BOSTON, JUNE 16, 2015 – The Boston Biomedical Innovation Center (B-BIC), a healthcare consortium designed to accelerate commercialization of biomedical technologies, and the Forsyth Institute, a not-for-profit organization pioneering biomedical research for new diagnostics, devices and therapies, today announce that Forsyth will join B-BIC as a Participating Member. In this capacity, Forsyth researchers will have access to all capability and resources offered by B-BIC – grant funding, coaching, project management support, skill development, and access to FDA, CMS, and the investment community.
“We are very pleased to welcome the Forsyth Institute as a member of B-BIC because its members bring valuable, additional research capabilities to the Center”, said Joseph Loscalzo, MD, PhD, Chair, Department of Medicine at Brigham and Women’s Hospital, and Program Director of B-BIC. “As the newest member of our community, their participation increases B-BIC’s pipeline of clinically-motivated healthcare innovations and expands the range of potential applications”.
“Forsyth and B-BIC share the common goal of translating novel healthcare technologies into clinical practice, and we are, thus, very happy to join the B-BIC community”, said Philip Stashenko, DMD, PhD, President and CEO of Forsyth. “The synergies between our two organizations will strengthen our collective ability to introduce innovations that improve health and patient care.”
Over the next weeks, Forsyth and existing B-BIC investigators will actively identify specific areas of collaboration, share best practices, and participate in skills development activities.
The Boston Biomedical Innovation Center (B-BIC) is a consortium of academic medical centers, government, non-profit organizations, industry, and venture capital designed to accelerate translation of early stage biomedical innovations into commercially viable products. As an NIH National Center for Accelerated Innovation (NCAI) supported by the National Heart, Lung and Blood Institute (NHLBI), B-BIC provides grants, mentoring, and skills development to academic investigators for development of devices, diagnostics, and therapeutics addressing heart, lung, blood, and sleep disorders. In addition to NHLBI, B-BIC is supported by the two founding institutions of Partners HealthCare, Brigham and Women’s Hospital and Massachusetts General Hospital, as well as Harvard Medical School. The Center also includes Beth Israel Deaconess Medical Center, Boston Children’s Hospital, Boston Medical Center, Boston University, Draper Laboratory, Northeastern University, and the Veterans Administration Boston Healthcare System. For more information, visit b-bic.org.