Tag Archives: UM Ventures

UMB licences potential prostate cancer treatment to startup

(AlexLipa / Depositphotos.com)

The University of Maryland, Baltimore has granted Educational & Scientific, LLC an exclusive license with the potential to treat prostate cancer, UM Ventures announced Monday. The agreement allows Educational & Scientific to develop Galeterone, a molecule that could inhibit prostate ...

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Universities move forward as drivers of Md. startup economy

Ellen Hemmerly, MBA, Executive Director of bwtech@UMBC Research and Technology Park.  (The Daily Record/Maximilian Franz)

After years of groundwork, Maryland universities saw more tangible results this year from their efforts to support new startups formed from university technology. State and university officials hope this year’s results show a state gaining traction as it looks to ...

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UMB startup Harpoon Medical acquired for $100 million

In this Sept. 24, 2013, file photo, freshly-cut stacks of $100 bills make their way down the line at the Bureau of Engraving and Printing Western Currency Facility in Fort Worth, Texas.(AP Photo/LM Otero, File)

University of Maryland, Baltimore startup Harpoon Medical was acquired by Edwards Lifesciences for $100 million, Edwards announced Wednesday. The deal could rise to $150 million if Harpoon meets pre-specified milestones. Harpoon’s primary product is a device designed to facilitate beating-heart, ...

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M-1 Ventures picks the companies for its first cohort

(File photo)

M-1 Ventures, the health technology accelerator sponsored by Johns Hopkins, Plank Industries and the University of Maryland, chose five companies to participate in its first cohort. These companies will each receive $25,000 and go through a 16-week program with one-on-one ...

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Acquiring tech assets drives some deals

The VBOC will be led by UMD Principal Investigator and Chief Innovation Officer Julie Lenzer.
(The Daily Record/File Photo)

  With a slogan of “Turning plant floor data into actionable information,” Julie Lenzer founded the software company Applied Creative Technologies Inc. in 1995. Focused on data collection, data mining and analytics in the food manufacturing sector, Lenzer’s company started ...

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UM Ventures program finds success with Living Pharma acquisition

Living Pharma, Inc. Board of Directors, from left, Ron Dudek, Eduardo Davila, Phil Robilotto (Living Pharma photo)

Lentigen acquired University of Maryland, Baltimore startup Living Pharma last week just 18 months after the company was founded, an initial success for a university program designed to turn languishing technologies into successful companies. The New Ventures Initiative, run out ...

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Startup will develop UMB disease-detection technology

The University of Maryland, Baltimore has spawned a new startup that will use genome research to target inflammatory bowel ailments such as Crohn's disease. Technology developed by two doctors from the Institute for Genome Sciences at the university's medical school looks at the genomes of bacteria in the human gut to detect diseases such as ulcerative colitis and Crohn's.

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UMB pumps $100K into artificial lung company

The University of Maryland, Baltimore has invested $100,000 in a Baltimore company called Breethe, Inc. to help market a wearable, artificial lung system developed at the University of Maryland School of Medicine. The investment was made through UM Ventures, a partnership between UMB and the University of Maryland, Baltimore County that allows the schools to commercialize technology developed by their students and faculty. Dr. Bartley P. Griffith, executive director of the medical school's Program in Lung Healing, developed the core technology behind the portable blood pump oxygenator and founded Breethe to commercialize the product in 2014.

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