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Nicholas Griner - Richard Bendis is CEO of BioHealth Innovation, Inc.

BioHealth Innovation Inc. is launching a new $50 million fund to support early-stage medical and health IT companies in central Maryland. BioHealth, which is based in Rockville and has operations in Baltimore, hired veteran venture capitalist Tania Fernandez as a strategic advisor to help manage the new fund. Fernandez has 16 years of experience in the business and most recently worked for Burrill & Co., a $1.5 billion fund with more than 100 biotech and life science companies.

Image: Nicholas Griner - Richard Bendis is CEO of BioHealth Innovation, Inc.