Cleveland Clinic Innovations

Description

Cleveland Clinic Innovations commercializes technology, inventions and related capabilities from throughout the Cleveland Clinic. Its comprehensive approach includes prototyping, seed and product development funds, clinical trials, translational research cores, animal facilities, on-site accelerator, executives-in-residence, allied venture capital, expert staff, venture advisors, start-up mentoring programs, selective in-licensing and ideation labs. Cleveland Clinic Innovations leverages the exceptionally innovative capacity of the Cleveland Clinic that started with its founding and continues today with more than 200 new inventions per year. The Cleveland Clinic promotes constant interaction between its scientists and clinicians. Its breakthroughs are based on coupling fundamental scientific insights with those gained from the clinical use of thousands of medical products - a situation not found in industry or universities. Cleveland Clinic Innovations advances commercial oriented innovation and transforms promising therapies, devices and diagnostics into products by creating spin-off companies, licensing to established companies and enabling equity partnerships.