WINSTON-SALEM, NC, April 4, 2022 – The Innovation Accelerator is open for business.
Regenerative medicine entrepreneurs can now benefit from the support of the world’s leading organization dedicated to advancing the scale and automation of regenerative medicine manufacturing – the RegenMed Development Organization (ReMDO) – to accelerate the transmission of technologies to patients.
As two driving forces in the field of regenerative medicine, ReMDO and its collaborating research partner, the Wake Forest Institute for Regenerative Medicine (WFIRM), launched the Innovation Accelerator, which is housed in the WFIRM space. This proximity provides access to state-of-the-art biomanufacturing equipment, industry expertise and talent to support innovative prototyping and commercial product development through its ReMDO testbed.
Among the new tenants of the Innovation Accelerator are players in regenerative medicine and biotechnology. Leaving the First Flight Center at Research Triangle Park in Raleigh, the first tenant to sign on is BioMedInnovations (BMI), a company that focuses on innovative technologies that work toward solutions for tissue and organ perfusion and preservation. Their scaled-down mobile platform, known as the recover™, will help the medical field transport donor organs further and longer to help more patients. BMI is seeking FDA clearance so it can begin focusing on the kidney transplant market.
“Joining the ReMDO Innovation Accelerator space in Winston-Salem just allowed us to find collaboration, engage in the ReMDO testbed with our devices, and launch faster,” said Carrie DiMarzio, CEO of BMI. “We learn and get feedback to improve our designs of these devices. It all starts with learning and when we learn and work together, we all win together.
Anthony Atala, MD, director of WFIRM, said the new companies that will come to the Innovation Accelerator represent a wide range of technologies, such as 3D printing and cell and tissue therapies.
“We are delighted to see the official launch of the Innovation Accelerator. This venture helps us advance the field of regenerative medicine nationwide,” Atala added.
Gary Green, Chief Operating Officer of ReMDO, said, “With the support of WFIRM and many companies in the region that support the field of regenerative medicine in areas such as reagent and diagnostics production, we believe that these companies can successfully commercialize their technologies.
The Innovation Accelerator is a key component of the established Regenerative Medicine Hub (RegenMed Hub), an ecosystem that brings together and leverages the resources and talent available through the Innovation District, and includes entities focused on regenerative medicine dedicated to advancing the field nationwide. A number of regenerative medicine start-ups and established companies are already operating in RegenMed Hub and the region, providing extensive resources for entrepreneurs and life science professionals.
WFIRM Media Contact: Bonnie Davis, [email protected]; 336-713-1597; 336-493-6184.
BMI Media Contact: Mark Finlay, [email protected]; 202-550-2120.
About the Wake Forest Institute for Regenerative Medicine: The Wake Forest Institute for Regenerative Medicine is recognized as an international leader in translating scientific discoveries into clinical therapies, with many world firsts, including the development and implantation of the first modified organ in a patient. More than 400 people at the institute, the largest in the world, work on more than 40 different tissues and organs. A number of basic principles of tissue engineering and regenerative medicine were first developed at the institute. WFIRM researchers have successfully designed replacement tissues and organs in all four categories – flat structures, tubular tissues, hollow organs and solid organs – and 15 different applications of technologies, such as skin, urethra, cartilage , bladder, muscles, kidneys and vaginal organs, have been used successfully in human patients. The institute, part of the Wake Forest School of Medicine, is located in the Innovation District in downtown Winston-Salem, North Carolina, and is driven by urgent patient needs. The institute is making a global difference in regenerative medicine through collaborations with more than 400 entities and institutions around the world, through its government, academic and industrial partnerships, its start-ups and through major initiatives in the technologies of advanced, such as tissue engineering, cell therapies. , diagnostics, drug discovery, biomanufacturing, nanotechnology, gene editing and 3D printing.
About the RegenMed Development Organization: The mission of the RegenMed Development Organization (ReMDO) is to accelerate the discovery and translation of regenerative medicine therapies. ReMDO is a 501(c)3 nonprofit organization that operates a clinical translation initiative that includes thought leaders, representatives from major US research centers, government officials, and businesses of all sizes. ReMDO conducts research to reduce the risks of technologies and accelerate the translation of regenerative medicine into clinical practice and the global market. ReMDO operates the world’s first and only professional organization dedicated solely to advancing the field of regenerative medicine, the Regenerative Medicine Manufacturing Society (RMMS) and the Regenerative Medicine Manufacturing Innovation Consortium (RegMIC), which operates a public-private partnership industrial and academic members. focused on scaling up technologies.
About the Innovation District: Innovation Quarter (www.innovationquarter.com), home to iQ Labs, is a vibrant, mixed-use innovation quarter located in downtown Winston-Salem, NC. Anchored by the Wake Forest School of Medicine, Innovation Quarter is home to a community of more than 3,700 workers at 90 companies and four other institutions of higher education where nearly 1,800 degree-seeking students come to learn every day. In addition to more than 1,100 residential units, the Quartier de l’Innovation also includes a vibrant urban park, a publicly accessible greenway and free community events that make it a true “Live.Work.Learn.Play” community.
Warning: AAAS and EurekAlert! are not responsible for the accuracy of press releases posted on EurekAlert! by contributing institutions or for the use of any information through the EurekAlert system.