TEDCO portfolio companies honored at the state’s premier bioscience event
COLUMBIA, Md. (April 1, 2011) – The Maryland Technology Development Corporation (TEDCO) announced today that several of its portfolio companies were honored as part of the Greater Baltimore Committee’s (GBC) Sixth Annual Maryland Bioscience Awards, which was held in Baltimore on March 29, 2011. The Sixth Annual Maryland Bioscience Awards recognize outstanding achievements in Maryland’s bioscience industry. Nominees and winners with TEDCO affiliations include:
Best New Product or Progress Award
• Winner:
- Steven J. Kubisen, Ph.D., president and CEO, Seguro Surgical, Inc., which develops Lap Pak, a one-piece, silicone bowel packing device used in abdominal surgery. The company is a recipient of a TEDCO Maryland Technology Transfer and Commercialization Fund (MTTCF) award and a University Technology Development Fund (UTDF) award.
• Nominees:
- Active Signal Technologies, Inc., which develops a noise-immune stethoscope for use on the battlefield. The company is a recipient of a TEDCO Ft. Detrick Technology Transfer Initiative (FDTTI) award.
- CSA Medical which allows physicians to quickly and easily freeze, destroy and remove unwanted tissue, freeing patients from discomfort and worry. The company is a TEDCO MTTCF award recipient.
Entrepreneurial Spirit Award
• Winner:
- Gary Lessing, president and CEO of Corridor Pharmaceuticals., which develops inhibitors to an enzyme for pulmonary hypertension and other conditions. The company is a recipient of a TEDCO UTDF grant.
• Nominees:
- M. Javad Aman, Ph.D., president and CSO of Integrated BioTherapeutics, Inc., which develops a multivalent vaccine against three toxins produced by Staph bacteria: SEB, SEA and TSST-1. The company is a recipient of a TEDCO MTTCF and FDTTI award.
- Kris Appel, president of Encore Path, Inc., which develops clinically proven stroke rehabilitations devices. The company is a recipient of a TEDCO MTTCF award.
- Justin Hartings, Ph.D., president of Biaera, which develops automated laboratory systems and services for real-time control of processes associated with aerosol exposure testing in animals and the associated acquisition of data. Biaera also develops a computer-controlled aerosol delivery system that automates and standardizes the equipment and procedures. The company is a recipient of a TEDCO FDTTI award.
Leadership in Bioscience Award
• Judge:
- Stephen P. Auvil, vice president of technology transfer and commercialization at TEDCO, served as a judge for this program and presented the award.
“TEDCO is extremely proud of our portfolio companies for achieving innovation and success within Maryland’s bioscience community,” said Rob Rosenbaum, president and executive director of TEDCO. “These awards celebrate the work of visionaries driving Maryland's prominence in the bioscience research arena while stimulating our economy. We congratulate the nominees and winners and thank the Greater Baltimore Committee for facilitating this important recognition program.”
In order to be considered for a Maryland Bioscience Award, individuals and companies needed to be nominated. Nominations were open from January 18, 2011 through March 4, 2011. Winners were selected by a panel of judges from among 19 nominees submitted by businesses, bioscience advocates, higher education institutions and government agencies. The program was sponsored by DLA Piper, The Daily Record and the Maryland Biotechnology Center.