{"46316":{"#nid":"46316","#data":{"type":"news","title":"New Center Supports Growth of the Medical Device Industry","body":[{"value":"\u003Cp\u003EFour of Georgia\u0027s leading research and health care organizations have joined together to create a new innovation center that will accelerate the development and commercialization of next-generation medical devices and medical technology.  The first of its kind in the Southeast, the Global Center for Medical Innovation (GCMI) will include a comprehensive medical device prototyping center.\u003C\/p\u003E\n\u003Cp\u003ESupported by the Georgia Institute of Technology, Saint Joseph\u0027s Translational Research Institute (SJTRI), Piedmont Healthcare and the Georgia Research Alliance (GRA), the new center will bring together the complete medical device marketplace -- which includes universities, research centers and clinicians; established drug and device companies; investors, and early-stage companies. The new center will be located adjacent to the Georgia Tech campus in Technology Enterprise Park (TEP).\n\u003C\/p\u003E\n\u003Cp\u003EThe new Global Center for Medical Innovation was announced by Georgia Governor Sonny Perdue May 19th at the 2009 BIO International Convention at the Georgia World Congress Center.\n\u003C\/p\u003E\n\u003Cp\u003E\u0022The convergence of the life sciences with engineering provides a unique opportunity to expand our technology in areas that will support the health care industry of the future,\u0022 said G. P. \u0022Bud\u0022 Peterson, president of Georgia Tech.  \u0022The Global Center for Medical Innovation will bring together in one location the key infrastructure needed to rapidly move new medical devices and new medical technologies to market.\u0022\n\u003C\/p\u003E\n\u003Cp\u003EThe new center will include:\n\u003C\/p\u003E\n\u003Cp\u003E\u0026bull; A complete medical device prototyping center;\u003Cbr \/\u003E\n\u0026bull; A capability to produce evaluation devices using \u0022good manufacturing practices\u0022 mandated by the U.S. Food \u0026amp; Drug Administration (FDA); and\u003Cbr \/\u003E\n\u0026bull; The ability to manage, coordinate and aggregate intellectual property from the partner organizations and interested private companies.\n\u003C\/p\u003E\n\u003Cp\u003EThe Saint Joseph\u0027s Translational Research Institute (SJTRI), the research division of Saint Joseph\u0027s Health System, will add the capability for preclinical studies of new devices and technologies.  SJTRI has recently opened a new, state-of-the art, 32,000-square-foot preclinical research facility at Technology Enterprise Park.  With the GCMI resources, that will provide a comprehensive set of services for developing, testing and prototyping medical innovations.\n\u003C\/p\u003E\n\u003Cp\u003EThe leading-edge medical research conducted at the founding institutions will be the engine behind the new center.  By bringing together physicians with direct experience at treating patients with scientists and engineers, GCMI will facilitate the development of technology that meets real-world medical needs.\n\u003C\/p\u003E\n\u003Cp\u003E\u0022Physicians on the front lines of patient treatment have a very real appreciation of the need for new technology, but they often lack the resources to translate their ideas and solutions into new medical devices,\u0022 said Jay S. Yadav, M.D., chairman of the Piedmont Healthcare Center for Medical Innovation, a cardiologist with Piedmont Heart Institute Physicians and CEO of Atlanta medical device company CardioMEMS.  \u0022By collaborating with institutions like Georgia Tech, we can meet patient needs and create new business opportunities.\u0022\n\u003C\/p\u003E\n\u003Cp\u003EThe proximity to university resources will also make the center attractive to outside industry and startup companies. \n\u003C\/p\u003E\n\u003Cp\u003E\u0022Investments in Georgia\u0027s research universities are helping to create the knowledge and innovation necessary to expand the medical device industry in the state,\u0022 said Mike Cassidy, president and CEO of the Georgia Research Alliance (GRA), a public-private organization that supports the development of technology industry in Georgia.  \u0022Through activities like GCMI and Georgia Research Alliance commercialization activities at the state\u0027s research universities, we are supporting the development and growth of this promising industry.\u0022\n\u003C\/p\u003E\n\u003Cp\u003EBecause of the research strengths of the partnering institutions, the center\u0027s initial focus is expected to include devices and technologies in cardiology, orthopedics and pediatrics. The only one of its kind in the Southeast, the new center is expected to attract companies from outside Georgia.   \n\u003C\/p\u003E\n\u003Cp\u003E\u0022Medical device companies in the Southeast have long suffered a disadvantage compared to competitors that have access to long-established support networks,\u0022 said Nicolas Chronos, M.D., president of the Saint Joseph\u0027s Translational Research Institute and an internationally-known cardiologist and researcher.  \u0022The new Georgia center will allow companies to contract with a single entity for comprehensive development activities, create a single location for investors seeking qualified medical device companies, and allow innovations developed by multiple institutions to be combined to create more useful devices.\u0022\n\u003C\/p\u003E\n\u003Cp\u003EGCMI is a not-for-profit entity that will have its own governing board with representatives from the partners and stakeholders.  A startup manager who will direct the center is expected to be named in the next few months.\n\u003C\/p\u003E\n\u003Cp\u003E\u0022By bringing together these public and private resources, we have provided a strong foundation for accelerating the growth of the medical device and medical technology industry in Georgia,\u0022 said Governor Perdue.  \u0022This partnership demonstrates the strengths Georgia provides industry through collaborations among its research universities, health care organization and the Georgia Research Alliance.\u0022\n\u003C\/p\u003E\n\u003Cp\u003E\u003Cstrong\u003EResearch News \u0026amp; Publications Office\u003Cbr \/\u003E\nGeorgia Institute of Technology\u003Cbr \/\u003E\n75 Fifth Street, N.W., Suite 100\u003C\/strong\u003E\u003Cbr \/\u003E\nAtlanta, Georgia  30308  USA\n\u003C\/p\u003E\n\u003Cp\u003E\u003Cstrong\u003EMedia Relations Contacts\u003C\/strong\u003E: John Toon (404-894-6986); E-mail: (\u003Ca href=\u0022mailto:jtoon@gatech.edu\u0022\u003Ejtoon@gatech.edu\u003C\/a\u003E) or Abby Vogel (404-385-3364); E-mail: (\u003Ca href=\u0022mailto:avogel@gatech.edu\u0022\u003Eavogel@gatech.edu\u003C\/a\u003E).\n\u003C\/p\u003E\n\u003Cp\u003E\u003Cstrong\u003EWriter\u003C\/strong\u003E: John Toon\n\u003C\/p\u003E","summary":null,"format":"limited_html"}],"field_subtitle":[{"value":"Global Center for Medical Innovation is First of its Kind in Southeast"}],"field_summary":[{"value":"Four of Georgia\u0027s leading research and health care organizations have joined together to create a new innovation center that will accelerate the development and commercialization of next-generation medical devices and medical technology.","format":"limited_html"}],"field_summary_sentence":[{"value":"A new partnership is advancing medical device development"}],"uid":"27303","created_gmt":"2009-05-19 00:00:00","changed_gmt":"2016-10-08 03:03:14","author":"John Toon","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2009-05-19T00:00:00-04:00","iso_date":"2009-05-19T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"46317":{"id":"46317","type":"image","title":"Mark Allen-Jay Yadav","body":null,"created":"1449174401","gmt_created":"2015-12-03 20:26:41","changed":"1475894416","gmt_changed":"2016-10-08 02:40:16","alt":"Mark Allen-Jay Yadav","file":{"fid":"101092","name":"thi67359.jpg","image_path":"\/sites\/default\/files\/images\/thi67359_0.jpg","image_full_path":"http:\/\/www.tlwarc.hg.gatech.edu\/\/sites\/default\/files\/images\/thi67359_0.jpg","mime":"image\/jpeg","size":1761523,"path_740":"http:\/\/www.tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/thi67359_0.jpg?itok=qFvWmMOo"}},"46318":{"id":"46318","type":"image","title":"Dr. Peterson","body":null,"created":"1449174401","gmt_created":"2015-12-03 20:26:41","changed":"1475894416","gmt_changed":"2016-10-08 02:40:16","alt":"Dr. Peterson","file":{"fid":"101093","name":"trq67359.jpg","image_path":"\/sites\/default\/files\/images\/trq67359_0.jpg","image_full_path":"http:\/\/www.tlwarc.hg.gatech.edu\/\/sites\/default\/files\/images\/trq67359_0.jpg","mime":"image\/jpeg","size":964602,"path_740":"http:\/\/www.tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/trq67359_0.jpg?itok=WhwXFyRp"}},"46319":{"id":"46319","type":"image","title":"Dr. Peterson-Gov. Perdue","body":null,"created":"1449174401","gmt_created":"2015-12-03 20:26:41","changed":"1475894416","gmt_changed":"2016-10-08 02:40:16","alt":"Dr. Peterson-Gov. Perdue","file":{"fid":"101094","name":"tzl67359.jpg","image_path":"\/sites\/default\/files\/images\/tzl67359_0.jpg","image_full_path":"http:\/\/www.tlwarc.hg.gatech.edu\/\/sites\/default\/files\/images\/tzl67359_0.jpg","mime":"image\/jpeg","size":1996196,"path_740":"http:\/\/www.tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/tzl67359_0.jpg?itok=t4yrrcP9"}}},"media_ids":["46317","46318","46319"],"related_links":[{"url":"http:\/\/www.gatech.edu\/president\/","title":"Georgia Tech President G.P. (Bud) Peterson"},{"url":"http:\/\/www.gra.org\/","title":"Georgia Research Alliance"}],"groups":[{"id":"1188","name":"Research Horizons"}],"categories":[{"id":"129","name":"Institute and Campus"},{"id":"131","name":"Economic Development and Policy"},{"id":"132","name":"Institute Leadership"},{"id":"145","name":"Engineering"},{"id":"146","name":"Life Sciences and Biology"},{"id":"135","name":"Research"}],"keywords":[{"id":"528","name":"device"},{"id":"341","name":"innovation"},{"id":"571","name":"marketplace"},{"id":"572","name":"partnership"}],"core_research_areas":[],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cstrong\u003EJohn Toon\u003C\/strong\u003E\u003Cbr \/\u003EResearch News \u0026amp; Publications Office\u003Cbr \/\u003E\u003Ca href=\u0022http:\/\/www.gatech.edu\/contact\/index.html?id=jt7\u0022\u003EContact John Toon\u003C\/a\u003E\u003Cbr \/\u003E\u003Cstrong\u003E404-894-6986\u003C\/strong\u003E","format":"limited_html"}],"email":["jtoon@gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}