Press Releases

Velocidy Bio starts distributing NEXTGENPCR, an instrument capable of analyzing 22,860 SARS-CoV-2 coronavirus tests in 24 hours

Frederick, MD, March 31, 2020 – Velocidy Bio’s Dutch biotech partner, Molecular Biology Systems (MBS), has developed a new method using its revolutionary NEXTGENPCR that decreases the testing time for SARS-CoV-2 to eight minutes, … Read more

Molecular Biology Systems and Velocidy Bio sign distribution agreement

NEXTGENPCR, the ultrafast PCR system, is now available in the United States and Canada

Molecular Biology Systems (MBS), the developer of NEXTGENPCR, is pleased to announce their newest distributor, Velocidy Bio. Velocidy Bio becomes the exclusive distributor of NEXTGENPCR instruments, accessories and consumables in … Read more

Datakwip recognized in CEMEX Ventures top 50 most promising start-up companies

CEMEX Ventures, Boston Consulting Group (BCG) and Tracxn recently announced their list of the 50 most promising startups working in the construction industry.

Frederick, Maryland, – Datakwip, FITCI’s gradaute and a building analytics software company in Frederick, Maryland, was internationally recognized in CEMEX Ventures top 50 most promising start-up companies working in construction … Read more

Frederick Blockchain Startup Aims to Enable Censorship-Resistant Finance on a Global Scale

Tellor’s oracle allows for the decentralization of data providers on blockchain smart contracts

FREDERICK, Md.— Tellor, a Frederick based blockchain startup, is working to improve upon Ethereum, the world’s leading programmable blockchain, by utilizing proof-of-work miners to complete smart contracts. Tellor, a member … Read more

Mesa Science Associates and Bryn Pharma Announce Initial Study of a New Approach to Treating Anaphylaxis

On November 10, 2019, Mr. Michael Mesa, President, and CEO of Mesa Science Associates (MSA), announced the presentation of a non-clinical study regarding Nasal Administration of Epinephrine. The results were … Read more

Frederick Community Accelerator Program Graduates 11 Businesses

FREDERICK, MD. – Eleven startup businesses recently graduated from the Edge, a community growth business accelerator founded late last year by Frederick Innovative Technology Center, Inc. (FITCI) in collaboration with Frederick National … Read more

The EDGE Graduates 11 Businesses, Awards $11K Start-up Cash

Frederick Innovative Technology Center, Inc. – Success Story

Frederick, MD – Starting a business is like jumping off a cliff… and building your wings on the way down. That’s why the premiere class of entrepreneurs graduating from The Edge, … Read more

11th Annual Fort Detrick Alliance/FITCI Technology Showcase a Success

On September 5th FITCI hosted the 11th Annual FITCI/Fort Detrick Alliance Technology Showcase which featured a new partnership with The Maryland Defense Technology Commercialization Center (DefTech). With nearly 200 people in attendance … Read more

Veralox Therapeutics Raises $5.4 Million in Seed Funding Co-Led by JDRF T1D Fund and Sanofi Ventures

Funding to Advance Development of Drug Candidates Targeting Heparin-Induced Thrombocytopenia and Type 1 Diabetes

FREDERICK, MD – September 5, 2019 – Veralox Therapeutics (“Veralox”), a preclinical stage company focused on accelerating the development of first-in-class therapeutics for unmet medical needs, today announced it has raised … Read more

Celebrate the Acceleration of Technology Innovations in Our Region at the 11th Annual FITCI/Fort Detrick Alliance Technology Reveal

Frederick, Maryland – Frederick Innovative Technology Center, Inc. (FITCI) and Fort Detrick Alliance are excited to present a twist to our ever-popular Tech Showcase. The 11th Annual celebration of tech transfer … Read more