Business Development: Latest news

Volume 3, Issue 2 | February 2025

Mayo Clinic develops, manages, protects and licenses technology that saves lives and advances patient care. We are continually seeking collaborators to help bring these innovative solutions to market.

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EYE ON INNOVATION

Innovation in healthcare isn’t just about new technology—it’s about momentum.

It’s about pushing boundaries, breaking barriers and creating meaningful change that improves lives. Whether through automation that gives time back to clinicians, entrepreneurial ventures that reimagine patient care, or thriving biotech ecosystems that drive economic growth, progress happens when bold ideas meet action.

A roundup of the latest:

How automation gives back one of healthcare’s most valuable resources — time

Mayo Clinic President and CEO Gianrico Farrugia, MD, shares how intelligent automation, blending AI, digital tools and robotics is easing administrative tasks for healthcare workers and increasing patient access. Achieving its full potential requires collaboration across providers, governments and tech companies to enhance outcomes and experiences. Read more...

Walleye Tank propels Minnesota healthcare entrepreneurs forward

Modeled after the TV series "Shark Tank," the Walleye Tank is Minnesota's premier life sciences pitching competition. The 13 projects presented at Mayo Clinic in Rochester from the last cohort ranged from addressing the needs of patients with rare or chronic diseases to improving lives through assistive technology. Read more...

Arizona health innovation sector generates $43.64 billion of economic impact

Arizona is home to one of Mayo Clinic's campuses and is known to be the second fastest job creator for the Biosciences in the U.S. over the last 10 years. The Biotechnology Innovation Organization and the Council of State Bioscience Associations recently released new national and state-level data on the U.S. bioscience industry’s economic performance, its impacts and geographic footprint. Read more...

LATEST COLLABORATIVE EFFORTS

Mayo Clinic and American Hospital Dubai strengthen collaboration to transform healthcare and medical education in Dubai

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SandboxAQ enters into collaboration with Mayo Clinic to advance cardiovascular disease monitoring in amyloidosis

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Mesmerise to collaborate with Mayo Clinic to transform medical education and healthcare workforce training

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Anumana and AliveCor collaborate to advance ECG-AI algorithms for early detection of cardiac diseases on Kardia devices

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FUNDING NEWS

SPOTLIGHT ON SELECT MAYO CLINIC PORTFOLIO COMPANIES

PinkDx announces second close of upsized Series A financing with new investors

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Delfina Care raises $17M to transform maternal health with AI-powered proactive care

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IN CASE YOU MISSED IT

Mayo Clinic launches Mayo Clinic Digital Pathology to modernize pathology, speed medical breakthroughs

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Mayo Clinic accelerates personalized medicine through foundation models with Microsoft and Cerebras

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NETWORKING OPPORTUNITIES

Find Mayo Clinic Business Development staff at these upcoming conferences:

PMWC | February 5-7 | Santa Clara, CA
ViVE | February 16-19 | Nashville, TN
AUTM | March 2-March 5 | National Harbor, MD
HIMSS | March 3-6 | Las Vegas, NV
AAOS | March 10-14 | San Diego, CA

OPEN POSITIONS:

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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 bridges the gaps between industry and commercial groups to produce meaningful, effective changes in transforming health and medicine.

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