Hospitals and health systems around the country are working to spin off new technologies and therapies to produce startups and companies that can change the way healthcare is delivered.
Here are four health systems spinning off new technology and companies as reported by Becker's Hospital Review.
- Rochester, Minn.-based Mayo Clinic has partnered with venture capital firm Eclipse to create a company that specializes in developing technologies for radiopharmaceutical development, supply chain and manufacturing. The company, Nucleus RadioPharma, will create technologies to ensure cancer patients can access potentially life-saving radiopharmaceuticals.
- Newark, Del.-based ChristianaCare has spun off its first private biotech company aimed at using gene technology to develop clinically relevant oncologic therapeutics. The company, CorriXR Therapeutics, will use CRISPR gene-editing technology to develop oncology therapeutics for squamous cell carcinoma of the lung.
- Minneapolis-based Allina Health has launched hospital-at-home company Inbound Health with a $20 million investment. The spinoff firm will offer acute- or skilled-nursing care in the home through such services as in-home nursing and therapy, virtual visits with hospitalists and geriatricians, and biometric monitoring.
- Specialty pharmacy software created by Henry Ford Innovations, part of Detroit-based Henry Ford Health, is now available to pharmacies across the country. DromosPTM works in specialty pharmacies to help enhance monitoring, help patients find financial assistance and encourage best pharmacy practices. Henry Ford Health launchedthe software in 2013, and it is now used by seven specialty pharmacy systems.