Volume 3, Issue 11 | November 2025
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Turning innovation into better outcomes
Collaborate with Mayo Clinic to license pioneering technologies that bridge the gap between discovery and patient impact.
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BioLabs expands to Rochester, Minnesota, in strategic collaboration with Mayo Clinic and others to accelerate healthtech innovation
BioLabs
Where startup energy meets world-class clinical discovery: BioLabs is bringing its first Midwest location to Rochester, Minnesota, in collaboration with Mayo Clinic, the Destination Medical Center initiative and local partners. The new 16,000 sq ft facility will provide biotech and HealthTech startups with turnkey labs, offices and direct access to a thriving innovation ecosystem.
Read more…
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Melanoma test may spare patients from needing biopsy surgery. Read more...
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Hidden factor driving aggressive prostate cancer uncovered. Read more...
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AI tools from Mayo Clinic help predict severe asthma risks. Read more...
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MAYO CLINIC PORTFOLIO COMPANIES
FUNDING NEWS
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Kardigan raises $254M Series B to advance personalized cardiovascular medicines.
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MediView closes $24M Series A to redefine surgical navigation and medical imaging.
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FYR lands $8M in funding to find new biomarkers for Parkinson’s disease and beyond.
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Johnson & Johnson MedTech advances AI fund
First awardees selected for Polyphonic™ AI Fund for Surgery QuickFire Challenge
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Congratulations goes to Mayo Clinic’s Cornelius Thiels, DO,
and his team on receiving Johnson & Johnson’s Polyphonic™ AI Fund for Surgery QuickFire Challenge Award for their innovative work developing AI models to detect surgical-site infections and wound complications. Their project was selected from submissions representing diverse teams across 29 countries, advancing data-driven solutions to enhance surgical decision-making and patient outcomes. Read more...
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MAYO CLINIC PORTFOLIO COMPANIES
TECHNOLOGY ADVANCEMENTS
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How AI technology helped an Iowa mom with breast cancer avoid a mastectomy
ABC News
While Mayo Clinic and other institutions are advancing AI tools for breast cancer detection, other centers such as Mercy Cedar Rapids are also using AI-powered imaging and ‘digital twin’ models to help patients. Watch video
to learn more about the use of tan AI-powered 3D digital twin powered by NVIDIA.
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Calico Life Sciences receives U.S. FDA Fast Track Designation for its investigational treatment of autosomal dominant polycystic kidney disease. Read more...
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FDA grants RMAT designation to Avobis Bio’s AVB-114, an implantable cell therapy designed to treat Crohn’s disease–related perianal fistulas. Read more...
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Corvus Health launches a digital platform to streamline surgical referrals and improve patient access to coordinated, efficient care. Read more...
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What it means to be a mission-driven medtech company
Cadence Neuroscience
CASE STUDY: Conducted at Mayo Clinic, a study found Cadence’s seizure monitoring and therapeutic equipment achieved a 93% median seizure reduction and assisted 50% of patients in achieving significant periods of seizure freedom, making a noticeable impact on quality of life. Watch video...
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HEARD AROUND MAYO CLINIC
WHAT OUR LEADERS ARE TALKING ABOUT
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CONNECT WITH US
UPCOMING EVENTS
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This issue dives into the journey from bedside to bench and back again, showcasing innovations in:
• Interventional radiology
• 3D modeling
• Transplant medicine
• Regenerative therapies
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See what you’ve been missing — view past issues packed with healthcare innovation and business development highlights.
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About Business Development
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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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