bioscience innovation Archives - StartupsSanAntonio.com

San Antonio Biotech Startup Intrinsic Imaging Acquired for $80M

5Jul

By Iris GonzalezNo Comments

San Antonio Biotech Startup Intrinsic Imaging Acquired for $80M

If you look at startup exits, you don't usually see biotechnology startups represented since they typically generate their biggest profits long after an IPO or acquisition. One San Antonio biotech acquisition has broken that mold, with an amount that netted its limited partners an exceptional return, even by angel investing standards.Intrinsic Imaging, a biotech startup that provides imaging support mainly to clinical trial vendors, has been acquired by WCG Clinical, Inc. for $80 million. According to the S-1 form filed with the SEC on July 1, WCG Clinical purchased Intrinsic Imaging's artificial intelligence (AI) radiology imaging support services to add the innovative capability to their "proprietary suite of technology-enabled solutions."WCG Clinical is a clinical research trial...

BioMed SA Recognizes Biomedical Engineer Rena Bizios for Innovation in Healthcare and Bioscience

7Aug

By Iris GonzalezNo Comments

Articles, Featured

BioMed SA Recognizes Biomedical Engineer Rena Bizios for Innovation in Healthcare and Bioscience

Groundbreaking contributions on understanding how human cells interact with the materials in medical implants have helped advance the field of tissue engineering and tissue regeneration, thanks to a San Antonio-based biomedical engineering researcher.BioMed SA will recognize Dr. Rena Bizios for her innovative work with its 2020 Award for Innovation in Healthcare and Bioscience. BioMed SA, an advocacy organization promoting San Antonio's bioscience industry, recognizes innovators annually who have put novel ideas into action with transformational results.The researcher and professor serves as the Lutcher Brown Endowed Chair at The University of Texas at San Antonio (UTSA) department of biomedical engineering. A chemical and biomedical engineer by training, Bizios joined the UTSA's f...

UTSA-Led Collaborative Team Wins Grant to Develop a COVID-19 Vaccine

4May

By Iris GonzalezNo Comments

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UTSA-Led Collaborative Team Wins Grant to Develop a COVID-19 Vaccine

A consortium of scientists from San Antonio's four largest research institutions won a $200,000 grant to fund COVID-19 vaccine development. Dr. Karl Klose, director of the South Texas Center for Emerging Infectious Diseases and professor of microbiology at The University of Texas at San Antonio (UTSA), leads the team. The presidents of UTSA, UT Health San Antonio, Southwest Research Institute (SwRI), and the Texas Biomedical Research Institute (Texas Biomed) formed a new nonprofit in October 2019 called the San Antonio Partnership for Precision Therapeutics or SAPPT. The partnership funds researchers from the four institutions who work together on the interdisciplinary development of breakthrough therapies customized for patients. Soon after the City of San Antonio announced pandemic res...

UT Health San Antonio TechNovum Accelerator for Researchers Graduates 8 New Companies

6Nov

By Iris GonzalezNo Comments

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UT Health San Antonio TechNovum Accelerator for Researchers Graduates 8 New Companies

A new accelerator program designed for aspiring life science entrepreneurs has helped in the formation of eight new biomedical startups.Earlier this year, UT Health San Antonio launched TechNovum, a new technology commercialization accelerator for faculty researchers interested in developing their inventions for the market. John Fritz and Sean Thompson of the Office of Technology Commercialization at UT Health are co-directors and mentors for the new program.The first cohort graduated two therapeutics companies, spurred the development of four new medical devices, and included two digital health startups. The companies are:Atomic Therapeutics, developing novel anticancer therapeutics for leukemia Protectum Oncology, introducing low-dose arsenic for reducing cancer therapy ...

New Precision Therapeutics Partnership to Highlight San Antonio’s Unique Bioscience Capabilities

15Oct

By Iris GonzalezNo Comments

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New Precision Therapeutics Partnership to Highlight San Antonio’s Unique Bioscience Capabilities

Tuesday's announcement of a new major collaborative initiative focused on San Antonio's unique strengths in precision therapeutics will help boost the city's biomedical capability for innovation in healthcare. The presidents of San Antonio’s four largest research institutions announced Tuesday they are collectively funding the new nonprofit San Antonio Partnership for Precision Therapeutics or SAPPT with $800,000 from UT Health San Antonio, the Texas Biomedical Research Institute (Texas Biomed), The University of Texas at San Antonio (UTSA), and Southwest Research Institute (SwRI). This groundbreaking initiative will fund researchers working collaboratively across the four institutions, serving as a model for interdisciplinary development of breakthrough therapies customized for each pa...

7 Tips on How to Win Non-Diluting Federal SBIR, STTR Grants

7May

By Iris GonzalezNo Comments

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7 Tips on How to Win Non-Diluting Federal SBIR, STTR Grants

Scientists are always looking for ways to fund their research. But what if you want to translate discoveries into a viable product or service for the marketplace? Read Part 1 on what you should know about non-diluting federal SBIR and STTR funding to learn about tapping into the Federal Government's "America's seed fund" of early-stage funding.If you are ready to prepare a winning proposal to win funding for your research, read the seven tips we collected from experts and successful researchers who have earned a Small Business Innovation Research Program, or SBIR grant, or an STTR or Small Business Technology Transfer grant. Design your R&D approach with commercialization in mind. StemBioSys senior researcher Travis Block has won two SBIR grants, one to fund work at StemBioSys, t...

What You Should Know about Non-Diluting Federal SBIR, STTR Funding

6May

By Iris GonzalezNo Comments

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What You Should Know about Non-Diluting Federal SBIR, STTR Funding

Scientists are always looking for ways to fund their research. But what if you want to translate discoveries into a viable product or service for the marketplace? Successfully tapping into the Federal Government's "America's seed fund" of early-stage funding can make or break commercialization efforts, especially since you don't have to give up equity in exchange.Researchers should familiarize themselves with the $2.5 billion annual set aside for the U.S. Small Business Innovation Research Program, also known as SBIR, and the Small Business Technology Transfer program, or STTR. These two initiatives are the largest source of federally-funded early-stage, high-risk funding for startup companies. Designed to meet specific needs for federal government research and development (R&D), S...

UT Health San Antonio Launches New Accelerator for Researchers

9Apr

By Iris GonzalezNo Comments

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UT Health San Antonio Launches New Accelerator for Researchers

A new accelerator program designed for aspiring life science entrepreneurs has joined San Antonio's entrepreneurial ecosystem.Biomedical research institution UT Health San Antonio is launching TechNovum, a new technology commercialization accelerator for faculty researchers interested in developing their inventions for the market. John Fritz and Sean Thompson of the Office of Technology Commercialization at UT Health are co-directors and mentors for the new program and will lead the educational coaching sessions. Each cohort will run annually from June through October. Plans for the first cohort are to invite five to eight teams of founder-inventors to join the program to develop medical devices for the market. The teams will meet weekly, typically in the evening, for two- to three-ho...

BioBridge Global To Scale Biomanufacturing at Merchants Ice Complex

19Feb

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BioBridge Global To Scale Biomanufacturing at Merchants Ice Complex

The Texas Research and Technology Foundation (TRTF) revealed Tuesday that BioBridge Global (BBG) is the anchor tenant in its planned innovation hub. The first phase of the TRTF redevelopment includes $14.2 million for the BioBridge Global biomanufacturing facility and the new VelocityTX incubator and community building to be constructed as part of TRTF’s Merchants Ice complex redevelopment project on San Antonio’s Eastside.Read more: VelocityTX Innovation Hub Receives City of San Antonio Incentives for DevelopmentThe facilities for GenCure, a subsidiary of BioBridge Global, will include an initial 6,000 square feet of clean-room production space, expandable to 14,000 square feet, and an initial 2,500-square-foot development lab, along with office and meeting space. The new biomanuf...

BioAffinity Lung Cancer Diagnostic Test Gets Closer to Market with Canadian Patent

4Feb

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BioAffinity Lung Cancer Diagnostic Test Gets Closer to Market with Canadian Patent

The San Antonio-based privately held biotech company bioAffinity Technologies announced Monday the Canadian Intellectual Property Office had awarded a patent for its proprietary CyPath© technology used in the early detection of cancer.The patent, titled “System and Method for Analyzing Samples Labeled with 5, 10, 15, 20 Tetrakis (4-Carboxyphenyl) Porphine (TCPP),” is bioAffinity’s third Canadian patent. bioAffinity’s intellectual property (IP) portfolio now consists of 51 awarded patents in 21 countries, with three additional patent applications filed in the U.S.The test is bioAffinity’s solution for the unusually high rate of false positives from computed tomography or CT scans used in early testing of suspected lung cancer. CyPath® Lung’s test uses flow cytometry and proprietary ...