Volume 2, Issue 5 | May 2024
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ADVANCING HEALTHCARE, TOGETHER
Mayo Clinic Ventures, the commercialization arm within Business Development, is continually seeking strategic collaborators to bring innovative technologies to market.

We develop, manage, protect and license technology that saves lives and advances patient care. Our integrative approach to collaborating with innovators and external parties is the bedrock for making this important work possible.
Find out how we can work together
INNOVATION NEWS
Zimmer Biomet announces successful completion of world’s first robotic-assisted shoulder replacement surgery at Mayo Clinic

April 25, 2024

Summary: The surgery was performed by John Sperling, MD, MBA, Professor of Orthopedic Surgery, at Mayo Clinic in Rochester, Minnesota.
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Clarapath forms strategic collaboration with Mayo Clinic to advance pathology tissue processing

April 23, 2024

Summary: The collaboration combines Clarapath’s innovative tissue solution with the clinical insights and expertise of Mayo Clinic to enable laboratories across the globe to digitally transform the quality, safety, cost, and throughput of their histology process. 
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Healthcare innovators vie for top prize at Walleye Tank competition

April 18, 2024

Summary: Walleye Tank is Minnesota's premier life-science pitch competition. Kien Nguyen, PhD, of Mayo Clinic's Business Development team was among this year's judges.
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Eko secures FDA clearance for stethoscope AI

April 2, 2024

Summary: Developed in collaboration with Mayo Clinic, the software can detect cases of low ejection fraction—a primary sign of heart failure.
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INVESTMENT NEWS
Qlaris Bio completes $24 million Series B financing to advance QLS‑111

April 30, 2024

Summary: The funding round will support the development of a novel therapeutic for glaucoma and ocular hypertension, originally developed by Mayo Clinic professor and researcher Michael Fautsch, PhD.
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PinkDx launches with $40 million Series A financing to develop diagnostic solutions for women

April 25, 2024

Summary: The company plans to use the funds to pursue its vision of identifying unmet medical needs that are unique to women, providing answers that have an immediate, positive impact.
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Collaborative Robotics raises $100 million in Series B funding

April 10, 2024

Summary: Collaborative robots (cobots) are poised to revolutionize industrial automation by enhancing efficiency, safety, and ROI in sectors including manufacturing, healthcare, retail/e-commerce, manufacturing and more.
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Health systems turn to internal VC arms to bring in additional revenue

April 1, 2024

Summary: Andy Danielsen, chair of Mayo Clinic Ventures, shared that the goal of Mayo Clinic's venture capital activity helps advance healthcare through the discovery of new products and therapeutics.
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EVENTS
Find Business Development staff at these upcoming conferences:
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JOB OPENINGS
  • Corporate Development Manager - Contracts
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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