Business Development: Latest news

Volume 2, Issue 7 | July 2024

Mayo Clinic draws from a robust innovation pipeline within the research and clinical practice sectors to uncover new and impactful solutions for patients.

Some of the best opportunities for innovation come from a blend of intellectual property and strategic collaborations that allow for the convergence of shared expertise and assets to revolutionize drug development, clinical evaluation and commercialization.

Learn more about Mayo Clinic technologies

EYE ON INNOVATION

Innovation centers spur new biotherapeutics for patients

Summary: Mayo Clinic's Discovery hubs attract world-class researchers and industry trailblazers who together advance the newest medical breakthroughs to early-stage clinical trials. Read more...

$20M gift from Dwight and Dian Diercks to accelerate transformational healthcare AI and innovation

Summary: The fund will enable Mayo Clinic’s Generative AI Program and Mayo Clinic’s Comprehensive Cancer Center to advance new solutions for cancer patients. Read more...

What is CAR-T cell therapy? Exploring the new cancer treatment

Summary: Mayo Clinic researchers are evolving the application of CAR-T cell therapy. Trials are expanding into varying tumor types and exploring novel techniques, such as using donor T cells or other immune cells to destroy cancer. Read more...

‘Next Best Drug’ migraine algorithm

Summary: The Next Best Drug algorithm, developed by Fred (Michael) Cutrer, MD, a headache neurologist at Mayo Clinic, is designed to support primary care providers and neurologists without specialized training to help migraine patients find relief. Read more...

IN THE PRESS

Spotlight On: Jim Rogers, Chief Business Development Officer & Senior Administrator for Generative AI, Mayo Clinic

Surgence™ announces collaboration with Mayo Clinic to innovate the healthcare supply chain

AliveCor gets FDA nod for portable 12-lead, AI-powered ECG device

Anumana and InfoBionic.Ai announce collaboration to advance AI-powered remote cardiac telemetry technology for early detection of cardiac diseases

SpineThera, Inc. to collaborate with Mayo Clinic to advance solutions in substance abuse disorder treatment

FindMyClinicalTrial Inc. collaborates with Mayo Clinic on clinical trial software

Logix Biosciences enters into agreement with Mayo Clinic to advance development of therapeutics for allergy relief, mutating infectious diseases and antimicrobial resistance

Cosylab enters into collaboration with Mayo Clinic to advance radiation therapy

UltraSight collaborates with Mayo Clinic to advance next generation cardiac care with AI

Funds & financing

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

Endogenex™ announces $88M Series C financing to complete pivotal trial of the ReCET™ System in patients with type 2 diabetes

Eko Health raises $41M to scale AI-driven heart and lung disease detection

Nucleus RadioPharma secures Series A extension funding with AstraZeneca investment

Economic development

R ochester rising: Downtown development

EXCERPT: Mayo Clinic has given rise to an expanding portfolio of health-related businesses through the years. Among them is Vyriad, a biotechnology company that’s developing the next-gen of targeted genetic therapies. Read more...

IN CASE YOU MISSED IT

In June, Business Development staff Muddassir Laique, Senior Manager – Corporate Development, and Seth Eisenman, Senior Licensing Manager – Mayo Clinic Ventures, participated in a webinar hosted by Medical Alley to discuss Mayo Clinic’s innovation and commercialization engine, its collaboration model and foundational investment principles.

Watch recording

JOB OPENINGS

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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