On Mercy Health Care's campus, Nixon recognized the health care systems' entrepreneurial activity in licensing and producing new health care projects.
"This emerging sector joins a
strong portfolio of
During his visit, Nixon announced a $200,000 grant from the Missouri Technology Corporation for Mercy's Research and Development branch to aide them in their expansion.
The health system has 24 medical
devices in development, officials said, some of which are being produced in
example, the hospital has developed an alcohol free hand sanitizer that is just
as effective as sanitizers with alcohol. After it was developed in
News release from Gov. Jay Nixon's office:
The $200,000 grant, from the Missouri Technology Corporation's Missouri Building Entrepreneurial Capacity program, will assist entrepreneurs with creating and launching innovative biomedical device companies that are developing solutions to a variety of medical issues.
"The physicians within Mercy are known for delivering
world-class healthcare, but they also stand at the forefront of biomedical
research. Their spirit of innovation and invention are leading to the
development of new medical devices and new Missouri-based start-up businesses,"
said Gov. Nixon. "This impressive organization is a leader in
Mercy Research and Development will use the $200,000 grant from the Missouri Technology Corporation to address its primary goals of facilitating new biomedical startup businesses based on novel technologies developed in its research labs; assisting start-up companies with accessing investment capital; and other commercial support services.
Mercy Research and Development specializes in the
development and commercialization of medical innovations, harnessing ideas from
healthcare providers to create market-ready solutions to everyday issues and
problems they encounter. Established in 2007, the organization currently
employs 12 full-time scientific and business professionals at its location in
Mercy Research and Development has 24 medical devices
currently in development, ranging from a safety shield, which protects health
care workers from accidental needle sticks, to the Graft On Skin and Tissue
Applicator, which makes successful skin grafting easier. Just this month, Mercy
Research and Development licensed two foam positioners, which will help put
infants in the correct position for delicate surgeries. Mercy Research and
Development is a senior corporate affiliate of the
In the past 14 months, Mercy Research and Development has
commercialized two medical products, including Hands First, an alcohol-free
foaming sanitizer that is proven 99 percent effective at killing harmful
bacteria and viruses. Developed by a physician-entrepreneur in
The Missouri Technology Corporation's Missouri Building Entrepreneurial Capacity program has recently supported other efforts to enhance the state's entrepreneurial capacity, including the launch of Arch Grants in St. Louis; the expansion of the IT Entrepreneur Network; and expansion of the laboratories at the Missouri Innovation Center in Columbia.
Gov. Nixon has made assisting and encouraging start-up