NIH will provide $3.5m to establish a human health-focused accelerator in five US states, with space for five biotech projects in its initial cohort.

US government agency National Institutes of Health (NIH) has awarded a $3.5m grant to establish a tech transfer accelerator for human health discoveries originating in Maine, Vermont, Rhode Island, Delaware and New Hampshire, the Portland Press Herald has reported.
The accelerator, Driven Biomedical Technology Accelerator Hub, will aim to select five biotech projects from across its target states to begin the program in June 2019. Participants will receive access to resources, feedback and investors as they move closer to…