The Johns Hopkins University and Luminox Health, a digital health startup hub based in Israel, have signed a multi-year deal to work together to co-develop new digital health technology products. The pair expect to be able to enhance funding access and accelerate development for the resulting companies.
The collaboration will include a program to bring Israeli entrepreneurs to Johns Hopkins in Baltimore to pair them with multi-disciplinary teams of medical, computer science, and engineering faculty for an intensive three-month program. During that time, the team is expected to develop IP, perform rapid prototyping and conduct sponsored research.
"One of the major challenges for Israel's digital health entrepreneurship is gaining access to strategic U.S. health care partners for proof-of-concept and business collaborations," said Luminox CEO Yossi Bahagon in a statement. "The Johns Hopkins-Luminox collaboration will offer outstanding Israeli digital health startups an established and effective route to one of the leading medical institutions in the world."
Luminox startup companies will gain access to Johns Hopkins medical researchers to enable prototype development in a real-world healthcare environment, pilot studies, clinical trials as well as business collaborations. In addition, Johns Hopkins representatives will travel to Tel Aviv in October to meet with Israeli healthcare leaders including Avi Hasson, the chief scientist of Israel's Ministry of Economy
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| Johns Hopkins University President Ron Daniels |
"The impact of a robust innovation ecosystem on our ability to achieve our mission of groundbreaking discovery, exceptional patient care, and service at home and around the globe is critical," said Ron Daniels, Johns Hopkins University president, in a statement.
Tel Aviv-based Luminox is focused on clinical informatics, mobile health, big data, tele-care and digital therapeutics. Johns Hopkins Technology Ventures, the university's tech transfer arm, secured more than $16 million in licensing revenue last year and has been involved in the creation of 13 startups.
- here is the announcement