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 …