Navigation Links
Tech firm joins the 'billion dollar club' -- with university help
Date:12/23/2010

COLLEGE PARK, Md. The latest success of Martek Biosciences, a rising-star among Maryland biotechs, began more than a decade ago in a plain, brick building on the University of Maryland campus. With a good idea and early-stage nurturing from the university's Maryland Technology Enterprise Institute (Mtech), the company has been able to grow into a major international business.

On December 21, a Dutch firm acquired Martek for $1.1 billion <http://www.mtech.umd.edu/news/news_story.php?id=5408> the latest in a string of successes for Mtech alums. It's the second Mtech 'graduate' company to sell for more than $1 billion in the past three years. Digene Corporation, which also made extensive use of Mtech's innovative array of venture-building and biotechnology support, sold for $1.6 billion in 2007.

"The success of Martek and other Mtech graduates illuminates the path to economic growth and job creation for the state," said University of Maryland President Wallace D. Loh. "Nurturing and supporting innovators early on is a smart investment. The university's concentration of technological, business and economic expertise can make the critical difference for Maryland entrepreneurs and innovators seeking to turn a bright idea into a thriving business that can benefit many."

Martek made its mark by developing a process for producing DHA from microbial algae. It says its sustainable, vegetarian DHA is now widely used in products such as infant formula in 99 percent of formula sold in the U.S. The company acknowledges Mtech's vital role in the company's success.

In 1985, Martek entered Mtech's Technology Advancement Program (TAP) incubator. Then, with funding from Mtech's Maryland Industrial Partnerships program, Martek turned to the university's Bioprocess Scale-Up Facility to see if its process could be commercialized.

"When I came to Mtech years ago, we h
'/>"/>

Contact: Neil Tickner
ntickner@umd.edu
301-405-4622
University of Maryland
Source:Eurekalert

Page: 1 2 3

Related biology news :

1. FSU joins coalition working to improve nations power grid
2. GEN joins Charles Darwin 2009 celebration
3. Genomatix joins Illumina-Connect program
4. Internationally acclaimed researcher joins UH faculty thanks to $5.5 million grant
5. Mycotoxin Research joins Springers life sciences journals program
6. Anatomical Science International joins Springers publishing program
7. DEIMOS joins MARS and its satellite of instruments on seafloor
8. Association for Molecular Pathology joins ACLU to challenge gene patents
9. Monell Center joins with CAS to host Beijing meeting on taste and smell research
10. Aware, Inc. Joins HIMSS10 Interoperability Showcase to Demonstrate Standards-Based Medical Image Sharing
11. Startup joins UCLA tech incubator to develop technologies for drug discovery, screening
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/11/2014)... 11, 2014 Research and Markets ... Technology Market - Industry Analysis Size Share Growth Trends ... http://photos.prnewswire.com/prnh/20130307/600769 ... created a need for high level security in both ... authentication such as username and passwords, tokens etc. are ...
(Date:7/10/2014)... Albuquerque, and other major cities in New Mexico, nearly ... municipal wastewater rather than precious potable water supplies. Across ... of all golf courses receive treated effluent. Reusing the ... Additionally, golf courses and homeowners alike fertilize their lawns ... is nitrate. A New Mexico State University turfgrass expert ...
(Date:7/10/2014)... June 30, 2014  Aware, Inc. (NASDAQ: ... services, previously announced on June 26, 2014 that its ... of $1.75 per share, or approximately $40 million in ... 10, 2014 and a payment date of July 24, ... it had set an ex-dividend date for this special ...
Breaking Biology News(10 mins):International Biometrics Technology Market - Industry Analysis Size Share Growth Trends and Forecast to 2019 2'Tailored' water -- the latest in lawn care 2NASDAQ Sets Ex-Dividend Date for Aware, Inc.'s Special Cash Dividend of $1.75 Per Share 2
... Bethesda, MD FASEB MARC (Minority Access to ... recipients for the 19th Annual International Conference on ... the 10th European Conference on Computational Biology (ECCB), ... Computational Biology (ISCB) in Vienna, Austria from July ...
... Forest Service,s Pacific Northwest Research Station presents summaries of ... carbon and forest products to lichens and invasive species. ... Alaska, 2004-2008, highlights key findings from the most recent ... Analysis (FIA) unit. Written by a group of 15 ...
... the authors, readers and editors of the Pensoft journal ... majority of respondents (84 %) are willing to publish their ... use, share or integrate with other data" said Dr Lyubomir ... incentives to publish data, the scientists mentioned that ...
Cached Biology News:New report highlights diversity and value of Alaska's coastal forests 2Data publishing policies and guidelines for biodiversity data by Pensoft 2
(Date:7/13/2014)... discovery 30 years ago of soccer-ball-shaped carbon molecules called ... Now, there appears to be a new ball on ... and Tsinghua University in China have shown that a ... cage similar to a carbon buckyball. It,s the first ... matter of speculationdoes indeed exist. , "This is the ...
(Date:7/12/2014)... July 12, 2014 This ... reagents used in the life science industry. ... life science reagents market towards remarkable growth. ... and providers of life science reagents. , ... http://www.transparencymarketresearch.com/life-sciences-reagents-analytical-reagents.html . , The global life ...
(Date:7/11/2014)... , July 11, 2014 , Not ... in, into or from any jurisdiction where to do so ... jurisdiction.  Shire plc ("Shire" or the "Company") (LSE: ... this afternoon.  Shire confirms it has held a meeting with ... by Shire without the prior agreement or approval of AbbVie. ...
(Date:7/11/2014)... BCC Research ( http://www.bccresearch.com ) reveals in its ... TECHNOLOGY: GLOBAL MARKETS , the global market for digital ... in 2013. This is estimated to grow to $490 ... rate (CAGR) of 28.6%. , New digital PCR technology ... within the broader PCR field. The opportunities presented by ...
Breaking Biology Technology:Researchers discover boron 'buckyball' 2Researchers discover boron 'buckyball' 3Transparency Market Research: Life Science Reagents Market- PCR Reagent Kits, Cell and Tissue Culture, Flow Cytometry, Electrophoresis and Chromatography 2Transparency Market Research: Life Science Reagents Market- PCR Reagent Kits, Cell and Tissue Culture, Flow Cytometry, Electrophoresis and Chromatography 3Shire plc - Statement re: Media Speculation 2Global Market for Digital Polymerase Chain Reaction Technology to Reach $490 Billion by 2018; Equipment Sector Accounts for the Fastest Growing Segment With 33% CAGR 2Global Market for Digital Polymerase Chain Reaction Technology to Reach $490 Billion by 2018; Equipment Sector Accounts for the Fastest Growing Segment With 33% CAGR 3
... Annual Revenues Up, Net Loss Down, Cash Position Strong, as Pipeline ... ... (Nasdaq: EXEL ) today reported financial results for the full,year and ... $113.5 million, compared to $98.7 million in,2006. The increase in revenues for ...
... PALO ALTO, Calif., Feb. 14 Telik, Inc.,(Nasdaq: ... webcast will,be held on Thursday, February 21, 2008 at ... release earlier that day of the company,s,financial results for ... The conference call will be accessible via Telik,s ...
... Executives from Senexis,and O2H, both located in Cambridge, ... synthetic and computational chemistry services to the drug,discovery ... "We believe our collaboration with O2H leverages the ... search for new,therapeutics to treat ageing-related diseases by ...
Cached Biology Technology:Exelixis Announces Full Year and Fourth Quarter 2007 Financial Results 2Exelixis Announces Full Year and Fourth Quarter 2007 Financial Results 3Exelixis Announces Full Year and Fourth Quarter 2007 Financial Results 4Exelixis Announces Full Year and Fourth Quarter 2007 Financial Results 5Exelixis Announces Full Year and Fourth Quarter 2007 Financial Results 6Exelixis Announces Full Year and Fourth Quarter 2007 Financial Results 7Exelixis Announces Full Year and Fourth Quarter 2007 Financial Results 8Exelixis Announces Full Year and Fourth Quarter 2007 Financial Results 9Senexis and O2H (Oxygen Healthcare) Announce Medicinal Chemistry Collaboration 2
Anti Autotaxin /ENPP2 , - (Rabbit)...
...
... 2-Deoxy-2-(3-methyl-3-nitrosoureido)-D-glucopyranose Pale yellow solid. An ... a nitric oxide donor in pancreatic ... bacteria. Causes DNA alkylation and DNA ... Purity: ≥95% by HPLC. Soluble in ...
... a silica based spin filter membrane to isolate ... DNA band is cut from an agarose gel ... The gel slice is melted irreversibly in a ... bound to the silica spin filter membrane and ...
Biology Products: