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BioHealth Innovation

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uuid000b7bs

Namestring
BioHealth Innovation
Legal namestring
BioHealth Innovation, Inc.
Company typeenum
Private
Founded yearint
2011
Descriptiontext

BioHealth Innovation, Inc. (BHI) is a public-private nonprofit innovation intermediary founded in 2011 and headquartered at 1 Church Street, Suite 801 in Rockville, Maryland. The organization operates exclusively in the BioHealth Capital Region spanning Maryland, Virginia, and Washington D.C., and its stated purpose is to translate market-relevant research into commercial success by connecting management, funding, and markets with biohealth innovators. BHI draws on a deep bench of 60+ Entrepreneurs-in-Residence, an advisory board drawn from major life sciences companies (Johnson & Johnson/JLABS, AstraZeneca, GSK, Amgen, Emergent BioSolutions), real estate and capital partners (Alexandria Real Estate Equities, M&T Bank), and academic institutions (Johns Hopkins, George Mason University, Virginia Tech/Fralin Biomedical Research Institute, University System of Maryland).

BHI's service portfolio comprises four core programs (Entrepreneur-in-Residence, Non-Dilutive Funding Assistance, International Soft Landing Assistance, and Business Resources) plus a content and events layer anchored by the BioTalk podcast, a weekly newsletter with 710+ editions, and the annual BioHealth Capital Region Week now in its 12th year. The BHCR Week umbrella includes the BioHealth Capital Region Forum, the Crab Trap Competition, and the BioHealth Capital Region Investment Conference. BHI also co-participates in regional showcases such as the Maryland Stem Cell Research Fund Tech Showcase and BioHorizons at the Johns Hopkins Applied Physics Laboratory. The organization's technology surface is minimal: it operates a content website, a podcast distribution channel, an email newsletter, an active LinkedIn presence, and event-management tooling rather than a proprietary software platform.

As a nonprofit, BHI is funded through government grants, program fees, event registration and sponsorship revenue, and membership or partnership contributions from regional stakeholders. Its pricing is not publicly disclosed and it does not sell a commercial product. Revenue depends materially on sustained public-private support and on the annual cycle of BHCR Week and adjacent programming. Customer-facing engagement is delivered through direct advisory work by EIRs, university and institution partnerships, and event-driven interactions with early-stage biohealth companies, academic researchers, experienced life sciences professionals, and government and economic development organizations across the BioHealth Capital Region.

Short descriptiontext

BioHealth Innovation is a Rockville, Maryland-based nonprofit innovation intermediary that connects biohealth startups, researchers, and entrepreneurs in the BioHealth Capital Region with management expertise, funding sources, and markets through EIR advisory programs, the BioTalk podcast, and the annual BioHealth Capital Region Week.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersRockville, United States
HQ citystring
Rockville
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
innovation intermediary services, biohealth commercialization, entrepreneur in residence, non-dilutive funding assistance, technology transfer services
Industry1 code
1Health Access & Social Care Innovations (Community Health, Telehealth for Underserved)
CodeBPAGALAGPrimaryYes
NAICS code2 codes
  • Scientific Research and Development Services5417
  • Research and Development in the Physical, Engineering, and Life Sciences54171
SIC code1 code
  • Services-Commercial Physical & Biological Research8731
Product category
Life Sciences Innovation Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Program Services and Grants
TypeProfessional Services
Description

BHI operates as a public-private nonprofit that generates revenue through government grants, program fees, and potentially membership or sponsorship arrangements with regional partners. The organization connects biohealth innovators with funding sources including non-dilutive funding assistance programs.

wpdev.biohealthinnovation.org
2Event Revenue
TypeProfessional Services
Description

The organization hosts signature events including the annual BioHealth Capital Region Week, Crab Trap Competition, and regional events like BioHorizons, which generate revenue through registration fees and sponsorships.

biohealthinnovation.org
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

BioHealth Innovation (BHI) is a public-private nonprofit innovation intermediary that translates market-relevant research into commercial success by connecting management, funding, and markets with biohealth innovators. The organization operates programs including Entrepreneur-in-Residence (EIR), Non-Dilutive Funding Assistance, International Soft Landing Assistance, and Business Resources, and hosts the annual BioHealth Capital Region Week alongside the BioTalk podcast and weekly newsletter.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • BioHealth Capital Region named Top 3 U.S. biopharma cluster for fourth consecutive year by GEN
+1 more record
Product overview1 text field

BioHealth Innovation (BHI) is a single, unified innovation intermediary service rather than a platform-plus-modules architecture. BHI connects management, funding, and markets with BioHealth Innovators through a coordinated set of programs and services, including the Entrepreneur-in-Residence Program, Non-Dilutive Funding Assistance, International Soft Landing Assistance, and BioHealth Innovation Business Resources. The organization also hosts the BioTalk Podcast and organizes the annual BioHealth Capital Region Week, which encompasses the BioHealth Capital Region Forum, Crab Trap Competition, and Investment Conference. The BHI Newsletter provides regular weekly updates to the regional ecosystem.

Product and service1 record
1Entrepreneur-in-Residence (EIR) Program
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-13
Description

BHI collaborates with MCEDC on regional economic development, talent initiatives, and biohealth ecosystem growth. MCEDC's Jared Smith appeared on BioTalk discussing building Montgomery County's innovation ecosystem.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-12
Description

MSCRF hosted its 3rd Annual Stem Cell and Regenerative Medicine Tech Showcase in Baltimore. BHI supports and participates in MSCRF programming to advance stem cell research commercialization in Maryland.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Joel Marcus, Executive Chairman & Founder of Alexandria Real Estate Equities (NYSE:ARE), serves on BHI's Board. Alexandria is a leading life science real estate REIT and key ecosystem partner.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Rachel Rath, Head of JLABS @ Washington DC, serves on BHI Board. JLABS is Johnson & Johnson's innovation arm providing lab space and mentorship to startups.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Anthony Lakavage, SVP Global External Affairs at USP, serves on BHI Board. USP hosts the annual BioHealth Capital Region Week at its Rockville facility.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Amy Adams, Executive Director of the Institute for BioHealth Innovation at George Mason University, serves on BHI Board. GMU is a key academic partner in the ecosystem.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Dr. Jay Perman, Chancellor of University System of Maryland, serves on BHI Board. USM includes UMB and other institutions key to the biohealth ecosystem.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Dr. Michael Friedlander, VP for Health Sciences and Technology at Virginia Tech, serves on BHI Board. The Fralin Biomedical Research Institute hosts ecosystem events.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Massachusetts-based industry association serving the life sciences cluster with programming, policy advocacy, and ecosystem services — a directly analogous regional industry intermediary to BHI's role in the BioHealth Capital Region.

TypeDirect peer
Description

Cleveland Clinic's commercialization arm that translates clinical and research IP into startups and licenses — a comparable academic-to-commercial intermediation function in another regional cluster.

TypeDirect peer
Description

State-funded nonprofit that drives life sciences industry growth in North Carolina through funding, programming, and cluster development — structurally similar to BHI's public-private nonprofit model serving a competing regional cluster.

TypeEmerging player
Description

Venture-backed biotech accelerator providing capital, lab space, and mentorship to early-stage biology startups — a comparable but for-profit, venture-funded intermediation model.

TypeDirect peer
Description

California life sciences association operating the San Diego and broader California cluster with advocacy, capital access programming, and member services — a regional peer competing for biopharma cluster leadership.

TypeDirect peer
Description

San Francisco / San Diego biotech co-working and accelerator providing lab space and programming to early-stage life sciences startups — a comparable intermediation model with physical infrastructure.

TypeBroad incumbent
Description

J&J's no-strings-attached incubator network providing lab space, mentorship, and capital connections to biotech startups; JLABS @ Washington DC sits on BHI's board, and JLABS is a comparable (but better-capitalized) innovation intermediary.

TypeBroad incumbent
Description

The largest global biotech trade association hosting BIO International Convention (where BHI's CEO represents the BHCR region); a broader incumbent whose convening platform overlaps with BHI's BHCR Week.

TypeDirect peer
Description

St. Louis-based nonprofit that creates and funds biohealth startups from academic IP, runs an EIR-style support model, and provides lab space and grant assistance — highly comparable to BHI's EIR and Non-Dilutive Funding Assistance programs.

TypeDirect peer
Description

Trade association representing the California life sciences industry, providing networking, capital formation, and policy advocacy services analogous to BHI's regional convening role.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

BioHealth Innovation

Life Sciences Innovation Servicesbiohealthinnovation.org

BioHealth Innovation is a Rockville, Maryland-based nonprofit innovation intermediary that connects biohealth startups, researchers, and entrepreneurs in the BioHealth Capital Region with management expertise, funding sources, and markets through EIR advisory programs, the BioTalk podcast, and the annual BioHealth Capital Region Week.

What BioHealth Innovation does

BioHealth Innovation, Inc. (BHI) is a public-private nonprofit innovation intermediary founded in 2011 and headquartered at 1 Church Street, Suite 801 in Rockville, Maryland. The organization operates exclusively in the BioHealth Capital Region spanning Maryland, Virginia, and Washington D.C., and its stated purpose is to translate market-relevant research into commercial success by connecting management, funding, and markets with biohealth innovators. BHI draws on a deep bench of 60+ Entrepreneurs-in-Residence, an advisory board drawn from major life sciences companies (Johnson & Johnson/JLABS, AstraZeneca, GSK, Amgen, Emergent BioSolutions), real estate and capital partners (Alexandria Real Estate Equities, M&T Bank), and academic institutions (Johns Hopkins, George Mason University, Virginia Tech/Fralin Biomedical Research Institute, University System of Maryland).

BHI's service portfolio comprises four core programs (Entrepreneur-in-Residence, Non-Dilutive Funding Assistance, International Soft Landing Assistance, and Business Resources) plus a content and events layer anchored by the BioTalk podcast, a weekly newsletter with 710+ editions, and the annual BioHealth Capital Region Week now in its 12th year. The BHCR Week umbrella includes the BioHealth Capital Region Forum, the Crab Trap Competition, and the BioHealth Capital Region Investment Conference. BHI also co-participates in regional showcases such as the Maryland Stem Cell Research Fund Tech Showcase and BioHorizons at the Johns Hopkins Applied Physics Laboratory. The organization's technology surface is minimal: it operates a content website, a podcast distribution channel, an email newsletter, an active LinkedIn presence, and event-management tooling rather than a proprietary software platform.

As a nonprofit, BHI is funded through government grants, program fees, event registration and sponsorship revenue, and membership or partnership contributions from regional stakeholders. Its pricing is not publicly disclosed and it does not sell a commercial product. Revenue depends materially on sustained public-private support and on the annual cycle of BHCR Week and adjacent programming. Customer-facing engagement is delivered through direct advisory work by EIRs, university and institution partnerships, and event-driven interactions with early-stage biohealth companies, academic researchers, experienced life sciences professionals, and government and economic development organizations across the BioHealth Capital Region.

BioHealth Innovation firmographics

Firmographics
Name
BioHealth Innovation
Legal name
BioHealth Innovation, Inc.
Website
https://biohealthinnovation.org
Company type
Private
Founded year
2011
Operating status
Operating
Headcount range
11–50 employees
Short description
BioHealth Innovation is a Rockville, Maryland-based nonprofit innovation intermediary that connects biohealth startups, researchers, and entrepreneurs in the BioHealth Capital Region with management expertise, funding sources, and markets through EIR advisory programs, the BioTalk podcast, and the annual BioHealth Capital Region Week.
Ownership category
akta.pro rank

BioHealth Innovation industry classification

Industry
Product category
Life Sciences Innovation Services
NAICS
Scientific Research and Development Services (5417), Research and Development in the Physical, Engineering, and Life Sciences (54171)
SIC
Services-Commercial Physical & Biological Research (8731)
akta.pro primary industry
Health Access & Social Care Innovations (Community Health, Telehealth for Underserved) (BPAGALAG)

Keywords

  • Innovation intermediary services
  • Biohealth commercialization
  • Entrepreneur in residence
  • Non-dilutive funding assistance
  • Technology transfer services

Where BioHealth Innovation is headquartered

Location

Headquarters

HQ city
Rockville
HQ country
United States
HQ region
North America

Offices3 records

Markets served

BioHealth Innovation business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Others

Revenue model

  1. Program Services and Grants: BHI operates as a public-private nonprofit that generates revenue through government grants, program fees, and potentially membership or sponsorship arrangements with regional partners. The organization connects biohealth innovators with funding sources including non-dilutive funding assistance programs.
  2. Event Revenue: The organization hosts signature events including the annual BioHealth Capital Region Week, Crab Trap Competition, and regional events like BioHorizons, which generate revenue through registration fees and sponsorships.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

BioHealth Innovation product offering

Product offering

Core offering

BioHealth Innovation (BHI) is a public-private nonprofit innovation intermediary that translates market-relevant research into commercial success by connecting management, funding, and markets with biohealth innovators. The organization operates programs including Entrepreneur-in-Residence (EIR), Non-Dilutive Funding Assistance, International Soft Landing Assistance, and Business Resources, and hosts the annual BioHealth Capital Region Week alongside the BioTalk podcast and weekly newsletter.

Product overview

BioHealth Innovation (BHI) is a single, unified innovation intermediary service rather than a platform-plus-modules architecture. BHI connects management, funding, and markets with BioHealth Innovators through a coordinated set of programs and services, including the Entrepreneur-in-Residence Program, Non-Dilutive Funding Assistance, International Soft Landing Assistance, and BioHealth Innovation Business Resources. The organization also hosts the BioTalk Podcast and organizes the annual BioHealth Capital Region Week, which encompasses the BioHealth Capital Region Forum, Crab Trap Competition, and Investment Conference. The BHI Newsletter provides regular weekly updates to the regional ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

  • Entrepreneur-in-Residence (EIR) Program

Quantifiable outcome

  • BioHealth Capital Region named Top 3 U.S. biopharma cluster for fourth consecutive year by GEN
  • +1 more outcomes

Companies that use BioHealth Innovation

Customer profile

Named customers5 records

Segments4 records

Ideal customer profiles3 records

BioHealth Innovation technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

BioHealth Innovation partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered core.

  • Montgomery County Economic Development Corporation (MCEDC)coreStrategic or Co-development Partner · 13 May 2026BHI collaborates with MCEDC on regional economic development, talent initiatives, and biohealth ecosystem growth. MCEDC's Jared Smith appeared on BioTalk discussing building Montgomery County's innovation ecosystem.
  • Maryland Stem Cell Research Fund (MSCRF)coreStrategic or Co-development Partner · 12 May 2026MSCRF hosted its 3rd Annual Stem Cell and Regenerative Medicine Tech Showcase in Baltimore. BHI supports and participates in MSCRF programming to advance stem cell research commercialization in Maryland.
  • Alexandria Real Estate EquitiescoreStrategic or Co-development PartnerJoel Marcus, Executive Chairman & Founder of Alexandria Real Estate Equities (NYSE:ARE), serves on BHI's Board. Alexandria is a leading life science real estate REIT and key ecosystem partner.
  • JLABS @ Washington DCcoreStrategic or Co-development PartnerRachel Rath, Head of JLABS @ Washington DC, serves on BHI Board. JLABS is Johnson & Johnson's innovation arm providing lab space and mentorship to startups.
  • US PharmacopeiacoreStrategic or Co-development PartnerAnthony Lakavage, SVP Global External Affairs at USP, serves on BHI Board. USP hosts the annual BioHealth Capital Region Week at its Rockville facility.
  • George Mason UniversitycoreStrategic or Co-development PartnerAmy Adams, Executive Director of the Institute for BioHealth Innovation at George Mason University, serves on BHI Board. GMU is a key academic partner in the ecosystem.
  • University System of MarylandcoreStrategic or Co-development PartnerDr. Jay Perman, Chancellor of University System of Maryland, serves on BHI Board. USM includes UMB and other institutions key to the biohealth ecosystem.
  • Virginia Tech / Fralin Biomedical Research InstitutecoreStrategic or Co-development PartnerDr. Michael Friedlander, VP for Health Sciences and Technology at Virginia Tech, serves on BHI Board. The Fralin Biomedical Research Institute hosts ecosystem events.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

BioHealth Innovation competitors and assessment

Company assessment

Direct peers

  • MassBio: Massachusetts-based industry association serving the life sciences cluster with programming, policy advocacy, and ecosystem services — a directly analogous regional industry intermediary to BHI's role in the BioHealth Capital Region.
  • Cleveland Clinic Innovations: Cleveland Clinic's commercialization arm that translates clinical and research IP into startups and licenses — a comparable academic-to-commercial intermediation function in another regional cluster.
  • NCBiotech (North Carolina Biotechnology Center): State-funded nonprofit that drives life sciences industry growth in North Carolina through funding, programming, and cluster development — structurally similar to BHI's public-private nonprofit model serving a competing regional cluster.
  • Biocom: California life sciences association operating the San Diego and broader California cluster with advocacy, capital access programming, and member services — a regional peer competing for biopharma cluster leadership.
  • MBC BioLabs: San Francisco / San Diego biotech co-working and accelerator providing lab space and programming to early-stage life sciences startups — a comparable intermediation model with physical infrastructure.
  • BioGenerator: St. Louis-based nonprofit that creates and funds biohealth startups from academic IP, runs an EIR-style support model, and provides lab space and grant assistance — highly comparable to BHI's EIR and Non-Dilutive Funding Assistance programs.
  • California Life Sciences (CLSA): Trade association representing the California life sciences industry, providing networking, capital formation, and policy advocacy services analogous to BHI's regional convening role.

Emerging players

  • IndieBio (SOSV): Venture-backed biotech accelerator providing capital, lab space, and mentorship to early-stage biology startups — a comparable but for-profit, venture-funded intermediation model.

Broad incumbents

  • JLABS (Johnson & Johnson Innovation): J&J's no-strings-attached incubator network providing lab space, mentorship, and capital connections to biotech startups; JLABS @ Washington DC sits on BHI's board, and JLABS is a comparable (but better-capitalized) innovation intermediary.
  • BIO (Biotechnology Innovation Organization): The largest global biotech trade association hosting BIO International Convention (where BHI's CEO represents the BHCR region); a broader incumbent whose convening platform overlaps with BHI's BHCR Week.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

BioHealth Innovation social profiles

Digital presence

BioHealth Innovation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

BioHealth Innovation leadership team

Management profile

Number of profiles

Profiles3 records

BioHealth Innovation funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

BioHealth Innovation M&A and investment

M&A and investment

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BioHealth Innovation

What does BioHealth Innovation do?

BioHealth Innovation (BHI) is a public-private nonprofit innovation intermediary that translates market-relevant research into commercial success by connecting management, funding, and markets with biohealth innovators. The organization operates programs including Entrepreneur-in-Residence (EIR), Non-Dilutive Funding Assistance, International Soft Landing Assistance, and Business Resources, and hosts the annual BioHealth Capital Region Week alongside the BioTalk podcast and weekly newsletter.

Is BioHealth Innovation a public or private company?

BioHealth Innovation is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was BioHealth Innovation founded?

BioHealth Innovation was founded in 2011. It employs 11 to 50 people.

Where is BioHealth Innovation based?

BioHealth Innovation is headquartered in Rockville, United States, in the North America region.

How does BioHealth Innovation make money?

Two revenue lines are on record. Program Services and Grants are the primary driver. The others are event Revenue.

Who are BioHealth Innovation's main competitors?

Direct peers on record are MassBio, Cleveland Clinic Innovations, NCBiotech (North Carolina Biotechnology Center), Biocom, MBC BioLabs, BioGenerator and California Life Sciences (CLSA). IndieBio (SOSV) is listed as an emerging player. Broad incumbents are JLABS (Johnson & Johnson Innovation) and BIO (Biotechnology Innovation Organization).

Does BioHealth Innovation have an API?

No public API is recorded for BioHealth Innovation.

What industry is BioHealth Innovation in?

BioHealth Innovation's product category is Life Sciences Innovation Services. Its primary akta.pro industry code is BPAGALAG, Health Access & Social Care Innovations (Community Health, Telehealth for Underserved). Its NAICS code is 5417 and its SIC code is 8731.

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Live signals
PR NewswireDC Creative Agency Offers Virtual Solutions for Meetings Canceled by COVID 19VIVA Creative, a Metro DC live events producer and creative agency, is offering virtual event solutions to companies whose meetings and events have been canceled or postponed due to the COVID-19 pandemic. The company, which previously pivoted to online events following 9/11 and the global financial crisis, is providing alternatives including streaming, webcasting, virtual board meetings, and analyst meetings. VIVA is also hosting a free virtual event leadership summit on March 21, 2020, featuring industry leaders from organizations including BioHealth Innovation, Inc.PR NewswireNCC-PDI Announces $250K Pediatric Pitch Competition for Orthopedic Medical Device InnovatorsThe National Capital Consortium for Pediatric Device Innovation (NCC-PDI) announced its 2019 "Make Your Medical Device Pitch for Kids!" competition focused on pediatric orthopedic and spine devices, with applications due April 2 and finalists presenting on April 30. Winning companies will receive awards up to $50,000 and gain access to a newly created Pediatric Device Innovator Accelerator Program led by MedTech Innovator, with additional new partners BioHealth Innovation and Smithwise joining the consortium. The competition addresses a critical gap in pediatric device innovation, as the small market of 3,000-4,000 annual pediatric orthopedic cases has deterred most manufacturers from investing in this sector, despite children's need for appropriately sized implants.PR NewswireTaiRx, Inc. and BioHealth Innovation, Inc. Form TaiRx US to Develop and Commercialize Therapeutics and Precision Medicine DiagnosticsTaiRx, Inc. and BioHealth Innovation, Inc. announced the formation of TaiRx US, a joint venture based in Rockville, Maryland, to develop and commercialize a monoclonal antibody targeting the Nodal protein involved in aggressive cancer progression and drug resistance. The venture also aims to develop a companion diagnostic to identify patients who could benefit from the therapy, licensed from intellectual property developed by research led by Dr. Mary J.C. Hendrix. The partnership represents a 'soft landing' program enabling the Taiwan-based pharmaceutical company to establish operations in Maryland's biohealth cluster.PR NewswireBioHealth Innovation Appoints Three New Board MembersBioHealth Innovation (BHI) announced the appointment of three new board members: Ashish K. Kulkarni of Avantor, Anne Lindblad of The Emmes Corporation, and Kurt Newman of Children's National Hospital. BHI's President and CEO cited their extensive biohealth experience and fresh perspectives as the value they bring to the board. The departing board members Richard M. Ivey and David Gillece were thanked for their years of service.PR NewswireBiohealth Innovation Inc. and The MITRE Corporation Strike Strategic Partnership to Manage Rockville Innovation CenterBioHealth Innovation, Inc. (BHI) has partnered with The MITRE Corporation to manage the Rockville Innovation Center, which houses BHI's health tech startup accelerator Relevant Health. MITRE will provide technical mentorship to RIC startups in cybersecurity and serve as an innovation bridge between the private and public sectors, while BHI handles center management operations. The partnership aims to accelerate growth in cybersecurity and health technology industries in Montgomery County, Maryland, supporting early-stage technology companies as they develop toward commercialization.PR NewswireMaryland Economic Development Corporation Partners With Biohealth Innovation, Inc. To Manage Germantown Innovation CenterThe Maryland Economic Development Corporation (MEDCO) selected BioHealth Innovation, Inc. (BHI) to manage the Germantown Innovation Center (GIC), a biohealth and biotech incubator facility located at Montgomery College's Pinkney Innovation Complex. BHI will lead overall management, programming, and entrepreneurial support, including recruiting new companies to the facility, while Montgomery College will provide resources such as biotechnology faculty, equipment, and talent access. The partnership aims to strengthen the biohealth ecosystem in Montgomery County by supporting the growth of early-stage biomedical startups.PR NewswireBHI Appoints New Board Members From Immunomic, Montgomery CountyBioHealth Innovation, Inc. (BHI) appointed William Hearl, Founder and CEO of Immunomic Therapeutics, Inc., and Lily Qi, Assistant Chief Administrative Officer for Economic and Workforce Development in Montgomery County, to its Board of Directors. Dr. Hearl's expertise in immunotherapies and economic development experience from Ms. Qi are expected to strengthen BHI's strategic direction. Both appointees have a history of contributing to biotechnology innovation and economic strategies in Maryland.PR NewswireEconomic Alliance of Greater Baltimore and BioHealth Innovation, Inc. Announce Key Findings of BioHealth Index for Central MarylandThe Economic Alliance of Greater Baltimore and BioHealth Innovation, Inc. released the BioHealth Innovation Index for Central Maryland at the Second Annual Regional BioTech Forum on April 18-19, 2016 in Gaithersburg, Maryland, providing a comprehensive analysis of the region's biohealth industry standing. Key findings show the region ranks first among peer markets for biohealth worker concentration and has three times the average of R&D professionals, with universities receiving over $1.7 billion in biohealth R&D and $1.06 billion in venture capital investment from 2010-2014. The organizations aim to position the region among the top three biotech hubs in the U.S. by 2023.PR NewswireBioHealth Innovation, Inc. Awarded $495K Grant by U.S. Economic Development Administration (EDA)BioHealth Innovation, Inc. (BHI) has been awarded a $495,000 grant by the U.S. Economic Development Administration's Office of Innovation and Entrepreneurship through the 2015 Regional Innovation Strategies program. The funding will support the expansion of BHI's Venture Commercialization Model into Maryland's biohealth and biotechnology markets, aiming to develop new companies, raise capital, and create jobs. BHI was one of 25 programs selected from over 170 applicants competing for a total of $10 million in grants.PR NewswireBHI's President and CEO Rich Bendis Appointed to Maryland Life Sciences Advisory BoardRich Bendis, President and CEO of BioHealth Innovation, Inc., was appointed to the Maryland Life Sciences Advisory Board alongside several other industry and academic leaders. In a related governance change, University System of Maryland Chancellor Robert L. Caret joined the BHI Board of Directors to provide academic perspective on biohealth innovations.