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Mayo Clinic's Department of Business Development serves as a pivotal bridge between healthcare innovation and industry collaboration, fostering advancements that significantly benefit patient care. By leveraging Mayo Clinic Ventures and Corporate Development, the organization enables technology commercialization and strategic partnerships aimed at transforming health and medicine.
The initiative has facilitated the launch of 390 startups, deployed over $300 million in investment capital, and generated $1.2 billion towards educational and research support. Through platforms like the Mayo Clinic Berg Innovation Exchange, the organization accelerates the commercialization of breakthrough healthcare solutions by offering valuable insights and fostering industry relationships.
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