News

04/27/2021

ODU Awarded a $1.6M NIH Grant to Increase the Diversity of Biomedical Researchers »

The first cohort of the Graduate Research Training Initiative for Student Enhancement (G-RISE) will arrive at Old Dominion University this summer on their path to make a lasting impact in the field of biomedical research. G-RISE is designed increase the diversity of biomedical researchers by attracting underrepresented students from minority, military, socioeconomically disadvantaged and disability

04/27/2021

Dominion Energy Innovation Center Announces 2021 DEIC Accelerate Cohort

The Dominion Energy Innovation Center (“DEIC”) announced the eight startups that will make up the 2021 DEIC Accelerate cohort running from late May into September. “Clean energy products and technologies will benefit our communities and fast-track our endeavors to produce sustainable, green solutions,” said Senior Vice President and Chief Innovation Officer Mark Webb. “DEIC’s Accelerate

04/25/2021

Offices and Shared Lab Space Available at Virginia Bio+Tech Park

Office Space Available: Do you need a small office for your life science or advanced tech startup? The VA Bio+Tech Park in downtown Richmond has two offices available to fit 1-2 people. Find out more here or contact Heather.Allen@vabiotech.com. Shared Lab Space Available: Do you need to run a test but don’t have a dedicated lab? The VA

04/21/2021

NIH Awards Ceres Nanosciences $8.2M for Wastewater-Based COVID-19 Surveillance

Ceres Nanosciences announced it has been awarded an $8.2 million contract from the National Institutes of Health’s Rapid Acceleration of Diagnostics Initiative. The funding will support the development and implementation of wastewater-based surveillance systems for COVID-19. Manassas, Virginia-based Ceres plans to develop surveillance systems using its Nanotrap particle technology at a network of sites, with

04/21/2021

GRP Hires Mitchel Allen-Rivera as new Executive Vice President of Business Development

The Greater Richmond Partnership (“GRP”), the lead regional economic development organization serving the City of Richmond and counties of Chesterfield, Hanover and Henrico in Virginia, announces that Mitchel Allen-Rivera is the new Executive Vice President of Business Development. “I am thrilled to welcome Mitchel to Greater Richmond to lead business development,” said Jennifer Wakefield, President

04/21/2021

Novel small molecule technology reverses life-threatening opioid-induced respiratory depression

Case Western Reserve University and Atelerix Life Sciences Inc., a Charlottesville, Virginia-based biotechnology company, have signed a two-year option to license a novel family of small molecules called Active Thiol-Based Compounds (ATBC’s) to prevent or reverse life-threatening opioid-related side effects. The lead compound, ATLX–0199 (also called sudaxine), will be first targeted at opioid-induced respiratory depression

04/21/2021

HemoShear Advances Second Novel Drug Target into Horizon Therapeutics plc Early Discovery Pipeline

HemoShear Therapeutics, Inc., a privately held clinical stage biotechnology company, has identified a second drug target for the treatment of gout under its collaboration with Horizon Therapeutics plc (Nasdaq: HZNP) that was established in January 2019. Leveraging its proprietary REVEAL-TxTM disease modeling platform, HemoShear has earned two milestone payments to date in accordance with the

04/20/2021

Sunny Farms, LLC to invest $59.6 million in production, workforce development, and research facility

Governor Ralph Northam announced that startup company Sunny Farms, LLC will invest $59.6 million to establish a state-of-the-art hydroponic greenhouse for production, workforce development, and research in the City of Virginia Beach. The company’s location at Taylor Farms will also house One Matters Inc., a new 501(c)(3), not-for-profit entity that will offer workforce development opportunities

04/20/2021

Grenova to Invest $10.6M to Expand Operations in Richmond

Grenova Inc., a Virginia-based sustainable biotech firm that designs, develops, and manufactures devices that wash and sterilize contaminated pipette tips for reuse, will invest $10.6 million to expand in the City of Richmond. The company will relocate its operations from Manchester to a larger facility in Scott’s Addition and increase capacity with new production lines

04/15/2021

VTC Seed Fund Adds SWARM Engineering to Portfolio

SWARM Engineering, Inc, the next generation of cognitive software for the food supply chain, announced it has closed funding for a $2.7 million seed round. SWARM Engineering is a Software-as-a-Service (SaaS) platform specifically for the food supply chain, rapidly solving complex problems such as supply & demand forecasting, optimizing inbound and outbound logistics, or maximizing

04/12/2021

Canon Virginia is hiring multiple positions

Canon Virginia is hiring for many positions right now! To see a full list of positions,click here.

04/05/2021

Children’s National Hospital Announces a $4.2M Award to Lead Maternal Mental Health Research

Children’s National Hospital announces a $4.2 million funding award from the Patient-Centered Outcomes Research Institute (PCORI) to support maternal mental health research. The Developing Brain Institute at Children’s National will lead a new program that seeks to advance perinatal mental health and well-being while addressing racial disparities in access to resources that could boost positive

03/31/2021

Leading Authority on Brain Tumors Joins FUSF

Jason Sheehan, MD, PhD, Professor of Neurosurgery at the University of Virginia (UVA), has joined the Focused Ultrasound Foundation as a Senior Advisor for Brain Tumor Research. In this role, Dr. Sheehan will help define the Foundation’s overall strategy for brain tumor research. He will also engage in Foundation-initiated laboratory and clinical research, interface with

03/30/2021

Virginia Catalyst Announces Round 12 of Grant Funding

The Virginia Catalyst, also known as the Virginia Biosciences Health Research Corporation (VBHRC), announced that it is accepting letters of intent (LOI) for Grant Round 12 to fund the development and commercialization of life science projects that address major unmet needs for improving human health and advance Virginia’s economy. Virginia Catalyst awards these funds to

03/23/2021

Riverflow Growth Fund Closes Investment in First Portfolio Company

Healthcare data science company DrugViu is the first company to receive an investment from Riverflow Growth Fund. Riverflow, a new seed-stage venture fund based in Richmond, VA, has invested $250,000 from their first fund into DrugViu. The company aligns with Riverflow’s investment thesis of funding early to late seed-stage companies headquartered in Virginia and the

03/23/2021

MetiStream and Carilion Clinic Partnering to create an Artificial Intelligence to Improve Surgery

MetiStream Incorporated and Carilion Clinic announced a partnership to create an Artificial Intelligence (AI) enabled solution – the Surgical Clinical Reviewer (SCR) – that will find the proverbial needle in a haystack – extracting meaningful insights from unstructured surgical quality data in electronic health records (EHRs). “Carilion physicians know the ins and outs of reviewing

03/18/2021

Leading Children’s Hospitals and Phlow Corp. form an Unprecedented Coalition

Phlow Corp., a U.S.-based, public benefit corporation committed to a bold mission of providing every American with access to affordable, high-quality essential medicines, joins in announcing the launch of a groundbreaking Children’s Hospital Coalition: Powered by PhlowTM (CHC). This first-in-kind coalition brings together some of the top children’s hospitals across the nation, in collaboration with

03/18/2021

AMPAC Fine Chemicals is Hiring

AMPAC Fine Chemicals (AFC), an SK pharmteco company, is a custom manufacturer of active pharmaceutical ingredients (APIs, Drug Substances) and registered intermediates for customers in the pharmaceutical industry. Their integrated facilities located in California, Texas, and Virginia specialize in process development, scale-up, and cGMP compliant production from kilograms to multi-ton quantities. The Petersburg, VA location

03/18/2021

Virginia Tech Corporate Research Center selected to lead innovative new lab space model in SWVA

The Virginia Tech Corporate Research Center (VTCRC) in partnership with the Virginia Tech Foundation (VTF) has been awarded a grant from the GO Virginia program to fund the evaluation and design of new lab concepts to serve southwest Virginia’s growing life and health sciences industry. The award is part of the Enhanced Capacity Building program

03/18/2021

Student teams to compete for $40,000 at Global Case Challenge

Student teams and faculty from around the globe will compete, learn, collaborate, and network virtually at the 2021 Virginia Tech Global Case Challenge in August. Hosted by the Virginia Tech Corporate Research Center and Outreach and International Affairs, the Global Case Challenge offers student teams from around the globe the opportunity to present solutions to real-world industry problems. Teams of between

03/15/2021

RAMP welcomes startups to inaugural Health & Life Sciences cohort

Entrepreneurs developing fabrics that filter viral matter like SARS-CoV-2, and therapeutic peptides from cow milk, are among the four startup companies from around Virginia invited to RAMP’s Spring 2021 cohort focused on health and life sciences. The companies were selected in a rigorous application and interview process by RAMP, the Regional Accelerator and Mentoring Program

03/15/2021

VIC’s Feldmann Shares: How To Grow a Bigger Tech Economy

As reported on Roanoke.com within the final article of a three part series, Greg Feldmann, Executive Director and CEO of the Valleys Innovation Council shared insight about the area’s technology industry. Over the past couple of years Virginia has undertaken some important introspective studies that have helped the state identify its significant innovation assets, while

03/10/2021

Embody Advances Biologic Augmentation Market with First-Of-Its-Kind Collagen Implant

Embody, Inc., a privately-held medical device company developing novel collagen-based technologies for soft tissue injury and repair, announced today the expansion and clinical use cases of TAPESTRY® Biointegrative Implant in the U.S. market. TAPESTRY Biointegrative Implant is the first collagen-based implant with a bioengineered micro-architecture and biostimulative, highly organized type I collagen chemistry specifically designed

03/10/2021

Innovation alliance unveils new name and strategic plan for Western Virginia

A strategic alliance has a new name — Verge — and a new vision of acting as the front door for an innovation economy that stretches from Lynchburg to the New River Valley. Formed last year, the alliance is a joint mission of the Valleys Innovation Council, the Roanoke-Blacksburg Technology Council and the Regional Accelerator