Columbia

Paving the way for innovation in healthcare and economic advancement

COLUMBIA, Md., (November 7, 2024)TEDCO, Maryland’s economic engine for technology companies, announces the panel “FDA Modernization: Opportunities for Patient Impact and Economic Development” to take place at the upcoming 2024 Entrepreneur Expo at the Renaissance Baltimore Harborplace Hotel on December 4, 2024.

The session will focus on the Food and Drug Administration (FDA) Modernization Act of 2022, which opens unprecedented opportunities to integrate cutting-edge technologies—such as AI-driven drug discovery, bioprinting and organ-on-a-chip platforms—into the regulatory pipeline. By leveraging these advanced tools, the industry stands to potentially reduce both the cost and timeline of drug development, expediting patient access to breakthrough therapies while driving economic growth throughout Maryland.

The panel will feature key thought leaders and industry experts, including:

  • Maaike Everts, Critical Path Institute
  • Winston Kirton, Baker Hostetler
  • Rodney Rouse, FDA

These experts will share valuable insights into the practical applications of FDA modernization, detailing its transformative impact on patient outcomes and the ripple effects on Maryland’s economic landscape. Attendees can look forward to an engaging discussion that highlights how the private sector and government can collaborate to position Maryland as a leader in the evolving landscape of medical innovation.

“With FDA modernization, we see a tremendous opportunity for Maryland to lead in both innovation and economic development,” said Abi Kulshreshtha, PhD, panel moderator and executive director of the Maryland Innovation Initiative (MII). “However, even the most experienced entrepreneurs need support to navigate regulatory processes to commercialize their drug development tools. Through this panel we hope to highlight key trends in this space, and to announce a new partnership to support those with innovations that could benefit from FDA approval and regulation.”

TEDCO’s 2024 Entrepreneur Expo is a must-attend event for entrepreneurs, business owners, angel and venture capital investors, legislators and influencers. The Expo provides a space for networking, sharing knowledge and gaining inspiration to drive future innovations. Attendees can expect an action-packed day filled with engaging workshops, innovative exhibitors and dynamic pitches from Maryland’s next generation of entrepreneurs.

Don’t miss out—tickets for this highly anticipated event are limited! Secure your spot now at https://www.tedcomd.com/tedcos-2024-entrepreneur-expo and get ready for a day of inspiration and connection.

About TEDCO

TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.

Media Contact
Tammi Thomas, Chief Development & Marketing Officer, TEDCO, tthomas@tedcomd.com