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.
Inception to 2022
Just months after young Maggie Carmichael started taking an experimental drug for her ultra-rare genetic disease, she was able to trade in her wheelchair for a walker.
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.