Speaking on Business: University of Utah Center for Medical Innovation
The medical incubator has helped create over 170 new technologies, file 111 patents and start over 50 sustainable companies.
This is Chris Redgrave for Zions Bank Speaking on Business.
Here in Utah, we like to innovate and take risks, which has led to a strong entrepreneurial culture. John Langell saw this ability and a need for additional support in medical innovation so he launched the University of Utah Center for Medical Innovation. In the seven years since, the medical incubator has helped create over 170 new technologies, file 111 patents and start over 50 sustainable companies.
The University of Utah Center for Medical Innovation is a unique medical accelerator that brings together Utah companies, student entrepreneurs and healthcare providers. The goal is to provide impactful healthcare innovations, made from the perspective of the end user. Physicians aren’t taught to innovate, so sometimes they see a need but do not have the tools to address the concern. Dr. Langell’s inspiration for The Center for Medical Innovation brings together an interdisciplinary team, with the needs and those who can create solutions.
Some of these groups are going on to win national-level awards and are creating solutions used around the globe, like the telesolutions company facilitating physician/patient telehealth visits. It already has 23,000 physician users and over 8 million minutes of healthcare visits.
Check them out at uofuhealth.utah.edu/center-for-medical-innovation.
The Speaking on Business program is now in its twentieth year.
For Zions Bank, I’m Chris Redgrave, speaking on business.
U of U Center for Medical Innovation
30 N. 1900 East, SOM 3B110
Salt Lake City, UT 84132