Volume 2, Issue 11 | November 2024
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An integral part of Business Development’s alignment to the mission and strategy of Mayo Clinic is staying at the forefront of healthcare. Our innovators continually work to create transformative solutions that elevate patient care to best-in-class standards.

However, little is achieved alone. We rely on collaboration with external groups to get these solutions, such as those pictured above, to the market.

Work with us and together we can solve some of the most complex medical problems through life-changing therapies, surgical procedures and technologies so people everywhere can receive exactly the care they need when it is needed.

Learn more about licensing Mayo Clinic technology
EYE ON INNOVATION
The future according to Mayo Clinic: How AI is transforming the hospital
CB Insights
Excerpt: AI activity from Mayo Clinic — which has a reputation for tech innovation, a frontline understanding of healthcare’s complexities, and deep pockets — can serve as a bellwether for AI traction, indicating which tools are more likely to play key roles in the hospital of the future. Read more...
Gold standard ‘Mayo Score’ detects ulcerative colitis severity and assists in tracking treatment effectiveness

The scoring system has been touted as the preferred method due to its clarity and consistency and has been licensed more than 100 times. Read more...
Time Magazine: Best Inventions of 2024

A list of 200 groundbreaking inventions (and 50 special mention inventions) that are changing how we live, work, play and think about what’s possible.
Select Mayo Clinic portfolio companies that made the list include Abridge, Phenomix Sciences and Unify Medical. Read more...
Five tech breakthroughs bringing us closer to beating cancer 

"I would put radiopharmaceuticals and radioligand therapies at the top of the list,” says Manu Nair, Head of Corporate Development at Mayo Clinic. Read more...
SkylineDx reports data from melanoma genomic assay in U.S. trial 

Carried out across nine U.S. academic sites, the trial was led by Dr. Vernon Sondak of Moffitt Cancer Centre, Dr. Tina Hieken from Mayo Clinic and Dr. Michael Egger of UofL Health Brown Cancer Centre.  Read more...
E-Star BioTech set to initiate phase 2 clinical trial of MANP in Resistant Hypertension with support of latest investment

MANP was originally discovered by John C. Burnett Jr., MD, Director of the Cardiorenal Research Laboratory at Mayo Clinic. Read more...
NEW COLLABORATIVE EFFORTS
Biomendex announced a collaboration with Mayo Clinic to further develop Adaptos®, a fully synthetic and biodegradable bone graft material. Read more...
Lin Health has entered into a collaboration with Mayo Clinic to expand access to evidence-based, tech-enabled chronic pain care. Read more...
Leo Cancer Care has unveiled plans to create a unique research group consisting of global healthcare providers to include Centre Léon Bérard, Cone Health, IHH Healthcare, Mayo Clinic and OncoRay. Read more...
FUNDING NEWS
Aignostics secures $34M Series B to enhance precision medicine with AI

A portion of the funding is intended to be used for developing leading foundation models for pathology in collaboration with Mayo Clinic. Read more...
ECONOMIC NEWS
Rochester outpaces rest of state in job growth - by a lot
Star Tribune
Excerpt: The strong job numbers come as Mayo Clinic breaks ground on the first phases of “Bold. Forward. Unbound. in Rochester.”

“Medtech is one of those areas of the economy that may not get much attention today, but I am very bullish about it in the future,” said John Wade, president of Rochester Area Economic Development Inc. (RAEDI), pointing to the recent success of Mayo Clinic spinoffs like Vyriad and Rion... Read more...
UPCOMING EVENTS
Learn how Mayo Clinic is advancing digital pathology efforts by connecting with Business Development staff Andy Danielsen, Seth Eisenman and Alex Lin at Pathology Visions , November 3-5, in Orlando, Florida.
Walleye Tank is Minnesota’s life science pitch competition providing an educational and promotional opportunity for emerging and established medical and life science companies. Interested in applying to pitch? Apply here.

Friday, December 6, 2024 | 3 p.m. - 6 p.m. CT
BUSINESS DEVELOPMENT JOB OPENINGS

  • Technology Development Associate - Mayo Clinic Ventures
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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