The Mayo Clinic is partnering with Arizona State University to launch a new facility that will feature a MedTech Accelerator, according to an ASU release posted late last week.
The new 150,000-square-foot Health Futures Center will contain the incubator, biomedical engineering and informatics research labs, nursing programs and an education zone, according to the report.
The new facility is scheduled to open in late 2020 and will be owned and operated by the university and connected to the Mayo Clinic through a desert pathway.
The Mayo-ASU alliance launched MedTech Accelerator will be housed on the second floor of the building once it is complete. The program provides early-stage medical device and healthcare IT companies with personalized business development plans, according to the report.
“Mayo Clinic and ASU share a vision. It’s a vision to create a collaborative environment of expertise right here in the Valley. And this place will be a destination for students, for entrepreneurs, for biomedical professionals. They will come to us from everywhere in the region and, indeed, from around the world. This will be a hub of life science innovation that will not only benefit ASU students and researchers but truly the patients of the future,” Mayo Clinic prez & CEO Gianrico Farrugia said in a press release.
“”e think that the two of us together can be the corpus or the center or the anchor of what could evolve to be something that hasn’t yet developed in this country and hasn’t yet developed anywhere in the world, and that is the broadest focused health futures place,” ASU prez Michael Crow said in a prepared statement.