| | Crab Trap Winner Spotlight: Perfusion Medical’s Mission Against Hemorrhagic Shock on BioTalk | In this episode of BioTalk, CEO Gerard Eldering explains how Perfusion Medical is addressing a problem that trauma physicians and military medics have been struggling with for decades: capillary compression. Perfusion Medical is developing a drug aimed at treating hemorrhagic shock and other ischemic conditions. PM‑208 is a novel IV therapeutic designed to restore capillary blood flow, resolve ischemia, and protect vital organs. The team has advanced this work with $19 million in Department of Defense funding. He describes the scale of the unmet need, why PM‑208 is both organ- and disease‑agnostic, and how its simple formulation and strong safety profile position it for broad medical use. | | BioHealth Innovation, Inc. Welcomes Two New Members to Its Board of Directors, Matthew Keesan of IonQ and Prashant Panchal of AstraZeneca | BioHealth Innovation, Inc. (BHI), a leading public-private nonprofit organization supporting healthcare innovation in the BioHealth Capital Region, announces the appointment of two new members to its Board of Directors: Matthew Keesan, Vice President and GM of Quantum Platform at IonQ, and Prashant Panchal, Director of Business Planning and Operations at AstraZeneca. Their backgrounds strengthen BHI’s commitment to advancing a region known for scientific leadership, emerging technologies, and next-generation workforce development. | | | Virginia Tech, Children’s National preview pediatric innovation at Emerging Tech Conference | |
Leaders from Children’s National Hospital and the Fralin Biomedical Research Institute at VTC detailed plans to grow their collaboration and speed pediatric innovations from the lab to clinical care during the recent Roanoke-Blacksburg Technology Council Emerging Tech Conference.
The partnership connects two of Virginia’s leading biomedical hubs — a nationally ranked and globally recognized children’s hospital in Washington, D.C., and a major Virginia Tech research institute — in a shared effort to turn discoveries into treatments that reach young patients faster.
| | | USP Hosts December 2nd Workshop to Gather BHCR Input on Biologics Standards | |
USP is gathering input from companies across the BioHealth Capital Region as it develops updated public standards for biologics. The effort focuses on improving product quality consistency, supporting efficient development, and aligning standards with current scientific and analytical practices.
USP is hosting a live workshop on December 2nd at its Rockville headquarters to hear directly from developers about real-world challenges and priorities as they refine product-level approaches for complex biologics and biosimilars.
Companies interested in joining the session or contributing their perspective can contact Brett Howard, J.D., PhD., RAC, Senior Director of US Regulatory Policy, at brett.howard@usp.org.
Interest does not guarantee an invite to this workshop.
| | | NextCure Announces Closing of $21.5 Million PIPE Financing | |
BELTSVILLE, Md., Nov. 17, 2025 (GLOBE NEWSWIRE) -- NextCure, Inc. (Nasdaq: NXTC), a clinical-stage biopharmaceutical company committed to developing novel therapies to treat cancer, today announced the closing of its previously announced private placement in public equity (“PIPE”). The PIPE was led by Ikarian Capital, Squadron Capital Management, Affinity Healthcare Fund, LP, and Exome Asset Management, with participation from other healthcare focused funds, for total gross proceeds of approximately $21.5 million.
NextCure sold and issued an aggregate of 708,428 shares of common stock (“Common Stock”) at the market purchase price of $8.52 per share, and pre-funded warrants (“Pre-Funded Warrants”) to purchase up to an aggregate of 1,815,049 shares of Common Stock at a purchase price of $8.519 per Pre-Funded Warrant (each with a nominal exercise price of $0.001 per share for exercise of the warrant) in a private placement exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").
| | | BioSpace: Altimmune Poised for $1B+ Opportunity as MASH Drug Aces Phase IIb | |
Altimmune’s pemvidutide showed “class-leading signals” in non-invasive assessments and has “potentially best-in-class tolerability,” according to analysts at H.C. Wainwright.
Altimmune’s investigational peptide therapy pemvidutide significantly improved disease resolution rates and liver fibrosis in a mid-stage study of metabolic dysfunction-associated steatohepatitis, putting the Maryland biotech in a prime position in the hot liver disease space.
In a Tuesday note to investors, analysts at H.C. Wainwright & Co. estimated that pemvidutide could generate peak annual revenues of greater than $1 billion in metabolic dysfunction-associated steatohepatitis (MASH).
| | | Remedy Plan Therapeutics Advances RPT1G for Myeloid Cancer Patients with Phase 1 Safety Data and IND Approval | |
GAITHERSBURG, Md., Nov. 12, 2025 (GLOBE NEWSWIRE) -- RPT1G, a revolutionary new NAMPT inhibitor developed by Remedy Plan Therapeutics (RPT), was found to be safe and well-tolerated in a Phase 1 study in healthy volunteers at single and multiple ascending dose levels. NAMPT target engagement was seen at every dose level and predicted clinical efficacy against blood cancers.
“We have achieved something the field has been trying to do for decades,” says Greg Crimmins, PhD, Founder and CEO of Remedy Plan. “RPT1G is a new kind of drug, a new class of inhibitor, that targets...
| | | OriGene Technologies and Nanoportal Biotech Join Forces to Bring Groundbreaking ProteanFect™ Gene Delivery Technology to Researchers Worldwide | ROCKVILLE, Md., Nov. 11, 2025 /PRNewswire-PRWeb/ -- ProteanFect represents a major leap forward in nucleic acid delivery. Unlike conventional lipid- or polymer-based reagents, ProteanFect harnesses mammalian endogenous proteins to deliver plasmid DNA (pDNA) and RNA into notoriously hard-to-transfect cells—including stem cells, neuronal cells, and immune cells. By mimicking nature's own biological mechanisms, ProteanFect achieves unparalleled efficiency, safety, and compatibility, enabling discoveries that were once out of reach. | | | Fast Company: How one company is rebuilding America’s medicine supply | Born out of the chaos of the pandemic, Phlow is reshaping how essential medicines are made and distributed in America. Here, CEO Dr. Eric Edwards explains how the company’s digital transformation with SAP built a smarter, more resilient supply chain—one designed to anticipate disruption, not react to it. | | | | | |