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Economic Alliance of Greater Baltimore Inks Business Partnership with BioHealth Innovation to Bring Health and Life Sciences Research to Market
Date:6/19/2012

lead BHI's efforts to establish Entrepreneurs-in-Residence at Johns Hopkins University and University of Maryland, Baltimore.

"Our corporate partners and UM Ventures—a commercialization initiative of the University of Maryland, Baltimore and UM College Park—are working with the UMB BioPark and other elements of the University System of Maryland to develop technologies in numerous fields, including genome sciences, advanced bioengineering, and infectious diseases," said William E. "Brit" Kirwan, chancellor of the University System of Maryland and a board member of both BHI and EAGB. "Through this coordinated effort and injection of support, we look to accelerate commercialization activity at the University of Maryland."

Johns Hopkins University President Ronald J. Daniels, also a board member of BHI, commented on the value of the partnership.

"This collaboration will strengthen our ability to attract and create both early stage and mature firms and bring them to the new Science + Technology Park at Johns Hopkins where they will have direct access to our East Baltimore medical and research complex and the opportunity to work side-by-side with the best medical professionals in the world."

BHI will establish an office at EAGB's headquarters at Baltimore's Inner Harbor. Immediate and long-term objectives include collaboration on a Regional Entrepreneurs Innovation and Financing Guide, the creation of a Baltimore-area Health Care IT accelerator, and coordination of a national BioHealth conference and related events to be hosted in the Baltimore-area.

"BHI's experience in successfully managing programs of this kind—paired with EAGB's leading efforts to market Baltimore's wealt
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SOURCE Economic Alliance of Greater Baltimore
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