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Virginia Outstanding Contribution to Life Science Inducts Three Award Winners

RICHMOND, Va.–(BUSINESS WIRE)–lt;a href="https://twitter.com/hashtag/boardroom?src=hash" target="_blank"gt;#boardroomlt;/agt;–Virginia
Bio
, the premier statewide non-profit trade association representing
the life sciences industry in the Commonwealth of Virginia, announced on
May 2, 2019, during its innovative, bioscience conference, THRiVE 2019,
that three new award winners are getting inducted into the prestigious
Outstanding Contribution to Bioscience in Virginia Award Ceremony.

“There are 23 award winners to date,” shares Crystal Icenhour,
Co-founder & CEO Aperiomics, Ashburn, Virginia, “including Nobel
laureates, pioneering companies, great research institutions and
trailblazing entrepreneurs. The three new award winners were chosen from
over 100 nominations by a committee of all former Chairs of Virginia
Bio. Together they tell the rich story of bioscience research and
commercialization in Virginia.”

Congratulations to the Ground Breaking and Innovative Award Winners

“Three organizations exemplify the excellence, variety and dynamism of
the Virginia biosciences community,” shares Jeff Gallagher, CEO Virginia
Bio. “It is with great pleasure to announce our new inductees and share
their amazing stories in making a global impact.”

The Focused Ultrasound Foundation (FUSF)
Known for improving
the lives of millions worldwide by making focused ultrasound available
in the shortest time possible. Based in Charlottesville, Virginia, the
non-profit is leading the global movement to accelerate and coordinate
the research, development, approval and adoption of image-guided focused
ultrasound as an early stage non-invasive therapeutic technology for
patients suffering from more than 100 disorders. Recently recognized by
Charity Navigator as one of America’s 10 Best Medical Research
Organizations, the Foundation blends scientific and clinical research,
collaboration, business development, education and advocacy worldwide.
Dr. Neal Kassel, Founder and Chairman of Focused Ultrasound Foundation,
Charlottesville received the award.

Frank Reidy Research Center for Bioelectrics at Old Dominion
University

The Center for Bioelectrics based in Norfolk,
Virginia, was the first research center of its kind and is a world
leader in advancing scientific understanding of how intense, pulsed
electromagnetic fields and cold ionized gases interact with biological
systems. Researchers at the Center translate discoveries into the
development of medical diagnostics and therapeutics as well as
environmental decontamination processes.

Research performed at and licensed by the Center to industry led in 2017
to the most successful university-based IPO and the largest single
commercialization effort at ODU. Richard Heller, Professor, Eminent
Scholar and former Executive Director of the Frank Reidy Research Center
for Bioelectrics at Old Dominion University received the award.

Merck Manufacturing Plant
For 78 years, Merck & Co’s
manufacturing plant in Elkton, Virginia has been at the forefront in
developing and manufacturing pharmaceuticals for millions of people
worldwide. In the last decade Merck has invested nearly 1 billion
dollars, transforming one of the nation’s leading small molecule
manufacturing plants into a facility poised to produce the next
generation of biologics and pharmaceuticals. Merck plays an important
role in the regional economy and is an outstanding corporate citizen in
the Valley. Its many hundreds of employees volunteer generously in
STEM-related school and community activities, and Merck maintains strong
working relationships with Virginia’s universities and community
colleges, David Ege, Executive Director, Vaccines & Biologics
manufacturing at Merck’s Elkton, Virginia manufacturing facility,
received the award.

THRiVE Conference 2019

THRiVE 2019, held on May 2, 2019 at the Omni Downtown Richmond,
Virginia, brought together bioscience leaders from across the state and
beyond – including companies, universities, research organizations,
investors, entrepreneurs, policy makers, scientific and professional
services firms – to help create the future of the industry.

“This is always an amazing event,” says Andrew Krouse, Founder,
President & CEO Cavion, Chairman Virginia Bio, “and we are thrilled to
have such a great turn out of talent and life science industry leaders
from across the state, gathered all in one place. The event is a great
platform for launching, connecting and inspiring the development of R&D
and commercialization in Virginia.”

This one-day conference hosts the latest in Life Science Innovation, and
is designed to give attendees insights and intelligence needed in order
to navigate the ever-evolving landscape, and offers sessions and expert
talks from some of the sharpest minds in Life Science. Speakers and
topics included:

Also at the event, four important announcements were made:

  1. Bill Thomas, Associate Vice President for Government Relations at
    Hampton University in Hampton, Virginia announced Hampton
    University is hosting the 21st Annual HHS NIH SBIR/STTR National
    Conference on October 28-30, 2019 in host city Virginia Beach,
    Virginia. This conference brings leadership representing all NIH
    Institutes participating in the SBIR/STTR Program (America’s Seed
    Fund) together to provide researchers and small businesses from across
    the nation information and guidance on nondilutive federal funding
    opportunities in biomedicine and health.
  2. Melinda Hancock, Chief Administrative and Financial Officer, VCU
    Health System in Richmond shared about the new VCU Healthcare
    Innovation Consortium (HIC), to make Richmond, Virginia a nationally
    recognized hub for health care innovation. HIC is a systematically new
    approach to identifying, supporting, and resourcing innovative ideas
    from within and outside the health system that have promise for
    development to significantly improve clinical care. For more,
    please visit 
    www.vcu.edu and vcuhealth.org.
  3. Sandra Burks, Executive Program Director for the Integrated
    Translational Health Research Institute of Virginia (iTHRIV) from
    Charlottesville, Virginia, described this statewide clinical and
    translation research partnership of multiple Virginia research
    universities and health care systems which recently won a $20M+ award
    from NIH NCATS to become one of about 50 CTSA program hubs nationwide,
    driving the translation of research discovery into improved patient
    care. For more, please visit http://ithriv.org.
  4. Mike Grisham, CEO of Virginia Catalyst announced it is now accepting
    Letters of Intent until July 10, 2019 from applicants interested in
    pursuing grant funding support in its grant Round 10. Catalyst grants
    are designed to support collaborations among Virginia public research
    universities with industry. For more, visit www.VirginiaCatalyst.org.

About Virginia Bio

Virginia Bio is the statewide non-profit trade association for life
sciences, developing and promoting the considerable scientific and
economic impact of life sciences research, development and
commercialization in Virginia. Virginia Bio also is an advocate for the
biopharmaceutical and medical device industries among federal, state and
local policy-makers. Virginia Bio is the official state affiliate of the
Biotechnology Industry Organization (BIO), AdvaMed and the Medical
Device Manufacturers Association (MDMA) and also collaborates closely
with the Pharmaceutical Research and Manufacturers of America (PhRMA)
and weworkforhealth. To learn more, visit www.vabio.org.

Contacts

Tara Lloyd
Director of Communications, Virginia Bio
804-643-6360
lloyd.tara@vabio.org

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