Please do not leave this page until complete. This can take a few moments.
UMass Chan Medical School and UMass Lowell have received $8.9 million from the National Institutes of Health in support for their development of home care technology.
The Center for Advancing Point of Care Technologies in Heart, Lung, Blood and Sleep Disorders, started by Worcester’s UMass Chan and UMass Lowell as part of an incubator project, is the award recipient. Seven centers researching home care and point-of-care technologies are receiving the grant.
“There’s increased attention about health care for all and accessibility for all,” Nathaniel Hafer, co-principal investigator on the project, said in a Thursday announcement from UMass Chan. “We want to push the envelope with thinking about new ways of delivering health care and new ways of making sure everybody can benefit from these technologies.”
The NIH award is a renewal of a 2018 funding round for the project, which led to the launch of 23 concept-to-funding innovations.
“There’s what’s considered a Valley of Death in the development of technologies between the time when someone comes up with a really good idea and starting a company, but they need resources to evaluate the technology and develop it. Few companies actually make it,” Dr. David McManus, UMass Chan’s co-investigator on the project, said in the press release. “CAPCaT’s goal is to identify that earlier-stage company, which is high risk but potentially high reward, bring in regulatory expertise and commercialization experts, and brainstorm with the team about other applications of the technology.”
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments