AHN, Highmark Health Cut Ribbon to Innovation Hub at Former Suburban Hospital Campus in Bellevue

Following in the footsteps of other successful Innovation Works, AlphaLab and AlphaLab Gear programs, AlphaLab Health cultivates promising medical technologies and other healthcare solutions by offering start-ups early-stage funding, mentoring opportunities from industry experts, clinical resources, and office and laboratory premises. . Cooperation is also supported Pittsburgh-district universities, corporations and foundations.

AHN is part of one of the country’s largest integrated health and wellness organizations, and Innovation Works is one of the most active investors in the country.

The AlphaLab Health Accelerator at AGH’s suburban campus is a 10,000-square-foot open concept, fully equipped with advanced technology and equipment, including wet and dry labs. The space also includes offices equipped with access to a dedicated server that can be configured to meet business needs and a very reliable and secure hard drive, two meeting rooms and three large areas for collaboration. Physical renovation of the premises became possible largely due to Fr. $ 500,000 Grant of the Capital Restructuring Assistance Program, administered by the Pennsylvania Department of Community and Economic Development.

“While AHN has long been a leader in clinical research and innovation, AlphaLab Health is a transformative partnership that takes our commitment to a whole new level and raises it even further. Pittsburgh profile of the region as a source of innovative ideas and solutions in the field of health care that change the game, “he said. Jeff Cohen, MD, AHN Chief Physician for Health and Innovation. “With the opening of this new facility, we have an amazing space that appropriately complements the ingenuity and vision of the entrepreneurs we support.”

The investment and redevelopment of AGH’s suburban campus is also breathing new life into a community asset that has served the community in a variety of ways for more than 115 years. In 2010, inpatient wards and the hospital’s emergency department closed, and a private nursing facility on campus closed in June 2019. The AGH Suburban Emergency Center and several outpatient clinics continue to operate on campus.

Bellevue and the neighborhood is very important for our organization, ”he said Cynthia Hundorf, President and CEO of AHN. “The opportunity for this campus to serve as a junction for innovation and breakthroughs in medicine for future generations is something we are excited to welcome. In the coming months, we look forward to announcing even more unique AHN health initiatives and programs. and the well-being that the headquarters will be in this place. ”

Twelve startups have already joined AlphaLab Health. Some of the great projects that are being implemented include:

  • Development of pharmaceutical products for the treatment of life-threatening symptoms associated with cytokine release syndrome (CRS), an overreaction of the immune system that causes systemic inflammation. – Cytoagents
  • Fasteners have been developed to prevent damage and displacement of the center lines and displacement and supply of pipes. – GusGear
  • Develop a medical vaporizer for consumers that automatically and gradually reduces nicotine consumption over time, helping people achieve their smoking cessation goals. – Hale Therapy
  • Develop an app that can give users a detailed report on lung function, simply by talking into a smartphone, turning smartphones into powerful remote breath control tools and preventing unnecessary hospitalizations and emergency room visits. – Telling.AI

Entrepreneurs participating in AlphaLab Health have access to Innovation Works ’business expertise and mentoring network, as well as to $ 100,000 in seed investment. Selected from more than 200 applicants, the first two cohorts range from first-time inventors to experienced entrepreneurs and represent different categories of medical products, including diagnostics, treatment, medical devices and health information technology.

“AHN has a unique position to serve as a clinical environment for testing new technologies or concepts developed by participating companies, acting as a living commercialization laboratory for bed-to-bed translation research,” Dr. Cohen said.

“AlphaLab Health has shown that we can accelerate the development of companies. This new space takes the accelerator to a new level, allowing startups to conduct cutting-edge research, collaborate and learn from experts in the clinical and business world, all in a living space that facilitates interaction.” said Megan ShawManaging Director of Life Sciences Innovation Works.

To date, thirteen cohort companies have participated in AlphaLab Health.

Cohort 1

Cohort 2

CytoAgents

MindTrace

Emergent dental

Parcel health

Gus Gir

Hale Therapeutics

JuneBrain, Inc

Telling.ai

sovaSage

Naima Health

Spintellx

Conversational

Sterile vision


About Allegheny Health Network:
Allegheny Health Network (AHN.org) is an integrated healthcare system that serves more Western Pennsylvania reg. The network consists of 12 hospitals, outpatient surgery centers, pavilions of health + rehabilitation, organization of employed doctors, medical services at home and in society, a research institute and the organization of group procurement. The network provides patients with access to a full range of advanced health services, including nationally recognized programs of primary and emergency care, trauma, cardiovascular disease, organ transplantation, cancer treatment, orthopedic surgery, neurology and neurosurgery, women’s health, diabetes, diabetes and diabetes. the other. AHN has about 21,000 members, has more than 2,500 physicians in its medical staff and serves as a clinical campus for Drexel University Medical College, Temple University Medical School and Lake Erie College osteopathic medicine.

About Innovation Works:
Innovation Works (IW) provides investment and assistance Pittsburgh the most promising technology startups in the region and is the only investment fund focused exclusively on this region, investing more $ 113 million in more than 500 local companies since its founding in 1999. This activity has brought more than $ 3 billion in additional private investment and makes Innovation Works the most active start-up investor in the region and one of the most active in the country as a whole. Part of the state-funded Ben Franklin Technology Partners, IW serves the Southwest Pennsylvania innovative companies in hardware, software and life sciences with investment, expert guidance and access to networks that help take companies to the next stage of economic growth.

SOURCE Allegheny Health Network

.

Leave a Comment