Emerging Life Sciences Company of the Year: Theradaptive

Congratulations #FITCI Grad Theradaptive on your ICON Award win!

The Maryland Tech Council, the largest technology and life science trade association in the state, announced the winners of its 2023 ICON Awards on April 28, 2023, hailing Frederick’s own Theradaptive as its “Emerging Life Sciences Company of the Year.”

Kelly Schulz, CEO of the Maryland Tech Council, was quoted on the organization’s website as saying, “We are excited to recognize these outstanding leaders and companies… In addition to growing their companies and raising the bar of excellence in Maryland, we are proud that these winners are passionate about giving back to their employees, students, and communities. On behalf of the entire Maryland Tech Council community, I congratulate this year’s ICON Award winners and nominees for their achievements.”

Kite, a Gilead Company and another FITCI ecosystem member, won “Life Science Company of the Year.”

Theradaptive’s mission is to develop new therapies to restore quality of life for the millions of people who suffer from debilitating conditions due to tissue injury. Their premier product is a computational platform that converts recombinant proteins into material-binding variants that can be used to coat implants, devices, and injectable carriers. This novel and unprecedented method enables us to deliver therapeutics to any location in the body with precision, such as allowing doctors to save limbs that would otherwise require amputation.

For more information, read about Theradaptive here. Then check out founder Luis Alvarez’s interview with The Bio Report Podcast on the company’s advances in regenerative medicine.