Tag: Innovation

Events

BioVentures Innovation Week to Celebrate Innovation & Entrepreneurship at UAMS 

BioVentures invites the UAMS community to Innovation Week, May 12-15, 2025.  Designed to showcase innovation, foster industry connections and highlight the pathway from research to commercialization, Innovation Week offers opportunities for everyone from seasoned inventors and those just starting out.  Whether you’re an entrepreneur, inventor, researcher or industry partner, Innovation Week is your chance to engage with the thriving healthcare innovation ecosystem at UAMS and beyond.  Innovation Week Highlights  Join us to learn, connect and take your ideas to the next level.   Learn more & register.

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Education

From Idea to Impact: How IP Powers Public Good

Join us at 2 p.m. Wednesday, Oct. 16, for Health Sciences Entrepreneurship Grand Rounds, featuring Eric Peterson, Ph.D., BioVentures LLC interim president, at the Winthrop P. Rockefeller Cancer Institute, Betsy Blass Conference Room, 10th Floor. In this session, “From Idea to Impact: How IP Powers Public Good,” Peterson will explore the pivotal role of intellectual property in driving public benefit.

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News

BioVentures Receives $2.4 Million Grant to Address Maternal, Infant Deaths 

BioVentures LLC will receive up to $2.4 million over the next four years to test prevention strategies for reducing high rates of maternal and infant deaths in the Arkansas Delta.   The grant from the U.S. Department of Health and Human Services (HHS) will fund a combination of education, training, outreach and preventive health services focusing on Helena-West Helena, Lake Village and Pine Bluff. The initial $599,887 grant is for one year and must be renewed each year.  The grant is a collaborative mission between BioVentures LLC, the Institute for Digital Health & Innovation (IDHI), and the Division for Academic Pathways and Workforce Partnerships (DAPWP) at UAMS. “This is a big team effort, and the HHS grant will help us address one of the most significant, preventable health issues in our state,” said Stefanie Kennon-McGill, Ph.D., the grant’s principal investigator and project director, as well as senior program manager for BioVentures, which is the project’s operations manager.   Kennon-McGill noted that while BioVentures is better known to the UAMS campus for its mission to help UAMS researchers protect and transfer their discoveries to the public, its reach has expanded in recent years to find other innovative ways to improve the health of Arkansans. (The ACTIVE program is another key example).  “The mission at BioVentures has always included a commitment to growing the Arkansas economy, especially in the field of healthcare and health technology,” said Eric Peterson, Ph.D., BioVentures interim president. “We are proud to contribute to the economic development of the state, as well as the advancement of health for all Arkansans, through these new programs that reach beyond the walls of UAMS and to impact individuals where they live in communities across the state.”  As of March 2024, Arkansas had the highest maternal mortality rate in the United States, at 8.6 deaths per 100,000 live births, compared to the national average of 5.4. Arkansas also has the third highest infant mortality rate in the United States, with 7.67 infant deaths per 1,000 live births, based on 2022 data.   “Our goal with this grant is to test innovative, sustainable strategies to prevent maternal and infant deaths in the Delta region, where Black women are 1.8 times more likely to have pregnancy-related deaths than white, non-Hispanic women,” Kennon-McGill said.   Called the Delta Maternal Outreach and Transformational Health Education Resource (Delta MOTHER) project, it will establish and track community-level health initiatives. The primary activities supported by the grant will include:    The Institute for Digital Health & Innovation and its High-Risk Pregnancy Program will offer the Delta MOTHER project clinical expertise, partnership connectivity and fiscal management. Its contributions also include access to its three grant-funded satellite digital health resource centers at Lake Village, Helena-West Helena and Pine Bluff. The institute’s mission includes seeking to eliminate health care disparities in Arkansas and beyond through digital health and health care innovations.  The Division for Academic Pathways and Workforce Partnerships will engage HBCU students through its Serving Underrepresented Populations through Engagement and Research (SUPER) Program. The SUPER Program provides opportunities for undergraduates to conduct community-based research, focusing on health disparities that affect medically underserved populations. It is a component of the HBCU Med Track Program.   Other key partners on the grant are the Jefferson Regional Medical Center School of Nursing in Pine Bluff, the Arkansas Rural Health Partnership in Lake Village, and UAMS East Regional Campus in Helena-West Helena. 

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Education

Innovation & Entrepreneurship Honors Track Teaches Med Students to Embrace Problem-Solving

Medicine is changing rapidly in the face of technology and innovation. Today’s medical students must not only keep up with these changes, they should be prepared to take a leading role.  Here with a solution is the Medical Innovation and Entrepreneurship Honors Track (MIEHT), available to medical students in the University of Arkansas for Medical Sciences (UAMS) College of Medicine. With progressively intensive training in innovation and entrepreneurship complementing their four years of medical school, these students will learn to approach the clinical environment as problem-solvers and change-makers.  John Sherrill, Ph.D., MPH, senior licensing associate at BioVentures and track director for MIEHT, said to imagine the potential impact that entrepreneurially minded physicians could have if they were taught to view healthcare with an eye for innovation from the start.  “We train medical students to do needs assessments of patients,” Sherrill said. “But we don’t teach them to do the same type of needs assessment for the larger practice of medicine. While, as a practicing physician, you will impact hundreds of lives, maybe thousands of lives, but if you can make a bigger impact through innovation and entrepreneurship, you have the potential to impact tens of thousands, if not hundreds of thousands of lives.”  MIEHT welcomed its first five students this year in the summer after their first year of medical. Through trainings, exercises and guest speakers, they learned basic entrepreneurial principles and began learning how to spot and evaluate problems – a skill that Sherrill hopes they will take with them wherever they go. They were also primed to consider financial benefits to the health system and how to present solutions to administrators.  “They’re new to the practice of medicine, which is a great time to introduce these concepts,” Sherrill said. “They haven’t been around long enough to have the attitude, ‘That’s the way we’ve always done it.’ When they see a problem, they’re going to ask, ‘Why?’”  By the third and fourth years of their medical training, they will be heading into clinical rotations. MIEHT will teach them to identify real-world problems and perform semi- quantitative analyses. A fourth-year elective rotation will give them the time and support to work on solutions.  “It will be student driven,” Sherrill said, noting that the students have diverse interests in everything from device and software development to largescale public health issues. “They can apply the skills they learn in MIEHT to the specific areas they are passionate about.”  However, as they put what they learn into practice, Sherrill will advise them to not get too focused on any single solution. Adaptability is a better skill.  “It’s all about the problem,” Sherrill said. “I encourage students to fall in love with the problem, not the solution. Once innovators fully understand the problem, they iterate on potential solutions.” A Chancellor’s Circle Grant Award from UAMS provided $10,000 in initial support to launch the program in 2023, including funding for technology and a stipend for the students. Otherwise, the program is funded by in-kind support from BioVentures LLC., the tech transfer office for UAMS.  Looking forward, Sherrill hopes to partner with other colleges across campus to offer versions of the program.  “We’re educating some of the brightest minds in the state and country every year in our colleges,” Sherrill said. “Why would we not offer this extra skillset to them?”  Students will continue to enter the program on a rolling basis. Recruiting for the program will occur around December each year. For more information, contact Sherrill at JSHERRILL@uams.edu.

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News

Accelerate Your Biomedical Innovation: Join the NIH SBIR/STTR Programs Event

Are you a biomedical entrepreneur or small business in need of resources to accelerate your innovation?  If the answer is yes, you’re in luck! The National Institute of Health (NIH), Arkansas Small Business and Technology Development Center (ASBTDC), University of Arkansas for Medical Sciences (UAMS), and BioVentures are collaborating to bring you a one-of-a-kind event titled “Supporting Biomedical Innovation Through the NIH SBIR/STTR Programs”. This event is tailored to help biomedical entrepreneurs and small businesses uncover early-stage funding opportunities and gain insights from the success stories of local startups. With over $1.4 billion of funding available through the NIH’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, there is a wealth of opportunities to explore. What to Expect: The event kicks off with an overview of resources provided by the ASBTDC. This will provide attendees with a comprehensive understanding of what support is available to them locally. Next, expect to hear from NIH Program Staff from the NHLBI, the National Institute of Dental and Craniofacial Research, and the NCI. They’ll delve into the specifics of the NIH’s SBIR and STTR programs, highlighting the available funding opportunities and entrepreneurial resources that could be a game-changer for your small business. Attendees will also gain exclusive insights from Dr. Alex Biris and Ms. Sharon Ballard, the dynamic cofounders of the local startup NuShores Biosciences. They’ll share their personal experiences with the NIH SBIR program and the journey of bringing their innovative ideas to life. Once the presentations are concluded, you’ll have a chance to clarify any doubts during a Q&A session moderated by Catherine Corley, an ASBTDC Business and Innovation Consultant. This interaction promises to be a great opportunity to get your questions answered directly from the experts. One-on-one meetings with NIH Program Staff will be available post-event. This offers you a personalized opportunity to discuss your innovative ideas and explore potential funding avenues. Key Details: “Supporting Biomedical Innovation Through the NIH SBIR/STTR Programs” is set to be a pivotal moment for biomedical entrepreneurs and small businesses in Arkansas. Don’t miss out on this unique opportunity to connect with the NIH, gain valuable insights into the SBIR/STTR programs, and accelerate your biomedical innovation. Mark your calendar, register now, and get ready to take your business to new heights! We look forward to seeing you there!

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News

HSIE Fellows Excel in Stu Clark New Venture Championships

Four Health Sciences Innovation and Entrepreneurship Fellows from the University of Arkansas won second place overall and third in the elevator pitch in the Stu Clark New Venture Championships at the University of Manitoba. The competition, focused on entrepreneurship and innovation, had over $60,000 in cash prizes and allowed participants to connect with other entrepreneurs, investors, and business leaders from their industrie

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