The US National Institutes of Health provides $3m to Minnesota to escalate the commercialisation of healthcare products.
Minnesota University is set to benefit from a $3m grant from the National Institutes of Health (NIH) to bolster the commercialisation of healthcare technologies from the institution.
Minnesota, which will provide a matching $3m, will use the cash to boost training researchers, develop partnership with businesses, and develop other initiatives. The money will also be used to support 10 to 20 new commercialisation projects per year centred around medtech and diagnostics.
The NIH money was made available through its Research…