Innovation. Collaboration. Transformation.

Propelling the next generation of healthcare.

Who we are

The Department of Business Development is Mayo Clinic’s front door to business – from technology commercialization to strategic partnerships – catalyzing innovation to shape the future of healthcare for the benefit of patients.

Our Mayo Clinic Ventures and Corporate Development teams come together as one unified force to bridge the gaps between industry and commercial groups to produce meaningful, effective changes in transforming health and medicine.

startups using
Mayo Clinic technology
350 +
investment capital
deployed for
strategic collaborations
& equity investments
$ 300 M+
returned to Mayo Clinic
to support the practice, education & research
$ 1 B+

Inception to 2023

Mayo Clinic Ventures

  • Intellectual property evaluation and protection
  • Technology funding and development
  • Licensing execution and management
  • Startup company formation
Corp Dev

Corporate Development

  • Partnerships and strategic collaborations
  • Spin-offs and subsidiaries
  • Mergers and acquisitions
  • Equity investing

Innovation Spotlight

Best Next Drug Migraine Algorithm

Using AI to make migraine expertise more accessible.

Strategic collaborations & investments

Mayo Clinic Innovation Exchange

Mayo Clinic Innovation Exchange is a membership-based platform created to further industry collaboration, accelerate commercialization and advance the next generation of healthcare.

Members receive premier medical and business insights, as well as the connections needed to bring their breakthrough innovations to market.