"The path for biomedical innovators to commercialize their technology is challenging to navigate, especially in an under-resourced area," one co-principal investigator tells the University of Montana's News Service.
That's why the school has been awarded $4 million from the National Institutes of Health to create the Skaggs Institute for Health Innovation's (SIHI's) Research Evaluation and Commercialization Hub (REACH), one of five such hubs in the country.
The goal of the hub is to help innovators in rural and tribal areas get access to expertise, funding, and mentorship in order to develop medical products that address unmet medical needs.
The five other hubs: Chicago Biomedical Consortium Hub of Innovative Technologies for Entrepreneurship and Science, led by Northwestern University Vanderbilt University Gulf Coast Consortia led by Texas A&M Health.
Mid-South REACH Hub led by Vanderbilt University
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