cavion LLC, a pharmaceutical company developing T-type calcium channel inhibitors for the treatment of solid tumors and neurologic diseases, presented preliminary results from an ongoing multi-site National Cancer Institute Adult Brain Tumor Consortium (ABTC) and Cavion-sponsored Phase 1b clinical trial at the 2015 Annual Meeting of the American Society of Clinical Oncology (ASCO) on June 1. Matthias Holdhoff, MD, PhD of the Sidney Kimmel Comprehensive Cancer Center at Johns Hopkins discussed this dose escalation trial, completed enrollment in November 2014, evaluates the safety and pharmacokinetics of Cavion’s novel cancer drug mibefradil when sequentially administered with temozolomide in patients with recurrent high-grade glioma.

For complete article click here.

LifeNet Health to Add More Than 160 Jobs in Virginia Beach

LifeNet Health, a Virginia Beach-headquartered provider of transplant solutions, plans to hire more than 160 people in 2015. Virtually all of these positions will be housed in the organization’s three Virginia Beach facilities and will help to ensure that the need for donated tissues continues to be met.

The company’s growth is fueled largely by increased demand for their innovative bio-implants, which are being made more widely available both domestically and internationally.

For complete article
click here.

Virginia Biotechnology Research Park Corporation Board Transitions to The Innovation Council

 

 
The Board of Directors of the Virginia Biotechnology Research Park Corporation recently adopted bylaw changes to expand its focus beyond Biotechnology and transition into The Innovation Council to support collaboration and coordination of high-growth innovation activities in the Richmond Region.

To advance The Innovation Council’s work, Dr. Rao, President of VCU and Chairman of the Virginia Biotechnology Research Park Authority and Corporation Boards, announced a $1.2 million commitment to be leveraged with other sources of matched funds. This funding will be used to launch the regional effort and support funding gaps and capital resources currently not existing in the regional innovation ecosystem.

For complete article click here.


Virginia Tech Carilion Research Institute Scientist Named a 2015 NARSAD Independent Investigator

 
   
Michael Fox, an associate professor at the Virginia Tech Carilion Research Institute, was recently named a 2015 NARSAD Independent Investigator.

Awarded by the Brain & Behavior Research Foundation under the acronym of its former name, the National Alliance for Research on Schizophrenia and Depression, the honor comes with a two-year grant. The foundation aims to recognize and support the work of the brightest and best minds in brain research.

For complete article click here.


$900K in Grants Offered Through Virginia Talent Solutions Competition

The Governor’s Office, in partnership with the Virginia Employment Commission (VEC), will be offering the Commonwealth’s first competitive grants designed to help close the skills gap in key industry sectors of critical importance to the Virginia economy and reward and encourage employer-led talent development solutions. These state grants will be matched by private funds and used to provide job training and develop vital workplace skills for prospective and existing employees.

For complete article click here.


HemoShear Names Vincent E. Aurentz as President
HemoShear, recently named Vincent E. Aurentz, Chief Business Officer, as the new President of HemoShear. Mr. Aurentz will be responsible for leading HemoShear's scientific and business development strategies, as well as public relations and marketing, in addition to his existing business development responsibilities. He will continue to report directly to CEO and Chairman Jim Powers, and will also join HemoShear's Board of Managers.

For complete article click here.



Dr. Annie Hunt Burriss Takes Wider Role at George Mason
Dr. Annie Hunt Burriss accepts her new post as Executive Officer for External Relations in the Office of Advancement and Alumni Relations this week, after a celebratory send-off from her George Mason staff and community well-wishers.

A decision to reorganize the campuses of George Mason University into a team system for better coordination of regional operations has eliminated the need for a CEO at Mason's Science and Technology Campus in Prince William County. Ron Carmichael remains as the Science and Technology Campus Chief Operating Officer.

For complete article click here.


Collaborations for U.Va. Offer Multiple Grants
The University of Virginia has received a $200,000 donation from Leidos, a national security, health and engineering solutions company, to support a wide range of collaborative research projects.

As a continued supporter of U.Va.’s Data Science Institute, Leidos’ gift supports collaborative research projects in the areas of cybersecurity, health informatics and smart grid energy analytics. The institute, which focuses on large-scale, complex data analysis, crosses disciplines and offers a unique confluence of computation, science, engineering, mathematics, statistics, commerce, social science, humanities and law, among other fields.

For complete article click here.

Additionally, biomedical engineers at the University of Virginia (UVA) and John Hopkins University (JHU) have developed a prolific collaboration that has generated several long-term, multi-million-dollar focused ultrasound research grants.

For complete article click here.


VCU Names Marsha Rappley to Health System CEO Post
Virginia Commonwealth University has hired Marsha D. Rappley, M.D. as Virginia Commonwealth University vice president for health sciences and CEO of the VCU Health System, effective August 15, 2015.

In the position, Rappley will lead Virginia’s most comprehensive academic health sciences enterprise, which includes the VCU health system hospitals and outpatient clinics; the physician practice plan; the Medicaid health plan; the schools of Medicine, Nursing, Pharmacy, Dentistry and Allied Health Professions; and the Massey Cancer Center.

For complete article click here.


Using Big Data for Personalized Medicine Could Mean Big Business
A recent Washington Post article about the big business of personalized medicine further echoed what attendees of the Virginia Bio THRiVE 2015 conference witnessed through the Governor's Forum on Bio and Big Data/Analytics.

The Post referenced that health-care providers are exploring the new model of treatment which involves the study of the human genome to provide personalized care. That new model creates a problem with which many in government are familiar: analyzing an overwhelming amount of data. Their experience is putting government contractors in a key position to grow through this new industry.

For complete article click here.


Clean Harbors Environmental Services Offering VA Bio Member Savings
Virginia Bio is pleased to announce a program that can help member companies save on Environmental and Waste Disposal Services costs through Clean Harbors Environmental Services, Inc. (www.cleanharbors.com). This savings program is the result of collaboration between Virginia Bio and the Biotechnology Industry Organization (BIO), the international trade association for the biotechnology industry.

For complete article click here.


Biovista Publishes EMR Data Confirming Prediction on Hypothyroidism and Diabetes Connection

Biovista Inc. published research it carried out in collaboration with the FDA and Israeli HMO Clalit, focusing on the prediction of risk factors related to targeted diseases. The research, published in the American Diabetes Association journal Diabetes Care, identifies hypothyroidism as a risk factor for new-onset Diabetes Mellitus, associated with the use of statins, the widely-used class of cholesterol-lowering drugs.

For complete article click here.


Welcome New Member: Adartis Animal Health
A US registered Bio-Pharmaceutical firm focused on the licensing, registration, and marketing of veterinary products and Innovations. Adartis Animal Health works with many of the brightest biotech firms in the world with the purpose of bringing new differentiated technology to the North American Veterinary community. Adartis Animal Health has a comprehensive team of veterinarians, specialists, and veterinary professionals focused on the sales and marketing of these innovative technologies exclusively through the veterinary community.

For more information please visit their website.


Welcome New Member: Tiber Creek Partners, LLC
Tiber Creek Partners, LLC provides subject matter expertise, including scientific and business counseling, to biotechnology companies that seek to use non-dilutive capital from the U.S. Government, foreign governments, and non-governmental organizations as part of their commercialization objectives. Tiber Creek Partners offer a full understanding of funding and procurement opportunities and help communicate the advantages and the state of development of our clients' technology so that it resonates most effectively with funding and purchasing decision-makers.

For more information please visit their website.

Welcome New Member: e-Kare Inc.

e-Kare Inc. is a spin-off enterprise from the Children's National Health System, a premier pediatric health provider in Washington, DC. Founded by pediatric surgeons and engineers who brought novel technologies outside of the research lab to execute a vision, e-Kare is dedicated to improving lives through innovation.

For more information please visit their website.

 
VABIO Community News TO TOP

On June 19, AdvanceTEC celebrated 15 years as a leader in cleanroom design, cleanroom construction, and process tool installation and integration, building leading edge cleanroom facilities for research, pilot production and high volume manufacturing applications. 
Michael A Ross was promoted to Chairman and CEO of Euclid Systems Corp of Herndon, Virginia in February 2015 with the retirement of Bruce DeWoolfson.
Edward J. "Ned” Kelly, III has joined the Focused Ultrasound Foundation Board of Directors. A seasoned executive in global banking, Mr. Kelly will advise the Foundation in strategic fundraising and facilitation of new engagement.
On 1 July, Bob Armstrong will take the reigns as Director of Eastern Virginia Medical School’s Sentara Center for Simulation and Immersive Learning. Bob will continue his roles as Program Director for the National Center for Collaboration in Medical Modeling and Simulation and as Director of Corporate Relations for the school.
Focused Ultrasound Foundation was honored to be selected as the leading philanthropy featured on the cover of the annual Generous Virginians June 2015 issue of Virginia Business magazine. The story will help to raise awareness of the need for philanthropic giving to support medical innovation and how our Foundation is helping to advance focused ultrasound to improve the lives of Virginians and others with serious diseases around the world.

Dr. Kenneth F. Newbold, Jr., Associate Vice Provost for Research and Scholarship at James Madison University, has recently been named Provost and Executive Vice President at Goshen College in Goshen, Indiana. In this role, Dr. Newbold will help run the day to day operations of the college, serving as chief operating officer, and will provide oversight for athletics, academic affairs, student life, finance, enrollment management and marketing as well as long range planning.

Rivanna Medical appointed Brendan Carvalho, M.D., Stanford University. Medical Center, as a Clinical Advisor.

Carrie Roth, President of Virginia Biotechnology Research Park defended her title as top female CEO in the Corporate 4 miler on June 4th and won with a time of 30:20.

Virginia Commonwealth University applauds several recent initiatives:

Researcher Dr. Paul Wetzel and his collaborators showcased their system which uses eye movements to diagnose neurological conditions including Parkinsons.

Four research projects and one startup were awarded funding from the Governor and General Assembly through the Commonwealth Research Commercialization Fund with VCU receiving more combined funding than any other one institution.

Nicole Colomb, Enterprise and Economic Development Executive, continues to have success with her goal of helping VCU students receive entrepreneurial funding with the launch of the Go For It! summer accelerator program.

Researcher Dr. Shulin Ren and his collaborators are experiencing huge professional success as their compound enters its second phase 1 clinical trial and prepared for phase 2.
VABIO Member Anniversaries TO TOP

Virginia Bio would like to thank our long term members who have recently celebrated their membership anniversaries:

CENTER FOR INNOVATIVE TECHNOLOGY - 24 YEARS
EASTERN VIRGINIA MEDICAL SCHOOL - 19 YEARS
JAMES MADISON UNIVERSITY - 19 YEARS
UNIVERSITY OF VIRGINIA FOUNDATION - 18 YEARS
LYOTROPIC THERAPEUTICS, INC.- 15 YEARS
PHRMA- 15 YEARS
INOVA HEALTH SYSTEMS - 14 YEARS

Virginia Bio would also like to thank our members renewing for the first time:

CURPON
NUTRIATI

 
VABIO Calendar TO TOP

JULY 24
Event: Biotech and Beer
Where: LifeNet Health, Virginia Beach, VA
When: Friday, July 24
Details: Enjoy snacks and beverages with your colleagues from across the state while talking about the latest events in life science.
Registration: Click here for more information.

SEPTEMBER 9
Event: Governor’s Agriculture and Industrial Biotechnology Conference
Where: The Institute for Advanced Learning and Research (IALR), Danville, VA
When: Wednesday, September 9, 8am - 5pm
Details: Please join Governor Terry McAuliffe and Secretary of Agriculture and Forestry Todd Haymore to kick off the Virginia Ag Bio Initiative. Hosted by VirginiaBIO, this event will bring together public and private partners representing existing businesses engaged in the ag bio sector, research universities, and marketing and economic development professionals from across Virginia and the surrounding region to steer this effort for domestic and international business development. Attendees will discuss the current state of ag bio in the Commonwealth and identify opportunities for networking, collaboration and business development to support the future of this growing sector.
Registration: Click here for additional information.

SEPTEMBER 25
Event: MDMA's 8th Annual Medical Technology Executive Forum
Where: Crown Plaza Cabana, Palo Alto, CA
When: Friday, September 25
Details: This must-attend one day interactive forum will bring together more than 150 CEOs and senior executives to discuss the critical issues that affect product commercialization and the common challenges faced by med-tech companies today. Industry experts and government officials will address investment options, FDA reform, reimbursement challenges and much more.
Registration: Virginia Bio Members receive $100 off registration! Please contact Susan Moore for discount information. Click here for additional information.

NOVEMBER 18
Event: TEDMEDLive Streaming
Where: Live Streaming
When: Wednesday, November 18
Details: Due to an exciting partnership with TEDMED and Virginia Bio, TEDMED would like to invite you to join in on this year's event where we will Unlock Imagination in the service of Health and Medicine. We encourage you to convene and share in free online access to TEDMEDLive Streaming 2015, comprising of more than 70 talks from transformative thinkers in health and medicine.
Registration: Click here for additional information.

ABOUT VIRGINIA BIO
Virginia Bio, was formed in 1992 and incorporated in the Commonwealth of Virginia as a non-profit association. The purpose of the Association is to promote the biotechnology industry in Virginia, expand the knowledge and expertise of Virginia's businesses concerning biotechnology through seminars, educational publications and other means, to enhance public awareness of the biotechnology industry in Virginia and the scientific, economic and other benefits it provides, and to represent the interests of the biotechnology industry in Virginia before federal, state and local legislators and regulators.  We provide a forum for members and their guests to get to know each other and the many bioscience companies operating today in Virginia and serving our biotech community. We coordinate information among the many agencies and organizations interested in biotechnology.

To learn more about Virginia Bio and how you can get involved, Click Here
 
 
 
 
 
 
 
 




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