Edison Nation Medical, a marketplace for healthcare and medical device innovation headquartered in Charlotte, N.C., has partnered with Mount Sinai Health System, a New York-based integrated healthcare network providing medical care and medical research. Edison Nation Medical will work closely with Mount Sinai Innovation Partners (MSIP), Mount Sinai's technology development and commercialization group, to prioritize and bring to market medical device and consumer related healthcare inventions from the Mount Sinai community.
This collaboration highlights the significance of public-private partnerships within the new healthcare landscape to deliver innovations to patients. Traditional early stage technology commercialization efforts at large institutions rely on seasoned research faculty to deliver novel ideas and concepts that will have a positive impact on public health. Through this partnership, Mount Sinai and Edison Nation Medical look to expand innovation beyond the laboratory by encouraging constituents from across the health system including primary care and clinical service personnel to share new inventions.
"MSIP is excited to introduce Edison Nation Medical to our institution," said Erik Lium, Ph.D., vice president, Mount Sinai Health System and executive director MSIP. "It is a great opportunity to engage with additional stakeholders outside of the traditional research environment who contribute to our innovative culture and have a positive impact on the future of healthcare."
Since its inception, Edison Nation Medical has worked with individuals, early stage start-ups and institutions to capture innovation and improve healthcare globally. Serving as a healthcare innovation marketplace, Edison Nation Medical matches inventors, entrepreneurs and universities with potential manufacturing partners who desire access to a steady stream of fully-vetted innovations. MSIP will submit appropriate inventions in the clinical tool and medical device spaces to Edison Nation Medical, adding value to MSIP's innovation evaluation, prioritization and development processes.