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TEDCO Invests in Simmbion

Nonadherence to therapy in chronic disease leads to poor outcomes and high cost. It is estimated that the rate of adherence to chronic medications is only in the range of 50%, which is responsible for half of all treatment failures and up to 25% of US hospitalizations each year. Because of this reality, Simmbion, LLC, located in Baltimore, Md., is working to develop a long-term cellular factory approach for the delivery biologics similar to insulin and GLP-1 to hopefully deliver safer treatments and reduce the cost and time of care. This synthetic cell technology possesses features such as being disease-agnostic, tunable and universally immune-compatible and requires only minimal cold-chain logistics.

Posted August 26, 2024

About TEDCO

TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.

Media Contacts

Tammi Thomas, President, TEDCO, tthomas@tedcomd.com

Rachael Kalinyak, Associate Director, Marketing & Communications, TEDCO, rkalinyak@tedcomd.com