Press Release – Health 21st December 2012

Press Release – Health 21st December 2012

03-Jan-2013

‘Cleveland Clinic Innovations and Health announces collaboration to connect US and European digital health entrepreneurs ’

Dublin, 21st December, 2012 – Health, a multi-million Euro digital health technology programme, today announced Cleveland Clinic Innovations was joining as a collaborator to help build closer connections between US and European digital health entrepreneurs.

Cleveland Clinic Innovations joins IBM, GSK (GlaxoSmithKline), Silicon Valley Bank, PHS (Personal Health Solutions), Reckitt Benckiser, Enterprise Ireland, and Nesta to help build a global digital health ecosystem of supporters from the investment, entrepreneur and health community.

As part of the collaboration, Chris Coburn, Executive Director of Cleveland Clinic Innovations, will join the advisory board of Health. In addition Health teams will have the opportunity to be mentored by some of Cleveland’s most experienced key staff and attend Cleveland Clinic’s 11th Annual Medical Innovation Summit.

“We’re enthusiastic about this new relationship and sharing Cleveland Clinic Innovations’ expertise in commercializing patient-benefiting technologies,” Coburn said.

‘Cleveland Clinic has been at the forefront of medical innovation for almost a century – building global connections and supporting entrepreneurs. We are delighted to be working with them to launch Health’ – Eoghan Jennings – Health director

Applications for Health close on 23rd December 2012 – interested teams can apply at http://www.f6s.com/health

About Cleveland Clinic Innovations

Cleveland Clinic Innovations is the corporate venturing arm of Cleveland Clinic and is responsible for company creation, business development and commercialization of all medical technology throughout Cleveland Clinic and its Innovation Alliance partners, which include hospitals and universities throughout the United States and i360 Medical, based in Dublin, and representing the Alliances in many parts of Europe. Since it was founded in 2000, Cleveland Clinic Innovations has filed over 1,600 patents, has more than 400 active licenses and has 55 spin-off companies that have received nearly $700 million in equity investment. Close to 1,000 jobs have been generated as a result of Cleveland Clinic Innovations and its spin-offs, having a significant impact on the economic growth in Northeast Ohio.

About Health

Health partnerships combine a wealth of health and tech experience from the companies supporting the innovative programme including; IBM – founding partner, GSK (GlaxoSmithKline), PHS (Personal Health Solutions), Reckitt Benckiser and Enterprise Ireland, Nesta, Byrne Wallace and BLG. The team aims to support startups with a global network of partners and mentors from the Tech and Health sectors.

For further information, please contact:

Asim Qureshi, AxiCom

Tel: 020 8392 4050

Email: asim.qureshi@axicom.com