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Serial Entrepreneur Ken Malone Named BHI Entrepreneur-in-Residence to Offer Commercialization Guidance to Start-Ups Based on UM Discoveries
Date:4/22/2013

ROCKVILLE, Md. and BALTIMORE, April 22, 2013 /PRNewswire/ -- BioHealth Innovation, Inc. (BHI), a regional private-public partnership focusing on commercializing market-relevant biohealth innovations and increasing access to early-stage funding in Central Maryland, today announced its selection of Ken Malone, Ph.D., of Early Charm Ventures, as the first BHI Entrepreneur-in-Residence (EIR) assigned to work directly with UM Ventures. Dr. Malone, a serial entrepreneur who has founded or been an officer of five biotechnology or advanced materials companies, will help advance the commercialization efforts of new start-up companies based upon innovative discoveries coming out of research programs at the University of Maryland (UMD) College Park and Baltimore.

"We're thrilled to name Ken Malone as an EIR," said Richard Bendis, BHI President & CEO. "Ken and I have a long history of working together, so I know first hand that he has the experience, drive and perspective to be a true asset to BHI and to the many start-ups he'll serve from University of Maryland in support of the newly launched UM Ventures initiative." Dr. Malone will assist any interested UM start-ups once they have been launched.

"Maryland's future lies in unlocking the economic potential of the science and talent of our universities," said Dr. Malone. "Through my experience as CEO of a UM BioPark-based company, I'm very familiar with the University of Maryland's world-class research and strong commitment to commercialization. It is a privilege to b
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SOURCE BioHealth Innovation, Inc.
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