News and Events




May 18, 2020
Rutgers Researchers Receive Inaugural HealthAdvance™ Award To Develop First-in-Class Anti-Cancer Therapeutics
HealthAdvance™ announces its inaugural award to advance the commercialization of anti-cancer therapeutics being developed by researchers Raymond B. Birge from New Jersey Medical School and William Welsh from Robert Wood Johnson Medical School, in collaboration with Youyi Peng at the Rutgers Cancer Institute of New Jersey. HealthAdvance provides up to $200,000 for a two-year period to support the development and de-risking of early-stage life sciences technologies with an impact on human health.
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October 29, 2019
Rutgers University Receives $4M as New Hub Under NIH REACH Program to Accelerate Development of Biomedical Technologies
Rutgers, The State University of New Jersey was selected as one of five new hubs under the National Institutes of Health’s Research Evaluation and Commercialization Hubs (REACH) program to speed up the translation of biomedical discoveries into commercially viable diagnostics, devices, therapeutics, and tools to improve patient care, enhance health, and train the next generation of innovators.
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Upcoming Events


National Institutes of Allergy and Infectious Diseases Small Business Webinar Series: Business Modeling Bootcamp
September 15 and 16, 2020
10:00 a.m. to 12:00 noon EST

Bob Storey will join us to discuss the concepts behind Lean Start-up for Biotechnology and Healthcare-related small businesses. Learn how real-world data can be used to understand your target market, plan product development and build out a strategy to commercialize your NIAID SBIR-funded technology.

We encourage awardees and applicants working toward a Phase II Commercialization Plan to attend.

Customer Discovery and Lean Start-up Innovation is an iterative process of interviewing potential customers and stakeholders to understand their problems and pain points in the market and in society. In global healthcare systems, the stakeholder relationships are complex, and the definition of a customer is often less clear than initially thought. This discussion overviews the principals of Innovation in this context and discusses how to use this Discovery Process, leading to real-world learnings and insights that validate or invalidate key components of the business model, often leading to pivots.


September 15, 10 a.m. - Fundamentals of Business Models, Customer Segmentation, Understanding Ecosystems
September 16, 10 a.m. - Refining your Value Proposition, Critical Paths to Funding, Best Practices