• By Duska Anastasijevic

New Mayo Clinic Israeli Startups Initiative to Accelerate Innovation

May 20, 2016

Israeli Advanced Technology (IATI) Biomed conferenceROCHESTER, Minn. — Mayo Clinic is launching a unique effort to promote collaborations among promising Israeli startup companies and Mayo Clinic innovators. The Mayo Clinic Israeli Startups initiative will encourage collaboration among Israeli health care startup companies and Mayo Clinic to accelerate availability of medical innovations to the public. This initiative will also introduce Israeli health care technology to the U.S. through the outreach and collaborations among physicians and scientists to advance the development of new discoveries for the benefit of patients everywhere.

Mayo Clinic will announce this entrepreneurial initiative, to be managed by Mayo Clinic Ventures, the commercialization office of Mayo Clinic, at Israeli Advanced Technology (IATI) Biomed 2016. This conference, to be held May 24–May 26 in Tel Aviv, Israel, is the leading event for Israel’s life sciences industry. The conference brings together industry experts from around the globe.

“We are excited to launch this initiative at this premier life sciences global gathering and look forward to advancing the research and development innovations that have high potential to alleviate the burdens of human disease,” says Amir Lerman, M.D., medical director of the Mayo Clinic Israeli Startup Initiative and a Mayo Clinic cardiologist.

MEDIA CONTACT: Duska Anastasijevic, Mayo Clinic Public Affairs, 507-284-5005, newsbureau@mayo.edu

“Israel has been at the leading edge of life sciences and biomedical technology,” says James Rogers, chair of Mayo Clinic Ventures. “We are grateful for the opportunity to reach out to the Israeli startups through this initiative, as they are a part of one of the most vibrant innovation communities in the world.”

The initiative begins with financial support by Paul and Elisabeth Merage of the Merage Institute, a nonprofit organization dedicated to training high-tech Israeli entrepreneurs and facilitating their collaboration with U.S. partners.

The Mayo Clinic Israeli Startups Initiative will fund sponsored research and co-development activities among Mayo Clinic and Israeli startups that demonstrate innovation and commercial potential.

Mayo Clinic and Mayo Clinic Ventures will exhibit at the IATI Biomed 2016.

About Mayo Clinic Ventures
Mayo Clinic Ventures serves Mayo Clinic’s mission by finding partners that can bring Mayo’s inventions to the marketplace, where they can be used to improve medicine everywhere. Mayo Clinic Ventures’ mission is straightforward: Commercialize Mayo Clinic technologies for the benefit of patients worldwide, while generating revenue to support clinical practice, research and education at Mayo Clinic. For more information, visit http://ventures.mayoclinic.org/.

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About Mayo Clinic
Mayo Clinic is a nonprofit organization committed to clinical practice, education and research, providing expert, whole-person care to everyone who needs healing. For more information, visit http://www.mayoclinic.org/about-mayo-clinic or https://newsnetwork.mayoclinic.org/.

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