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— Receives New Designation for Treatment of Platelet-Activating Anti-Platelet Factor 4 (PF4) Disorders — Complements FDA Orphan Drug Designation and Fast Track Designation for VLX-1005 Source: Veralox Frederick, MD, Aug. 14, 2024 – Veralox Therapeutics, a clinical-stage biotechnology company developing first-in-class therapies targeting the 12-lipoxygenase (12-LOX) pathway, announced that the European Medicines Agency (EMA) has granted Orphan … Read more
By Anna Eyler In a rapidly evolving business landscape, startups that don’t consider implementing emerging technologies like artificial intelligence (AI) and robotics into their operations are at risk of being left behind. Leveraging these tools allows employees to spend more time and energy on strategic tasks that require high-level critical thinking. By integrating AI-driven algorithms … Read more
By Anna Eyler Circular business practices revolutionize industries, mitigate environmental impact, minimize waste generation, achieve cost reductions, and drive sustainable innovation for a brighter future. In a circular economy, materials and products are utilized for their maximum lifespan. Cutting-edge innovations from companies like InventWood and Quantum Loophole are shining examples of how local ingenuity will … Read more
Tom Stein is a guy with lots of ideas who has always loved making things, and wanted to start his own business. Following the advice of a mentor to build on the idea with the most value, he founded Trivance Design, LLC which aims to improve human health by encouraging more students to pursue STEM … Read more
“If you can come up with a solution to this problem, you’ll be a millionaire.” While attending pharmacy school, Sue Carr worked in a hospital as a pharmacy technician, becoming quickly frustrated by the cumbersome process that follows when health-care providers break open glass ampules to dispense medication. Inevitably, glass shards must be filtered out … Read more
As a kid, Dr. Jill Pecon-Slattery was in love with nature—frogs, butterflies, and all living things. A childhood spent outdoors exploring the natural world led, logically, to a career in science, although Jill’s path has had twists and turns. Initially, she wanted to be a marine field biologist; with a master’s degree in oceanography, Jill … Read more
Sage Winn was raised in Frederick County, so it was only natural that when he co-founded Wander, which sells all-natural hemp products, the shop would be located in downtown Frederick. Wander sources botanicals from an extraction expert, who extracts the hemp using food-grade ethanol. The hemp product is manufactured by hand, by Sage and his … Read more
Karl Hindle is an “accidental immigrant” originally from Manchester, England, who has always been something of an athletic nerd. Being good at sports led him first to the army, followed by college and an early career in accounting. His natural ebullience had him pivot to a career in sales, and when the early days of … Read more
Dr. Pierre Reed loves cyber. Really, really, loves cyber. “If I won the lottery, I’d do it for free” says the founder of PMTR Industries, a cybersecurity service business based in Frederick. “It’s constantly changing and requires adaptive skills to remain at the top of the field.” Dr. Reed was introduced to cyber when he … Read more
In 2011, Xavier Bruce was enduring the stress of a rocky marriage, raising a son with autism, and struggling through the doctoral dissertation process—all while on active duty in the Air Force, deployed amid rocket attacks in Kandahar, Afghanistan. The crucible of those experiences ultimately led to the creation of his company, UPL!FT Energy Coaching, … Read more
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The Frederick Innovative Technology Center, Inc. (FITCI) is a 501(c)(3) nonprofit business incubator and accelerator designed to cultivate entrepreneurship in Frederick, Maryland.
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