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VABIO E-News March 19, 2015
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VABIO E-News: March 19, 2015 Edition

Focus Around Virginia 
A Word from CEO Jeff Gallagher

Members and friends of Virginia Bio,

“A committee meeting is not necessarily the same as doing something,” a mentor once said to me.

Neither is a conference. But it can do something, something of enduring significance - if you start from Day One with that goal. That’s the goal that the Board and the Conference Steering Committee led by Dan Gonzales set six months ago, and that’s what staff has been up to.

It’s a rare opportunity when the statewide leaders of industry, translational research, public policy and supporting firms and businesses come together in one place for our statewide conference. Two years ago in Charlottesville we looked back, told the story, honored outstanding contributions, and celebrated.

This year in Northern Virginia we will look ahead, and we will move ahead. That’s why we call the conference THRIVE: Creating the future of bioscience in Virginia.
Placing the conference in NoVa helps that community come together and show off, and gives us a chance to introduce the great bio activity there to the rest of Virginia. It also enables great programs throughout the day.

In the morning and in all one place for your convenience, we are bringing together the directors of SBIR programs at four of the highest funding NIH Institutes, plus NSF, DARPA and DOD. They’ll present in series on their programs, and hold one on one meetings. We’ll complement that extraordinary resource with a panel of a variety of different types of private funders to share insights about conditions, trends and opportunities.
 

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

FDA APPROVES FIRST BIOSIMILAR
CIT CEO JOBSE STEPPING DOWN  
GW OPENS SCIENCE HALL 
MALARIA GRANT WITH CERES 
TOM BROKAW KEYNOTE AT 2015 BIO
DAN RIVER SUSPENDS OPERATIONS
VCU RECEIVES $325K GRANT  
FIERCE PHARMA TOP LIST
FDA APPROVES ERAPID NEBULIZER 
PRINCE WILLIAM $513M INVESTMENT
BIO ISSUES STATEMENTS 
FOCUSED ULTRASOUND FOUNDATION
CADENCE. HAS 2014 REVENUE INCREASE 
LUNA AND API TO MERGE
K2M PRICES SECONDARY OFFERING 
FDA COMMISSIONER STEPPING DOWN
ITL VA EXPANDS FACILITY AND SERVICES 
CUTTING EDGE CANCER TRIAL AT GMU 
VBF 2015 INTERNSHIP MATCHING FUNDS 
UVA DISCOVERS KEY TO CANCER'S SPREAD 
VIRGINIA BIOTECH PARK OPEN LAB 
BIOGENEIUS CHALLENGE 
WELCOME NUTRIATI
WELCOME PARSONS 
WELCOME PERTHERA 
WELCOME WORLD COURIER 
VABIO Community News 
VABIO Member Anniversaries 

VABIO Events
Virginia Bio Calendar





VABIO Articles TO TOP

FDA Approves First Biosimilar Product Zarxio

The U.S. Food and Drug Administration has approved Zarxio (filgrastim-sndz), the first biosimilar product approved in the United States.

Biological products are generally derived from a living organism. They can come from many sources, including humans, animals, microorganisms or yeast.

A biosimilar product is a biological product that is approved based on a showing that it is highly similar to an already-approved biological product, known as a reference product. The biosimilar also must show it has no clinically meaningful differences in terms of safety and effectiveness from the reference product. Only minor differences in clinically inactive components are allowable in biosimilar products.

For complete article click here.

CIT President and CEO Peter Jobse Stepping Down

The Center for Innovative Technology (CIT) President and Chief Executive Officer Peter Jobse will resign at year-end to return to the private sector.

Jobse joined the Center for Innovative Technology in October 2002 as Executive Vice President and Chief Operating Officer. In May 2003, CIT's Board of Directors selected Jobse as the Chief Executive of CIT. Jobse transformed CIT into a technology consulting and venture investing organization dedicated to accelerating research commercialization, innovation, startup company formation and technology assimilation in the Commonwealth of Virginia.

For complete article click here.

The George Washington University Opens Largest Science and Engineering Hall in D.C.

The George Washington University has formally opened its new Science and Engineering Hall (SEH), a $275 million, 500,000-square-foot building with state-of-the-art research facilities and programs that will educate the next generation of innovators and support faculty as they develop knowledge that will solve global problems and help improve the lives of millions worldwide.

“I can't imagine a stronger statement about the importance of science and engineering to America's future than the placement of this extraordinary facility right in the heart of the nation's capital,” said GW President Steven Knapp.

For complete article click here.

Johns Hopkins Receives Grant with Ceres to Evaluate Malaria Detection Test

Researchers at the Johns Hopkins Bloomberg School of Public Health have been awarded a $525,000 grant from the Bill & Melinda Gates Foundation to evaluate a promising technology that detects malaria parasites in saliva before individuals get sick and become carriers of the parasite. The team, part of the Johns Hopkins Malaria Research Institute, will work with the biotech firm Ceres Nanosciences to assess a sampling platform developed by Ceres.

For complete article click here.

Tom Brokaw to Deliver Keynote Address at the 2015 BIO International Convention

Legendary television journalist and author Tom Brokaw will deliver a keynote address at the 2015 BIO International Convention®, June 15-18 in Philadelphia, Pennsylvania. The Keynote Luncheon will take place on Tuesday, June 16 from 12:00 – 1:30 pm EDT.

The BIO International Convention regularly draws over 15,000 leaders from the biopharmaceutical industry, and offers targeted networking and business partnering opportunities and provides insights and inspiration on major trends affecting the industry.

For complete article click here.



Dan River Plants, LLC Suspends Operations

Dan River Plants, LLC (DRP) suspended operations on Friday, February 13 at their Cane Creek facility affecting eleven employees.

“This is a difficult announcement to make and an even more difficult decision to reach,” said Mark Gignac, general manager of Dan River Plants. “After several years of trying to build a profitable business, we have come to the conclusion that this business model is not a good fit for this industry.”

For complete article click here.


VCU Leverages Catalysis Research With $325k NSF I/UCRC Grant

The Virginia Commonwealth University Chair of the Department of Chemical and Life Science Engineering, B. Frank Gupton, Ph.D., was recently awarded a $325k National Science Foundation (NSF) grant. This grant will support the Center for Rational Catalyst Synthesis (CeRCaS), of which Gupton is co-director, in leveraging research opportunities with industry.

For complete article click here.

Fierce Pharma Names Top 15 Pharma Companies By 2014 Revenue


When Fierce Pharma released their list of top 15 pharma companies by 2014 revenue, it was no surprise that Virginia Bio members made the list; nine in total. The companies included Johnson & Johnson, Pfizer, Sanofi, Merck, AstraZeneca, Bayer, Amgen, Eli Lilly and for the first time, Teva Pharmaceutical Industries in 11th place.

For complete article click here.


Virginia BioTechnology Research Park Holding an Open Lab
The Virginia BioTechnology Research Park has created a new shared lab and learn facility. To see what opportunities are available for use of the equipment, an “Open Lab” is being held on Tuesday, March 24 between 1:30 pm – 2:30 pm on the 2nd floor of the Biotech Center in Lab 58.

For complete article click here.




BioGENEius Challenge and Call for Judges

Virginia Bio is hosting a statewide competition to select a finalist for the International BioGENEius Challenge to be held at the BIO International Convention in Philadelphia, PA, June 2015.

The Virginia BioGENEius Challenge is a competition for high school students doing research in medical, agriculture and/or industry and environmental biotechnology. The top finalist from the Virginia BioGENEius Challenge will be selected to attend the US National BioGENEius Challenge in June, finalist from the US National Challenge will then compete in the International BioGENEius Challange. This competition is an intensive and valuable research experience for high school students.

Visit the Virginia BioGENEius Challenge website for more information, rules, and participation criteria. The deadline for applications is April 17, 2015.

Each year, Virginia Bio also recruits volunteer judges from the membership to attend the Virginia State Science and Engineering Fair to select the top three winners in the field of biosciences. The time commitment is limited to a pre-event online review of the submissions to select the finalists and then a few hours onsite at the Fair to interview and select the final winners. Lunch is provided to all judges by the Fair. The process is extremely easy and, by all accounts, very rewarding.

To volunteer to judge either event, please email Susan Moore.




Welcome New Member: Nutriati
Nutriati is dedicated to formulating more nutritious food products that will be widely attractive to a broad range of consumers, thereby improving their health and well-being, and to re-invest significantly in community, industry and educational initiatives that will enhance those goals.

For more information please visit their website.


Welcome New Member: Parsons

Founded in 1944, Parsons, an engineering, construction, technical, and management services firm with revenues of $3.1 billion in 2014, is 100% owned by the Employee Stock Ownership Trust. Parsons is a leader in many diversified markets with a focus on defense/security, industrial, and infrastructure. We conquer the toughest logistical challenges and deliver design/design-build, program/construction management, and other professional services packaged in innovative alternative delivery methods to federal, regional, and local government agencies, as well as to private industrial customers worldwide.

For more information please visit their website.

Welcome New Member: Perthera

Perthera guides advanced stage cancer patients and their physicians to personalized cancer treatment options available by bridging the gap between molecular testing and patient therapy.

Perthera’s approach uses the most advanced molecular diagnostic testing to create a detailed analysis of a patient’s unique cancer. Perthera's proprietary Expert Oncology platform, ExpO, combines that analysis with the patient's medical history and generates a comprehensive report. Their dedicated medical panel reviews the report and makes their recommendations based on the latest cancer treatment options available.

For more information please visit their website.


Welcome New Member: World Courier


World Courier offers a complete one-stop GxP- compliant logistical service to the pharmaceutical industry. World Courier’s goal is to help our clients optimize pharmaceutical transport costs by ensuring that their investigational drugs, clinical trial supplies, biological samples and commercial products consistently arrive on time and in within desired temperature range. They work closely with customers to ensure regulatory compliance and supply chain integrity, and to identify and deliver the best shipping solutions for each individual study or consignment. World Courier ensures a consistent customer experience around the globe. Trust beyond transport.


For more information please visit their website.

 
VABIO Community News TO TOP

PeopleSolutions, and its affiliate company The Richmond Group USA, was recently recognized as the #4 office in the entire MRI Network for 2014. The MRI Network consists of more than 2,000 individual recruiters, across approximately 600 offices in 40 countries. PeopleSolutions is proud to continue our 47 year tradition of success in helping our clients find the talent they need to succeed in their business
Barry I. Matherly, senior vice president of the Greater Richmond Partnership, has been named the next CEO of the economic development organization effective July 1, 2015. Matherly succeeds Greg Wingfield, founding president and CEO, who retires June 30 after 20 years with the non-profit group.

Cherry Bekaert adds Yolimar “Yoli” Martinez-Nadal, CPA as Partner in Expanding Technology & Life Sciences Group. As a Tax Partner, Martinez-Nadal will advise clients within the Firm’s Technology & Life Sciences industry group on tax structuring, mergers and acquisitions, due diligence, and financial reporting under ASC 740 provisions.
 
VABIO Member Anniversaries TO TOP

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

CEL-SCI - 18 YEARS
GREATER RICHMOND PARTNERSHIP - 18 YEARS
LECLAIRRYAN - 18 YEARS
MOLECULES FOR HEALTH - 17 YEARS
KINNAKEET - 13 YEARS
COLLEGE OF WILLIAM & MARY - 12 YEARS


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

NEOANTIGENICS

 
VABIO Calendar TO TOP

APRIL 2
Event: Exclusive Bioscience Executive Luncheon with David Chapin
Where: Commonwealth Reserve, Charlottesville, VA
When: Thursday, April 2, 12:00 pm - 2:00 pm
Details: Indoor Biotechnologies, in conjunction with Virginia Bio, has arranged a visit by David Chapin, a life sciences marketing guru who is CEO of Forma Life Sciences Marketing. David is a nationally known leader in high performance marketing to life sciences companies.
Registration:This is an invitation only event.

APRIL 7
Event: Southwest VA Life Science Forum 2015
Where: Virginia Tech Integrated Life Science Building, Blacksburg, VA
When: Tuesday, April 7 - 5:30 pm - 8:30 pm
Details: Come meet other scientists from the region, get some new cutting-edge ideas and maybe even come up with a collaboration or two. There will be appetizers and refreshments along with a poster session featuring representatives of academic, industry and non-profit technology organizations.
Registration:
Click here to register.
Sponsors: Hosted by Virginia Bio and Roanoke-Blacksburg Technology Council. Sponsored by Virginia Tech, TechLab and PolymerSolutions. 


APRIL 9
Event: Virginia Bio Commercialization Luncheon - April 2015
Where: Virginia Biotechnology Research Park, Richmond, VA
When: Thursday, April 9, 11:30 am - 1:30 pm
Details: Finding and Working with an Investment Banker (plus updates from January's 32nd Annual JP Morgan Health Care Conference).
Identifying, courting interest from and entering into a relationship with an Investment Bank can be mystifying for the first time company. Maintaining a healthy and productive engagement between client and investment banker requires thoughtful effort for newbies and veterans alike. Panelist will walk through the process, provide stories and tips on how to define the relationship and find the right fit, and how to make the engagement successful. Speakers will included Mike Innes, Managing Director, Cary Street Partners and Baxter Phillips, Chief Business Officer, AmpliPhi Biosciences Corporation.
Registration: Click here to register.
Sponsors: Data Blueprint, Greater Richmond Partnership, McGuireWoods, VCU Innovation Gateway, We Work For Health and the Virginia Biotechnology Research Park

APRIL 14-15
Event: BIO Legislative Day Fly In
Where: Washington, DC
Details: Once a year, BIO hosts the Legislative Day Fly-In, inviting biotechnology executives from across the country to come to Washington, DC for a day and a half of legislative briefings and advocacy. BIO will schedule all congressional meetings and provide attendees with a robust legislative briefing prior to their visits on Capitol Hill.
Visit the BIO website for more information.

APRIL 22
Event: Patient Services Inc. Cocktail Reception
When: Wednesday, April 22
Details: Join Patient Services Inc. for a Cocktail Reception and show your support for patients with rare and chronic conditions. For more information visit their website.

APRIL 23
Event: THRIVE 2015: Creating the Future of Bioscience in Virginia
Where: Westfields Marriott Washington Dulles, Chantilly, VA
When: Thursday, April 23
Details: Virginia Bio is bringing together leaders from bioscience companies, research universities, government, the investment community, entrepreneurs and professional services firms from across Virginia and beyond to learn, share, plan, do business and bring the biosciences to life in the Commonwealth.
Registration: Visit the 2015 THRIVE Conference page for more information and to register.Nominations for the Outstanding Achievement Award will close March 1.

APRIL 29-MAY 1
Event: 2015 MDMA Annual Meeting
Where: The Liaison Capitol Hill, Washington, DC
When: Wednesday, April 29 - Friday, May 1
Details: Click here for additional information.

MAY 7
Event: Virginia Bio Commercialization Luncheon - May 2015
Where: Virginia Biotechnology Research Park, Richmond, VA
When: Thursday, May 7 11:30 am - 1:30 pm
Details: The 21st Century Cures bipartisan effort to take a coherent look at the whole system, from drug discovery, to development to delivery, and the impact of the Food and Drug Administration, National Institutes of Health and other federal agencies. Industry experts here and around the nation have provided specific suggestions: greater involvement of patients, modernizing clinical trials and drug development, phaseless drug development, use of real world and post-approval data to support regulatory decision making, focusing special resources on key unmet medical needs, and preparing the FDA for the future. The Committee put froward a 380 page draft document in January, to spark discussion, and continue its work.
Registration: Click here for more information.
Sponsors: Data Blueprint, Greater Richmond Partnership, McGuireWoods, VCU Innovation Gateway, We Work For Health and the Virginia Biotechnology Research Park

JUNE 15-18
Event: BIO International Convention
Where: Philadelphia, PA
When: Tuesday, June 16 - Thursday, June 18
Registration: For more BIO convention information click here.

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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