UT Southwestern rated No. 1 in Texas, fourth in country for tech transfer: Newsroom
Pegasus Park
DALLAS – Oct. 27, 2022 – UT Southwestern Health care Heart rated fourth in the country and No. 1 in Texas for commercializing new biomedical technologies, regarded a important action in bringing its laboratory discoveries into scientific follow.
UT Southwestern was the only Texas establishment in the top 10 of the rankings, launched by the financial consider tank Heartland Forward. The rankings provided peer establishments from throughout the region, which includes Mayo Clinic (No. 1), Cedars-Sinai Healthcare Heart in Los Angeles (No. 5), Massachusetts Normal Healthcare facility (No. 6), and Cleveland Clinic (No. 8). The College of Texas Method rated No. 3 nationally amongst university techniques on the checklist. Five other Texas institutions designed the prime 25 list.
“Dallas is in the early phases of starting to be a biomedical/pharma hub. The essential factors to make these a growth are in spot and growing rapidly and this is an exciting time for our area, which features tremendous option,” stated Denise Canales, M.A., Assistant Vice President of Technologies Commercialization in UTSW’s Business office for Know-how Advancement, which is centrally positioned in the heart of Pegasus Park, Dallas’ new 23-acre biomedical laboratory and workplace park. “We have innovation coming from leading academic institutions, the workforce continues to develop, existing companies are relocating in, new corporations are forming, corporations which moved to the coasts are moving back again, damp lab area is obtainable, accelerators and other programmatic aid are available, and investors are getting see. Texas is the area to be appropriate now.”
“UT Southwestern has actively positioned alone at the forefront of this evolution, groundbreaking trailblazing alternatives to professional medical troubles that have practical market place opportunity,” stated Brad Phelan, M.B.A., Director of Technology Commercialization and Blackstone LaunchPad in UTSW’s Place of work for Know-how Enhancement. “The remarkable announcement of Heartland Forward’s position arrived as UTSW is holding its yearly Pitch Competitiveness, which provides experts chances to pitch suggestions to a curated viewers of traders and business people. This and other opportunities have turn into a staple in DFW as the region’s biotech track record continues to growth.”
Dallas is now rated between the Leading 20 U.S. Metros for Everyday living Science Organizations in 2022, with the Pegasus Park campus featuring additional than 750,000 square feet of place of work and warehouse space throughout many properties, such as an 18-tale workplace tower, to serve as the epicenter for regional daily life science innovation.
In excess of the several years, UT Southwestern scientists have been issued just about 750 patents and disclosed much more than 4,000 innovations, with the University issuing extra than 1,100 licenses and options to business partners, ensuing in extra than $278 million in licensing revenues for the College. Ninety startups have been launched off UTSW systems, which includes Taysha Gene Therapies, ReCode Therapeutics, OncoNano Medication, Exonics Therapeutics, Rodeo Therapeutics, and Peloton Therapeutics. Peloton, acquired by Merck for close to $1 billion in 2019, produced a 1st-in-variety kidney cancer drug authorized by the Meals and Drug Administration in 2021.
Technological innovation in enhancement or introduced to current market centered on UTSW investigation includes most cancers therapeutics, lightweight shielding that protects surgeons from intraoperative radiation, a new catheter style and design, and mRNA medications. UTSW’s decadeslong history of bringing lab discoveries full circle involves successes like cholesterol-lowering drugs known as statins, which resulted from the Nobel Prize-profitable work of Michael Brown, M.D., and Joseph Goldstein, M.D., who recently celebrated 50 yrs of collaboration at UTSW. Charles Pak, M.D., Professor of Inner Drugs and in the Charles and Jane Pak Middle for Mineral Metabolic rate and Scientific Investigate, developed 3 Fda-permitted orphan medicines for kidney stones, elucidated metabolic brings about for stone development, and devised a multitest kit for people today at danger for forming kidney stones.
UTSW also has set up a range of education and instruction applications offered for college students, trainees, and school, which includes becoming a member of Blackstone LaunchPad, a network for colleges and universities that offers technologies development mentorship and talent-making.
The once-a-year UTSW Pitch Levels of competition held Thursday offers school and pupils special chances to existing early-phase technologies to leading investors, business owners, and representatives from the health care industry with prizes totaling $200,000 in 3 classes: therapeutics, diagnostics/health-related equipment, and electronic wellbeing. Its host committee features luminaries such as Nicole Tiny, CEO of Lyda Hill Philanthropies and LH Funds J.H. Cullum Clark, Director of the Bush Institute-SMU Financial Expansion Initiative Jun Il Kwun, Founder and Running Director of the Actium Team and Kathleen M. Gibson, President and CEO of Southwestern Healthcare Foundation. The Business office for Technological know-how Development also fosters connections with investors and entrepreneurs through courses these kinds of as Dolphin Tank, a “Shark Tank”-like knowledge in which researchers can acquire suggestions on innovations, and Venture Visits, which draws in enterprise capitalists to go to labs, meet faculty and learners, and discuss job options with postdoctoral fellows.
UT Southwestern partnered with UT Arlington in 1974 to set up the to start with Ph.D. biomedical engineering (BME) method in Texas. This revolutionary energy, coupled with the intensive collaboration with the engineering school at UT Dallas, has enabled UT Southwestern to maintain a lively and extremely sought-following graduate BME method. The educational method involves a $120 million, 5-tale Texas Instruments Biomedical Engineering and Sciences Constructing opening in 2023 to household joint biomedical engineering packages at UT Southwestern and UT Dallas. Samuel Achilefu, Ph.D., who retains 65 patents, was lately picked to chair UT Southwestern’s Biomedical Engineering Section. He has made cancer-avid resources and a wearable most cancers-imaging goggle procedure that highlights most cancers cells, supplying actual-time steerage to surgeons in the operating place to assure the complete removal of cancerous tissue.
Dr. Achilefu retains the Lyda Hill Distinguished University Chair in Biomedical Engineering. Dr. Brown is a Regental Professor who retains The W.A. (Monty) Moncrief Distinguished Chair in Cholesterol and Arteriosclerosis Investigation, and the Paul J. Thomas Chair in Medication. Dr. Goldstein, a Regental Professor, holds the Julie and Louis A. Beecherl, Jr. Distinguished Chair in Biomedical Investigate, and the Paul J. Thomas Chair in Drugs. Dr. Pak holds the Alfred L. and Muriel B. Rabiner Distinguished Academic Chair for Mineral Rate of metabolism Biotechnology Investigation.
About UT Southwestern Health-related Middle
UT Southwestern, a single of the nation’s leading tutorial health-related facilities, integrates revolutionary biomedical research with exceptional scientific treatment and education. The institution’s college has gained 6 Nobel Prizes, and includes 24 customers of the Nationwide Academy of Sciences, 18 users of the National Academy of Medication, and 14 Howard Hughes Health-related Institute Investigators. The whole-time school of additional than 2,900 is liable for groundbreaking medical advances and is dedicated to translating science-pushed exploration immediately to new medical treatments. UT Southwestern physicians present treatment in additional than 80 specialties to much more than 100,000 hospitalized sufferers, a lot more than 360,000 unexpected emergency area scenarios, and oversee virtually 4 million outpatient visits a year.