Partners HealthCare announced today that it was awarded a seven year grant worth $12 million from the National Institutes of Health to form the Boston-Biomedical Innovation Center. The innovation center will also include its founding hospitals, Brigham and Women’s Hospital and Massachusetts General Hospital.
The grant is part of the National Institutes of Health’s major initiative to improve how basic science advances and discoveries are translated into commercially viable products that improve patient care and advance public health. The Boston-Biomedical Innovation Center is just one of the three established inaugural, multi-institution NIH Centers for Accelerated Innovations (NCAIs) including:
- Cleveland Clinic Innovation Accelerator: The Cleveland Clinic Lerner College of Medicine; Case Western Reserve University, Cleveland; Cincinnati Children’s Hospital; The Ohio State University, Columbus; and University of Cincinnati
- UC BRAID Center for Accelerated Innovation: University of California, Los Angeles; University of California, Davis; University of California, Irvine; University of California, San Diego; and University of California, San Francisco
To date, the NIH National Heart, Lung, and Blood Institute (NHLBI)has issues grants totaling $31.5 million to establish the three multi-institution NCAIs.