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.

390+

startups using
Mayo Clinic technology

$300M+

investment capital deployed for strategic collaborations & equity investments

$1.2B+

returned to Mayo Clinic to support the practice, education & research

Inception to 2024

Mayo Clinic Ventures

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

Corporate Development

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

Innovation Spotlight

Gold standard ‘Mayo Score’ detects ulcerative colitis severity and assists in tracking treatment effectiveness

Tool helping uncover new treatment options as research progresses.

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.