St. Vincent, Austen BioInnovation Institute Announce Strategic Partnership to Develop New Products
The ABIA-St. Vincent partnership will focus initially on the area of orthopedics. To facilitate the first phase of this technology development initiative, ABIA’s biomedical engineers will spend time on-site at St. Vincent in partnered-innovation sessions. The sessions involve working directly with surgeons in the operating room to identify unmet clinical needs and problems that might lead to products and solutions. The collaborative process then allows for ABIA to further the commercialization path through market and intellectual property analysis, regulatory strategy, engineering design, prototype development and testing of new advances.
“As a biomedical engineer, now surgeon, I am aware of the innovation that takes place daily in the operating room,” said Dr.
“Our relationship with St. Vincent reinforces the ABIA partnership’s commitment to work with innovators everywhere to explore novel and pioneering ways to provide better care for patients,” said Dr.
The history of modern medicine shows that innovation is often generated outside of university or governmental constructs, according to Perse. “With the evolving bureaucratic nature of medicine and the difficulty for innovative, independent physicians to test their concepts due to the challenges of time and resources, the ability to engage with a proven bioengineering entity like ABIA creates enormous opportunities,” he said.
Participation in the ABIA Strategic Innovation Partnership is open to industry, health and educational systems and is meant to enhance the pace of invention across a wide range of organizations. Through the ABIA partnership, member organizations gain access to the tools and expertise needed to increase patient-centered innovation, product development and commercialization efforts in the high-growth life sciences sector.
About St. Vincent Charity Medical Center
St. Vincent Charity Medical Center is
About Austen BioInnovation Institute in
The Austen BioInnovation Institute in
SOURCE Austen BioInnovation Institute in