Wake Forest Baptist Medical Center's Wake Forest Innovations

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Winston-Salem, N.C.-based Wake Forest Baptist Medical Center's Wake Forest Innovations is split between two centers: the Center for Innovation and Commercialization helps advance the development and commercialization of inventions, while the Center for Industry Research Collaboration accelerates access to clinical and research capabilities.

The innovation center aims to promote collaboration between clinicians, scientists and industry members, streamlining the process. It has a dedicated alliance management team that covers business development, administrative tasks and the paperwork for industry-sponsored studies.

In 2015, the Wake Forest Baptist Medical Center created the Catalyst Fund, a $15 million technology development program. The medical center also created various startups, including KeraNetics, which merged this year with microchip implant maker Microchips Biotech Inc. to form Keratin Biosciences, and FiberCell. It has supported eight technology projects, two of which are now licensed startups.

Click here to return to the full list of Innovation Centers to Know in 2019.

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