MedStar Health and Cleveland Clinic launched the Global Healthcare Innovations Alliance together on 1/11/11 at 11:11AM – a symbolic expression of the Alliance being the first of its kind. The Alliance was established to benefit patients through collaborative innovation projects, research, clinical investigation, and commercialization application. As the first joint initiative of this new alliance, Cleveland Clinic Innovations provides on-the-ground support to assist the MedStar Institute for Innovation in tapping into the creative talents of MedStar’s associates and manage an “idea-to-market” process.
For more than 10 years, Cleveland Clinic Innovations has earned a reputation as an industry leader in navigating the commercialization process, resulting over 40 spin-off companies and more than 300 licensed technologies. MedStar Health has a record of producing innovative solutions in informatics, simulation training and elder home care, and has made a broad commitment to expand innovation into all areas of clinical care.
The Alliance also launched MedStar Inventor Services which is the operational unit responsible for advancing the best ideas of MedStar associates from concept to reality, transforming inventions into commercial products and services. Since the Innovation Alliance began in January 2011, MedStar Inventor Services has received over 215 invention disclosures received from MedStar Associates; prior to the Alliance MedStar had no internal Intellectual Property infrastructure.
In December 2013, MedStar signed the first significant deal under the Alliance with InnoVital Systems of Beltsville, MD, to license patent rights for a device that potentially could make it easier for patients with severe lung and neuromuscular diseases to breathe. The device is called InVent Diaphragm Assist Device (DAD), and its inventor is William Krimsky, MD, director of the Center for Interventional Pulmonology at MedStar Franklin Square Medical Center in Baltimore.
A little over a year into the Alliance, North Shore-LIJ (New York), the U.S.’s second-largest, non-profit, secular healthcare system, was welcomed as the second Alliance member. Five additional institutions have since joined including University of Notre Dame (Indiana), ProMedica (Ohio and Michigan), Edward Via College of Osteopathic Medicine (VCOM – Virginia)), The Innovation Institute (California), and Marshfield Clinic (Wisconsin).
The two founding members are actively exploring additional collaboration opportunities together, as well as among the six others Alliance members.