Volume 3, Issue 5 | May 2025
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Mayo Clinic develops, manages, protects and licenses technology that saves lives and advances healthcare. We are continually seeking collaborators to help bring innovative solutions to market. 
Explore an array of innovations available for licensing that are designed to enhance diagnostics, treatment and patient outcomes.
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WELCOMING NEW LEADERSHIP
Manu Nair, former chair and head of corporate development in Business Development, has assumed the role of associate chief business development officer. While continuing to drive business development efforts that are of the highest strategic importance to Mayo Clinic, Mr. Nair will now lead the department's newly structured organization, investment vehicles, and strategic initiatives to drive transformative and sustainable growth aligned with  Mayo Clinic’s Bold. Forward. Unbound. strategy.
Lisa Carmel has joined Business Development as chair where she will be leading business development and strategic partnerships across Mayo Clinic’s global enterprise, encompassing medtech, biopharma, diagnostics, healthcare IT and AI, as well as health services and robotics. In her role, she will be focused on developing and expanding transformative partnerships and business transactions, with a keen interest in mission critical initiatives.
EYE ON INNOVATION AT MAYO CLINIC
Resident and lifelong amputee’s prosthetic innovation wins big at Alligator Tank

Hamaad Khan, DO, a Mayo Clinic internal medicine resident, has worn a prosthetic arm since he was just three months old – giving him a deeply personal understanding of life with a prosthetic, both as a patient and now as a physician. He shares how his lived experience inspired an innovation that could meaningfully enhance outcomes for others who rely on prosthetics. Read more...
Groundbreaking discovery links inherited mutation to fatty liver disease 

Mayo Clinic researchers have discovered a rare inherited mutation in the MET gene that can directly cause metabolic dysfunction-associated steatotic liver disease (MASLD). This finding, supported by data from over 100,000 participants in the Tapestry study, highlights the role of rare genetic variants in common diseases and the potential for personalized treatments. 
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Mayo Clinic Platform_Accelerate Showcase celebrates promise of health tech innovation for improving patient care 

Mayo Clinic Platform_Accelerate helps startups validate and prepare their AI-driven solutions for clinical and administrative deployment, in line with healthcare industry standards. The program provides participants access to Mayo Clinic experts in regulatory, clinical, technology and business domains. The team recently celebrated its latest cohort of 15 innovative health tech startups from around the world. Read more...
COLLABORATIVE EFFORTS
FYR enters know-how agreement with Mayo Clinic to collaborate on blood-based biomarker solutions for Parkinson’s disease

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Chemeleon to collaborate with Mayo Clinic to finalize ultra-rapid assay, opens $10M Series A 

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QIoT to collaborate with Mayo Clinic to advance hospital-to-home recovery for pneumothorax patients with connected drain monitoring solution  

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LisenID announces collaboration with Mayo Clinic to advance early cancer diagnostics  


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PUBLISHED RESEARCH
Avadel and nference, a Mayo Clinic portfolio company, announce publication of real-world data on sodium oxybate treatment patterns

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UltraSight showcases new data conducted in collaboration with Mayo Clinic at ACC 2025 highlighting the accuracy and accessibility of AI-guided cardiac imaging  

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Mayo Clinic study findings show AI-ECG tools can help clinicians identify heart issues early in women planning to have children   

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STAFF SPOTLIGHT
Earlier this year, Jon Behringer, licensing director in Business Development, shared insights into Mayo Clinic’s innovation strategy and the positive impact of commercializing new technologies in healthcare. Watch the clip:
NETWORKING OPPORTUNITIES
Find Mayo Clinic Business Development staff at these upcoming conferences: 
  • Mayo Clinic Cardiology and Innovation Summit | May 7-8 | Rochester, MN 
  • Medical Alley Annual Dinner | May 15 | Minneapolis, MN 
  • PlatforMed | June 3-4 | Minneapolis, MN 
  • BIO International Convention | June 16-19 | Boston, MA 
  • Medtech MVP | June 16-17 | Minneapolis, MN 
  • Mayo Clinic AI Summit | July 7-8 | Rochester, MN 
OPEN POSITIONS:
  • Technology Development Manager
  • Technology Development Associate II - Radiology
  • Technology Development Associate I - Florida
  • Technology Development Associate II - Surgery
GET CAUGHT UP
Want to view past issues of Business Development’s e-newsletter?
Find them here
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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