TDR: TEDCO grant to help fund stem cell research at Johns Hopkins Medicine
The grant will go toward Longeveron’s clinical trial examining the safety and efficacy of its allogeneic mesenchymal stem cell product to improve flu vaccine immune-response in elderly patients with frailty.
3D brain organoid generation kit now available from Elixirgen Scientific
Elixirgen Scientific’s new kit, Quick-miniBrain™ uses ES/iPSC differentiation to form miniaturized, 3D human brain tissues for drug discovery and toxicity screening.
TEDCO awards $7.1 million to 25 stem cell projects in Maryland
To date, more than $139 million has been committed to over 400 research projects in the state through the fund. Earlier this year, TEDCO awarded $1.1 million to four other stem cell projects. All fund-sponsored projects must be conducted in Maryland and involve human stem cells.
Insightin Health, a local health IT startup, just raised $2M in seed funding
Insightin Health, a Gaithersburg data startup that connects health insurers with consumers, has raised $2 million in seed financing. New York-based venture capital firm Health Catalyst Capital Management led the round with participation from several local investors.
This TEDCO funding initiative is giving rural small business a shot at growth
TEDCO has awarded an herbal medicine company in Queen Anne’s County the first round of pre-seed funding offered through its recently expanded Rural Business Innovation Initiative. Lisa Ball, CEO of Plum Dragon, received a $25,000 investment to help grow her Chinese herb business.
TEDCO to Host Entrepreneur Expo & Stem Cell Symposium on October 30
TEDCO, Maryland’s economic engine for technology companies, announced its annual Entrepreneur Expo & Stem Cell Symposium. Steve Case will serve as the event’s keynote speaker.
Sterling Partners, TEDCO fund provide Series A funding for Cerebro Capital
Sterling Partners and the State of Maryland’s TEDCO fund raised Series A funding for Cerebro Capital, an online platform that helps companies analyze, manage and source their corporate credit facilities. Terms of the deal were not disclosed.
Startup aims for FDA clearance on medical device to improve communication in surgery
TEDCO portfolio company ClearMask, a Baltimore startup, is working toward gaining clearance from the U.S. Food and Drug Administration for its device that could improve in-surgery communication.