Upload
innoventurecommunity
View
215
Download
0
Embed Size (px)
Citation preview
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
1/15
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
2/15
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
3/15
Michael GaraMichael Gara M.S., MBAM.S., MBA
30+ years in healthcare industry30+ years in healthcare industry
Large and small co's (Baxter, Astra Zeneca, Schwarz, Bone Care,Large and small co's (Baxter, Astra Zeneca, Schwarz, Bone Care,
CURxCURx startstart--up) in R&D, Manufacturing, Business Developmentup) in R&D, Manufacturing, Business Development
Funded university startFunded university start--ups & medtech companies as a Ventureups & medtech companies as a Venture
Capitalist (worked on 4 university startCapitalist (worked on 4 university start--ups, diligence on over 20ups, diligence on over 20
medtech companies)medtech companies)
Worked in Tech Transfer at University of Chicago (portfolio of overWorked in Tech Transfer at University of Chicago (portfolio of over
200 disclosures, started two medtech companies)200 disclosures, started two medtech companies)
Last position at Coulter Foundation, directed two national programsLast position at Coulter Foundation, directed two national programs
in biomedical translational research (over 600 grants and ~$70M inin biomedical translational research (over 600 grants and ~$70M in
funding)funding)
IntroductionIntroduction--DirectorDirector
Technology DevelopmentTechnology Development
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
4/15
Role at CUBEInCRole at CUBEInC
Oversee the Partnership program for CUBEInC and increase the commercializationOversee the Partnership program for CUBEInC and increase the commercialization
of medical technology from Clemsonof medical technology from Clemson
Educate faculty and students to increase awareness of translational elements ofEducate faculty and students to increase awareness of translational elements of
commercialization for their researchcommercialization for their research
Serve as mentor to faculty and students to increase interactions with clinicians andServe as mentor to faculty and students to increase interactions with clinicians and
industryindustry
Develop curriculum for MBA program to train students for technologyDevelop curriculum for MBA program to train students for technology
commercializationcommercialization
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
5/15
MD/PhDDMD/PhD
Clinical ResearchResearch Training
Translational ResearchFrom Bench to Bedside
EducationIncubation
Basic ResearchTechnology
Development
(BS, MS, PhD)
19631963
20032003
20032003
20092009
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
6/15
Use problemUse problem--solving skills to meet customer challengessolving skills to meet customer challenges
Connect with biomedical engineering experts and inventorsConnect with biomedical engineering experts and inventors
Access cuttingAccess cutting--edge facilities for medical device andedge facilities for medical device and
technology developmenttechnology development
Contribute to shaping the biomedical workContribute to shaping the biomedical work--force and itsforce and its
developmentdevelopment
Engage in businessEngage in business--building opportunities.building opportunities.
Collaborate with GHS and other cliniciansCollaborate with GHS and other clinicians
WhereWhere Clemson Students & FacultyStudents & Faculty
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
7/15
P R E S E N T A T I O NP R E S E N T A T I O NP R E S E N T A T I O NP R E S E N T A T I O N
100-acre Patewood Medical Campus
OutpatientOutpatient CentersCentersPatewoodPatewood Medical OfficesMedical Offices
PatewoodPatewood Memorial HospitalMemorial Hospital
AA
BB CC
200 Patewood Drive, Suite200 Patewood Drive, Suite
400C Greenville SC 29615400C Greenville SC 29615
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
8/15
Strategically located above end-usersand customers (health care
professionals)
Research and training facilities,innovation/partnership space, meetingand networking accommodations forscientists and clinicians, and state-of-
the-art surgical-skills facilities Shared facilities and multi-user rooms
Unique and innovative designstimulating collaboration, innovationand creativity
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
9/15
High Impact Benefits
Enhanced education and training for more competitive andmarketable students enhanced degree market value
Social responsibility as public university
Substantial revenue through technology licensing (industrypartnership increases licensing successes)
Targeted and competitive recruitment of faculty, staff, andstudents
Clemson and GHS competitiveness in United States (unique
set-up for enhanced visibility and reputation) New paradigm for integrated applied research in engineering
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
10/15
FacilitiesAnd
Infrastructure
TranslationalResearch andInnovation
Incubation
TechnologyTransfer
BiomedicalEconomic
Development
ContinuingEducation
WorkforceM.S.
WorkforcePh.D.
WorkforceB.S.
BioE highest productivity for disclosures (>100invention disclosures since 2000)
Currently ~ 20 issued & active patents
Bioengineering driven start-ups
Sensortech Inc. (2009 Innovision Small Enterprise
Award) (Patent held by Clark (Founder of
Sensortech) and LaBerge) Kiyatech Inc. (Patent held by Geveart (co-founder)
and Burg) (at GHS ITOR)
CUBEInC & Economic Development
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
11/15
Bioengineering Senior Design
Medical Device Innovation Through Clinical and Industrial DesignCollaborations
Year Seniors
2008 6
2009 29
2010 54
2011 62
2012 90
Partner
GHS Division of Surgery
15 Design Teams
25 Clinical Mentors
Urology, Minimally Invasive, Pediatrics
ENT, Vascular, Trauma, Cardio-Thoracic
Plastic Surgery, Oncology
Rehabilitation
Orthotics
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
12/15
Achievements 2011-2012
Collegiate Inventors CompetitionCollegiate Inventors Competition33rdrdplaceplace
NSF INSF I--Corps grantCorps grant
National Collegiate Inventors andNational Collegiate Inventors andInnovators AllianceInnovators Alliance BMEstartBMEstart
undergraduate design competitionundergraduate design competition
11ststplaceplace
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
13/15
The Funding Gap
CUBEInCCUBEInC
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
14/15
Conclusions
CUBEInC is a place to bring together clinicians and scientists
to solve today's pressing clinical needs
Robust clinically driven research projects can be translated
from bench to bedside if the right process is followed Critical gap funding is needed to enable research to meet
investor and industry needs (derisking)
Policies and procedures must be implemented to enable
seamless translation from research to marketplace
We are working together to make this all happen!
7/27/2019 presentation_file_51f7fc4d-8404-4057-98de-0138ac101fea
15/15
The Good Stuff!
Examples of clinically driven research being conducted
here at CUBEInC and Clemson
Orthopedics
Tissue Engineering
Drug design and delivery
Please hold questions until the social function due to time
constraints