The University of Texas at Austin wants to give health startups a home to grow.
A new business and medical partnership at University of Texas Dell Medical School is good news for health startups. Texas Health CoLab director Mellie Price is teaming with the Jon Brumley Texas Venture Labs to help health startups get to market faster. Price says Austin’s reputation as a startup mecca is a boon. “And when you have a known problem and you combine it with great intellectual property and the business resources of the outside community, that’s how we’re going to solve health’s biggest challenges.”
Price says they’re focused on transforming the business model of healthcare. “and then there’s diagnostics which helps us to figure out ‘how do we get the right care to the right person at the right time?’. And, as we know, Austin is an epicenter for health technology and software. So, that’s a great place for us to focus.” She says they’re working within the UT medical community now but are open to working with outside health startups as well.
Veteran Austin Entrepreneur Price they work to create products and services that improve patient outcomes and lower costs. Price says they’re working with “health-focused entrepreneur, inventors, the clinicians and researchers in our UT community. People that are working on innovation-related to health now how have a place to come and collaborate and move their products and services forward.”
Photo courtesy University of Texas
