As we look to the future, several innovative companies are set to significantly influence our daily lives. These organizations, all clients of the Frederick Innovative Technology Center (FITCI), are leading the way in technology, healthcare, and sustainability. Here’s a look at 20 companies that are poised to make a difference:
1. Biofactura
Industry: Biopharmaceuticals
World Impact: Develops and manufactures generic biopharmaceuticals, biodefense medical countermeasures, and client-selected novel drugs using their patented StableFastTM Biomanufacturing Platform.
Potential Impact on Everyday People: Their platform brings drugs to market with faster, lower cost, and superior-quality manufacture, which increases access to essential medications and treatments to patients.
2. NanoBioFAB
Industry: Medical Technology
World Impact: Develops high throughput technology and services to accelerate nanomaterial research & development and develops artificial intelligence (AI)-driven smart sensors for telemedicine and personalized healthcare
Potential Impact on Everyday People: Detect wound infections sooner than they would traditionally be noticed, improving patient outcomes and potentially saving lives.
3. Phycin Inc.
Industry: Biotechnology
World Impact: Phycin’s revolutionary green algae-based platform manufactures the cleanest and most affordable endotoxin and human pathogen-free growth factors.
Potential Impact on Everyday People: The applications for this technology include eye care, cell cultures and clean meat production, advancing healthcare and sustainability.
Industry: Lithium Extraction
World Impact: Sustainable, scalable, and efficient lithium collection that can eliminate freshwater pollution and encourages the cleanup and reuse of abandoned wells.
Potential Impact on Everyday People: Lithium is an essential component of rechargeable batteries in electronics we use everyday. Their technology will allow us access to this important element while reducing environmental impact.
Industry: Biopharmaceuticals
World Impact: Provides custom-tailored client collaborations for RNA-targeted and structure-based drug design.
Potential Impact on Everyday People: The support they provide for their clients enables the development of drugs that improve patient outcomes.
6. JIO Robotics
Industry: Robotics
World Impact: Creating cutting-edge robotic technology for a sustainable future, including custom robotics design and development, programming and maintenance, and consulting.
Potential Impact on Everyday People: Working on solving real world problems in commercial kitchens, household kitchens, elderly care, personalized skincare, automated beauty treatments and virtual consultations.
Industry: Biotechnology
World Impact: Advances naturally occurring, safe, broad-spectrum active molecules as a new class of antibiotic alternatives.
Potential Impact on Everyday People: Reduces the risk of antibiotic resistance, limits disruption of the microbiome and reduces the transmission of harmful microbes, improving patient health outcomes.
Industry: Medical Technology
World Impact: Creating a hydrogel spray to minimize post-surgical scar tissue adhesions.
Potential Impact on Everyday People: Over 90% of people undergoing abdominopelvic surgeries such as appendectomies or caesarean sections are at risk of developing tissue adhesions which cause complications and often need additional surgery. This technology would greatly reduce this risk.
Industry: Medical Technology
World Impact: Develops advanced diagnostic tools for pathology.
Potential Impact on Everyday People: Enables faster and more accurate diagnoses, improving patient care and health outcomes.
10. rfid Collect LLC
Industry: Technology
World Impact: Enhances tracking and inventory management through RFID technology.
Potential Impact on Everyday People: Improves the availability and reliability of products and services in stores and online.
Industry: Biopharmaceuticals
World Impact: Innovates therapeutics for diseases with high unmet needs, including new therapies for life-threatening immuno-inflammatory diseases.
Potential Impact on Everyday People: Provides new treatment options for patients, improving quality of life.
Industry: Emergency Management
World Impact: Improves national preparedness and resilience to disasters.
Potential Impact on Everyday People: Enhances community safety and reduces the impact of emergencies on families and individuals.
13. Alithea Genomics
Industry: Genomics
World Impact: Alithea was born out of a very concrete research need: to be able to run a large number of RNA sequencing experiments in an affordable and rapid manner.
Potential Impact on Everyday People: Enables clients to discover new biomarkers and develop new drugs at a fraction of the costs and time, improving patient outcomes.
14. The Geneva Foundation
Industry: Materials Science
World Impact: Advances military medicine through research, development, and education to ensure optimal health for service members and the communities they serve.
Potential Impact on Everyday People: Improves the health outcomes of the millions of active-duty and retired service members in the U.S.
15. Blue Sources
Industry: Environmental Services
World Impact: An early warning system for chemical contamination of water that monitors biofeedback from bluegill fish to determine water quality.
Potential Impact on Everyday People: By providing real-time monitoring of water quality, the system helps detect harmful contaminants before they reach unsafe levels, protecting public health.
16. CarrTech Corp.
Industry: Medical Devices
World Impact: FROG®, “Filter Removal of Glass,” is the first and only all-in-one package filter and hypodermic needle combined giving medical professionals a streamlined, safer device that reduces risk of injury, patient death, healthcare costs, and waste, while simultaneously improving efficiency, productivity, and patient care.
Potential Impact on Everyday People: Most people will need medication administered with needles at some point in their life, FROG guarantees that medication preparation is performed correctly and safely every single time.
17. Inventwood
Industry: Building Materials
World Impact: Their flagship product, SuperWood, is a revolutionary biomaterial - made completely from wood - engineered to deliver unparalleled durability and strength. Superwood is 50% stronger, 6x lighter and more sustainable than steel.
Potential Impact on Everyday People: This new biomaterial will revolutionize the building industry, making our communities more sustainable. It will reduce greenhouse gas emissions from this industry that fuel climate change, which is currently and will continue to affect everyday people.
18. Mycologics
Industry: Biotechnology
World Impact: Delivers nature-powered biofungicides that reduce reliance on harmful chemicals, combat fungicide resistance, and foster healthier, more productive ecosystems.
Potential Impact on Everyday People: Mycologics’ technology reduces the need for harmful chemicals that often remain as residue on our food, creating cleaner, more reliable food supply systems.
19. Nanocrine
Industry: Biotechnology
World Impact: Harnesses the power of microfabrication to empower researchers to unlock the full potential of their studies, revitalizing development of cutting-edge assays that are essential for addressing complex biological questions.
Potential Impact on Everyday People: Far-reaching implications across diverse fields including neurodegenerative disease, stem cell renewal and differentiation, cardiovascular disease, viral pathogenesis, and cancer metastasis. Their technology could help treat you or a loved one in the future.
20. Up Therapeutics
Industry: Biopharmaceuticals
World Impact: Once approved, their proprietary novel class of small molecule Rpn13 inhibitor will be the first in the market, which could be used to treat many cancers of different stages, including those that are drug resistant.
Potential Impact on Everyday People: Will improve the quality and length of life for cancer patients.