Generous Foundation Grant to Help Start New Global Technology Development Program at Henry Ford Health System
DETROIT April 3, 2017 – Henry Ford Health System is pleased to
announce it has received nearly $2 million in grant funding from the
William Davidson Foundation to support and advance its innovations
unit. Over the next two years, Henry Ford Innovations will receive
$1.3 million to support its core programs and up to $675,000 to help
build its new Global Technology Development Program.
Henry Ford Innovations is responsible for leveraging the health
system's intellectual property to improve the efficiency, quality, and
cost of healthcare both locally and globally. Its programs include
commercialization of new technology, corporate collaborations,
education and training of healthcare innovators, and global licensing
including the health system's "know-how" for the development of new
hospitals overseas. In addition to supporting these core programs, the
William Davidson Foundation grant will help fund the new Global
Technology Development Program, designed to identify and co-develop
technologies developed in Israel and bring them to the U.S. market.
"To continue the revitalization of southeast Michigan and expand
opportunity and prosperity for generations to come, we need to
cultivate ideas and entrepreneurial talent here, while tapping into
innovations from around the world," said Darin McKeever, chief program
and strategy officer for the William Davidson Foundation. "That's why
we're pleased to continue our support for Henry Ford Innovations in
this way. Our relationship with their team is a long and rewarding
one, as is our interest in strengthening Israel. We're especially
delighted to support a pilot program that facilitates collaboration
between Henry Ford Innovations and Israeli inventors and entrepreneurs
so that they can bring their best products to market – and do it
here."
"We are so grateful for the continued generosity of the William
Davidson Foundation, particularly for the opportunities within this
new program," said Mark Coticchia, Vice President and Chief Innovation
Officer for Henry Ford Health System. "Since its inception, Henry Ford
Innovations has been committed to the mission of improving the
healthcare experience for both patients and providers. Areas like
Israel are rich in technology development and innovation, and we are
well-positioned to harness those ideas for the benefit of southeast
Michigan."
Scott Dulchavsky, M.D., Ph.D., CEO of the Henry Ford Innovation Institute and
Chairman of Surgery and Surgeon in Chief at Henry Ford Hospital, said
one of the biggest challenges for global healthcare innovators is the
translation to the U.S. market. "Without a full understanding of the
market landscape, as well as regulatory and quality requirements, even
a brilliant idea may not succeed. Henry Ford provides the clinical
partnership and expertise these companies need to develop, analyze,
and ultimately introduce a successful product that provides healthcare
value."
Henry Ford has already built an extensive global network, including
relationships with healthcare leaders, entrepreneurs and investors in
Saudi Arabia, India, and, now Israel. "We've met with more than two
dozen Israeli digital and mobile health startups in both Tel Aviv and
Jerusalem," said Dulchavsky. "This new funding will help us expedite
our outreach, identify key partners, and start working to bring more
technology solutions to healthcare."
Israel continues to be a global leader in technology and innovation.
In addition to being the highest per capita research and development
spender globally, it is also home to more startups than anywhere
outside Silicon Valley. There are also more Israeli companies listed
on the NASDAQ than Japan, India, and Korea combined.
The portion of the foundation grant earmarked for the Global
Technology Development Program is a challenge grant, encouraging Henry
Ford to raise matching support for its work in Israel. Coticchia said
it's a mission he hopes others will join. "What we do at Henry Ford
Innovations is truly unique. It's been an honor to work with both our
internal and external partners to improve the quality of life through
new ideas and meaningful collaborations."
announce it has received nearly $2 million in grant funding from the
William Davidson Foundation to support and advance its innovations
unit. Over the next two years, Henry Ford Innovations will receive
$1.3 million to support its core programs and up to $675,000 to help
build its new Global Technology Development Program.
Henry Ford Innovations is responsible for leveraging the health
system's intellectual property to improve the efficiency, quality, and
cost of healthcare both locally and globally. Its programs include
commercialization of new technology, corporate collaborations,
education and training of healthcare innovators, and global licensing
including the health system's "know-how" for the development of new
hospitals overseas. In addition to supporting these core programs, the
William Davidson Foundation grant will help fund the new Global
Technology Development Program, designed to identify and co-develop
technologies developed in Israel and bring them to the U.S. market.
"To continue the revitalization of southeast Michigan and expand
opportunity and prosperity for generations to come, we need to
cultivate ideas and entrepreneurial talent here, while tapping into
innovations from around the world," said Darin McKeever, chief program
and strategy officer for the William Davidson Foundation. "That's why
we're pleased to continue our support for Henry Ford Innovations in
this way. Our relationship with their team is a long and rewarding
one, as is our interest in strengthening Israel. We're especially
delighted to support a pilot program that facilitates collaboration
between Henry Ford Innovations and Israeli inventors and entrepreneurs
so that they can bring their best products to market – and do it
here."
"We are so grateful for the continued generosity of the William
Davidson Foundation, particularly for the opportunities within this
new program," said Mark Coticchia, Vice President and Chief Innovation
Officer for Henry Ford Health System. "Since its inception, Henry Ford
Innovations has been committed to the mission of improving the
healthcare experience for both patients and providers. Areas like
Israel are rich in technology development and innovation, and we are
well-positioned to harness those ideas for the benefit of southeast
Michigan."
Scott Dulchavsky, M.D., Ph.D., CEO of the Henry Ford Innovation Institute and
Chairman of Surgery and Surgeon in Chief at Henry Ford Hospital, said
one of the biggest challenges for global healthcare innovators is the
translation to the U.S. market. "Without a full understanding of the
market landscape, as well as regulatory and quality requirements, even
a brilliant idea may not succeed. Henry Ford provides the clinical
partnership and expertise these companies need to develop, analyze,
and ultimately introduce a successful product that provides healthcare
value."
Henry Ford has already built an extensive global network, including
relationships with healthcare leaders, entrepreneurs and investors in
Saudi Arabia, India, and, now Israel. "We've met with more than two
dozen Israeli digital and mobile health startups in both Tel Aviv and
Jerusalem," said Dulchavsky. "This new funding will help us expedite
our outreach, identify key partners, and start working to bring more
technology solutions to healthcare."
Israel continues to be a global leader in technology and innovation.
In addition to being the highest per capita research and development
spender globally, it is also home to more startups than anywhere
outside Silicon Valley. There are also more Israeli companies listed
on the NASDAQ than Japan, India, and Korea combined.
The portion of the foundation grant earmarked for the Global
Technology Development Program is a challenge grant, encouraging Henry
Ford to raise matching support for its work in Israel. Coticchia said
it's a mission he hopes others will join. "What we do at Henry Ford
Innovations is truly unique. It's been an honor to work with both our
internal and external partners to improve the quality of life through
new ideas and meaningful collaborations."
Comentários
Postar um comentário