Houston initiative receives $4M grant to promote biomedical entrepreneurship
Innovation Map, Nov. 13, 2023
The NIH has granted $4 million to an area initiative to create a research and commercialization hub. “We get close to a billion dollars in research monies a year coming into the Medical Center. The question is, ‘Are we seeing a lot of those dollars resulting in products that benefit patients?’ And the answer always is, ‘We can do better,’” says UTMB’s Dr. Stan Watowich, who was involved in the effort to secure the funds.