Press Releases
FITCI Grad BioFactura Announces Activation of a $15.9M Contract Option
Smallpox Biodefense Therapeutic, contract valued at up to $68.2 million
By
Darryl Sampey, Ph.D., CEO
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FREDERICK, MARYLAND, JULY 14, 2022: BioFactura today announced its second contract option activation of $15.9 million from the Biomedical Advanced Research and Development Authority (BARDA) to advance development of an … Read more
TEDCO Invests in FITCI Member, Alirtify, a Rural Maryland Pre-Seed Company
Alirtify is an intelligence-gathering platform
By
Tammi Thomas, Chief Marketing & Communications Officer, TEDCO tthomas@tedco.md
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July 5, 2022—TEDCO, Maryland’s economic engine for technology companies (and a FITCI founding partner), announced today that its Rural Business Innovation Initiative (RBII) made a $25,000 investment in Alirtify, an intelligence-gathering platform based … Read more
THERADAPTIVE: shaping the future of regenerative medicine at military treatment facilities
Advanced theraputic can mean the difference between amputation and limb preservation
By
The Geneva Foundation
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Theradaptive is shaping the future of regenerative medicine with a new platform to deliver therapeutics that promote targeted native tissue repair. Their lead therapeutic, AMP2, is applied to an orthopedic … Read more
Theradaptive Secures Third FDA Breakthrough Designation for Spinal Fusion
Theradaptive’s technology re-grows bone
By
Serena Lertora serena.lertora@theradaptive.com
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FREDERICK, Md. and BOSTON, June 22, 2022 /PRNewswire/ — Theradaptive, a privately held biopharmaceutical company pioneering a new class of regenerative implants announced that the U.S. Food and Drug Administration (FDA) has granted Breakthrough … Read more
Veralox Therapeutics Announces Favorable Results of Phase 1 Studies of VLX-1005
A novel small molecule 12-LOX inhibitor, awarded Fast Track designation by US Food and Drug Administration
By
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for Treatment of Heparin-Induced Thrombocytopenia FREDERICK, Md., June 13, 2022 /PRNewswire/ — Veralox Therapeutics, a biotechnology company developing first-in-class small molecule therapeutics that treat serious immuno-inflammatory diseases with significant unmet medical needs, … Read more
KnowledgeNet.ai Achieves SOC 2 Type II Compliance
KnowledgeNet.ai meets the highest information security standards following an independent audit
By
James Alvord
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FREDERICK MD, June 7, 2022 – KnowledgeNet.ai, a leader in collaboration intelligence and knowledge sharing platform, announces the successful completion of the System and Organization Controls (SOC) 2 Type II … Read more
U.S. Department of Commerce Invests $4.6 Million in FITCI
U.S. Department of Commerce Invests $4.6 Million in American Rescue Plan Funds for Building Renovations to Support Job Growth in Frederick, Maryland
By
EDA
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“Frederick is a beautiful place to live, work and grow, and the Frederick Innovative Technology Center, Inc. is an important contributor to the local economy’s expansion. I have toured its … Read more
iyotee Secures $9.35 Million In Series A Funding and Launches KnowledgeNet.ai
New AI-Driven Network Collaboration App Revolutionizes How Organizations Use Their Intellectual Capital
By
James Alvord
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FREDERICK MD, February 09, 2022 – KnowledgeNet.ai, a leader in knowledge intelligence, announced today that it has raised a $9.35M Series A investment round through syndicate investors. KnowledgeNet.ai goes beyond relationship intelligence … Read more
FITCI helps fellow nonprofits by “Giving BACK”
Board and staff volunteer, sharing the spirit of gratitude and generosity
By
April Bartel
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If November sparks gratitude and December is devoted to giving, now is a perfect time to acknowledge the good while renewing the spirit of fellowship and community. In response, team members … Read more
FITCI earns Rural Maryland Council Outstanding Rural Economic Development Award
For Outstanding Leadership and Public Service in Advocating Policy Solutions to Greatly Benefit Rural Communities.
By
April Bartel
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The Frederick Innovative Technology Center, Inc. (FITCI) was recently honored for Outstanding Rural Economic Development by the Rural Maryland Council (RMC). The award was presented as part of the 2021 … Read more
