Medical University of Innsbruck today announced a partnership deal with commercialisation firm Ascension that will aim to bolster spinout activity at the institution.

Ascension will support the university in all aspects of technology transfer, from identifying opportunities to market entry. The firm is particularly keen on commercialising research into therapeutics, diagnostics and medical technology.

Ascension’s network now stands at 30 partner institutions, including research institutes, universities and university hospitals.  

Christian Stein, chief executive of Ascension, said: “We are looking forward to this collaboration. Even within the first few days we have already identified many projects with a high potential and realised that Medical University of Innsbruck boasts a lively entrepreneurial spirit.

“These are the best prerequisites to launch the first spinouts in the near future.” [translated from German by Global University Venturing]