The following story from the Marshall University Research Corporation (MURC) features Progenesis Technologies, co-founded by Biomedical Sciences Graduate Program professors Dr. Hongwei Yu and Dr. Richard Niles. Progenesis is a research and development company focused on demonstrating the feasibility of manufacturing its genetically-engineered bacterial alginates on an industrial scale. It is one of the “high-tech spinout companies” from Marshall University mentioned in the article.
The largest annual global event for the biotechnology industry, the BIO International Convention attracts an audience of more than 15,000 biotech business leaders, scientists, executives and investors from around the world.
Dr. John Maher, Marshall’s vice president for research, says the Bioscience Association of West Virginia (BioWV)—along with the West Virginia Development Office and the Biotech Alliance of the Huntington Area Development Council (HADCO)—is hosting a West Virginia Pavilion at the convention.
Maher, who is also vice-chairman of BioWV, said the Marshall-related companies to be featured at the pavilion include Vandalia Research, Progenesis Technologies and Cordgenics. All three businesses were founded based on technologies developed at Marshall and are headquartered in the state.
“The West Virginia Pavilion will highlight key participants in our state’s life sciences community,” he said. “There is a great deal of very exciting biotechnology work happening here at Marshall and we are pleased to have this opportunity to share it with conference attendees from the rest of the country and around the world.”
Bryan Brown, executive director of BioWV, added, “Not only will the West Virginia Pavilion highlight the outstanding bioscience companies in West Virginia and the excellent biomedical research at our major universities, we will also showcase all the state has to offer in terms of quality of life and increased business competitiveness to our colleagues from the rest of the country and around the world. We hope that participation in this event will help to attract new entrepreneurs, inventors, researchers, investors and businesses to West Virginia.”
BIO International Convention attendees include a mix of biotechnology, pharmaceutical, plant and life science, medical diagnostic, instrumentation and technology companies of all sizes, including the top 10 pharmaceutical companies in the world. Also represented are economic development organizations and businesses that support the industry, including law firms, service providers, investors, and suppliers of laboratory equipment and products. Representatives from more than 200 universities and academic communities also attend for networking, educational sessions and collaboration opportunities. There is a strong international attendance, with participants from approximately 60 countries.
Marshall University is a founding member of the Bioscience Association of West Virginia. The purpose of the association is to promote and strengthen the bioscience industry in the state by developing a cohesive community that unites biotechnology, pharmaceutical, medical device and research organizations. To advance this mission, BioWV provides educational, networking and commercial opportunities for its members, and serves as an educational and information resource to advance public understanding about the bioscience industry. For more information, visit www.biowv.org.