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The Ohio State University, Cleveland Clinic Form Alliance to Focus on Accelerated Commercialization

Cleveland Clinic Innovations and The Ohio State University's Technology Commercialization and Knowledge Transfer Office entered into an alliance to accelerate and commercialize medical innovations. The collaboration is focused on improving and extending the lives of patients, and will have a positive impact on the State of Ohio through job creation and economic development.

Cleveland Clinic and Ohio State will share and use their comprehensive technology and commercialization service infrastructures to develop and deploy new medical innovations that are generated by researchers, physicians, faculty and administrative staff at both institutions. These innovations come in many forms, such as medical devices, patient services, new medical software systems, consumer products and startup companies.

The efforts of this collaboration will span the medical industry spectrum. One initial area of focus will be on neuromodulation. Software in medicine is also of high importance as new technologies allow researchers to analyze biomedical data from multiple locations and platforms – a capability that was nonexistent in the medical IT realm due to the wide variety of platforms used for data storage. (Source: Today's Medical Developments)