Georgia Tech has Medical Devices on its MindGeorgia Tech has Medical Devices on its Mind

May 22, 2009

1 Min Read
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The establishment of the Global Center for Medical Innovation (GCMI; Atlanta) was announced this week at the 2009 BIO International Convention held in Georgia this year. Touted as the first of its kind in the Southeast, the center will serve to accelerate the development and commercialization of next-generation medical devices and technology. Located adjacent to the Georgia Institute of Technology (Georgia Tech; Atlanta), GCMI will combine the resources of the university with those of Saint Joseph's Translational Research Institute (Atlanta), Piedmont Healthcare (Atlanta), and the Georgia Research Alliance (Atlanta).Among the institution's offerings will be a medical device prototyping center, production of evaluation devices according to CGMP guidelines, and the ability to manage, coordinate, and aggregate intellectual property from the parties involved. In addition, Saint Joseph's will make available the opportunity for preclinical studies of new technologies. These combined capabilities will enable the development, testing, and prototyping of new technologies in such focus areas as cardiology, orthopedics, and pediatrics. The center is expected to help device start-ups, as well as established companies, from both Georgia and outside the state alike to actualize their ideas."Medical device companies in the Southeast have long suffered a disadvantage compared to competitors that have access to long-established support networks," says Nicolas Chronos, president of the Saint Joseph's Translational Research Institute. "The 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."

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