Cleveland Clinic Ventures also helps develop and grow these new firms by providing expertise and support to the entrepreneurs and co-investors.
Four additional things to know about Cleveland Clinic Ventures:
1. When it was founded:
- 2000
2. Startups launched:
- 80
3. Big companies in its portfolio:
- Xealth
- Cardionomic
- Juventas Therapeutics
- Cleveland Heart Lab
4. Noteworthy news:
- OncoSynergy, an oncology company that partners with Cleveland Clinic spinoff Infuseon Therapeutics, treated its first patient in a clinical trial to treat recurrent glioblastoma in March 2021.
- Cleveland Diagnostics, a company supported by Cleveland Clinic Ventures, published a cost effectiveness analysis of its prostate cancer test January 2021 in Urology Practice.
- Cleveland Clinic spinout Centerline Biomedical performed its first surgical case in a clinical study of its FDA-cleared surgical navigation platform in December 2020.
- NeuroTherapia, another spinoff company, completed its first in-human study in December 2020 of a drug designed to treat neurodegenerative conditions like Alzheimer’s disease.