Volume 2, Issue 8 | August 2024
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Mayo Clinic has long recognized the role of innovation and collaboration to transform healthcare.

What started as a modest technology transfer office nearly 40 years ago is now Mayo Clinic’s Department of Business Development – an established resource for developing novel technologies, generating license agreements, forming startups, carrying out strategic collaborations and deploying capital to advance patient care.

Our integrative approach to working with innovators and industry collaborators is the bedrock for propelling meaningful change.
Through our robust innovation ecosystem, we receive hundreds of invention ideas each year from all facets of Mayo Clinic. The subsequent patents issued represents the quality of ideas received. This work ultimately ensures patients receive the most cutting-edge solutions required for their care.
Work with us to transform healthcare
EYE ON INNOVATION
Which hospitals have the most AI innovation? CB Insights' AI Readiness Index shows Mayo Clinic is leading the pack 

Summary: From ambient documentation to surgical tools and digital wound care, AI solutions are helping providers focus on patients, improve diagnostics, and find new ways to perform surgeries and other procedures. 

To determine which health systems are most prepared for the shift, CB Insights launched the Hospital AI Readiness Index. Read more...
NEW COLLABORATIVE EFFORTS
JelloX Biotech collaborates with Mayo Clinic to develop AI-enhanced 3D pathology imaging technology

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Abridge, Mayo Clinic, and Epic collaborate to develop an integrated artificial intelligence documentation solution for nurses 

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JOGO Health announces collaboration with Mayo Clinic to study tremors 

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StaffGarden signs agreement with Mayo Clinic to digitize TSAM® competency data management

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MDB Capital collaborates with Mayo Clinic to advance anti-senescence platform

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FUNDING NEWS
Endogenex, Nucleus RadioPharma lead biggest Minnesota VC deals in Q2

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Digital primary care startup K Health raises $50M in equity funding round 

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ARIZONA & FLORIDA HAPPENINGS
Arizona
Mayo Clinic marks medical milestone with world’s first known successful total larynx transplant performed in patient with active cancer

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Mayo Clinic study uncovers genetic cancer risks in 550 patients

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Florida
Mayo Clinic ranked No. 1 hospital in Florida by U.S. News & World Report, makes leap in national rankings

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Detecting pancreatic cancer through changes in body composition and metabolism

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JOB OPENINGS
  • Corporate Development Manager - Contracts
  • Technology Development Associate - Mayo Clinic Ventures | Arizona
  • Technology Development Associate - Mayo Clinic Ventures | Rochester
About Business Development
Business Development is Mayo Clinic’s front door to business – from technology commercialization to strategic partnerships – catalyzing innovation to shape the future of healthcare for the benefit of patients.

The department's two divisions, Mayo Clinic Ventures and Corporate Development, come together as one unified force to bridge the gaps between industry and commercial groups to produce meaningful, effective changes in transforming health and medicine.
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