Tech Transfer eNews Blog

Tulane and LSU Health choose New Orleans BioInnovation Center to help accelerate life science commercialization

By Jesse Schwartz
Published: February 27th, 2019

Tulane University and LSU Health New Orleans have chosen the New Orleans BioInnovation Center (NOBIC) as the statewide implementation partner for a new initiative to accelerate the commercialization of life science research.

NOBIC will work closely with Tulane and LSU Health to develop programming, business development resources and educational tools for the Southeast Xlerator Network, a newly launched life sciences accelerator hub supported by a group of 24 academic institutions, including Tulane and LSU Health.

The accelerator is one of four regional hubs created through the Institutional Development Award (IDeA) Program, which targets states that have historically seen low amounts of research funding from the National Institutes of Health and other government bodies. It will provide researchers in the Southeast region with expertise and resources to support technology transfer, engage leading industry partners and promote entrepreneurship throughout the region. It will also help researchers secure more federal grants to accelerate innovation and launch new companies.

“Given the substantial amount of basic science and translational research emerging from local university labs, we see enormous potential for growth as we work to build stronger relationships within our community,” says Kris Khalil, interim president of NOBIC. “We are extremely excited that Tulane and LSU Health, the region’s two biggest drivers of life sciences innovation, are working more closely together to amplify their impact and expand the entrepreneurial ecosystem for biotechnology ventures throughout the state.”

Source: Tulane University News

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