LSU Health New Orleans announced Thursday (June 14) it will collaborate with a Nashville-based company called Cumberland Emerging Technologies Inc. to develop and commercialize new biomedical products.
According to their website, Cumberland Emerging Technologies works to identify promising biomedical technologies being developed by researchers, universities and entrepreneurs seeking a corporate partner to help them develop and commercialize those products.
The partners will work together to identify ongoing therapeutic research at LSU Health New Orleans that could be developed into new biomedical products, according to a press release.
Some of the areas of development include therapeutics for cardiovascular diseases, cancer and anti-fungals.
Cumberland will also pursue new sources of funding for the LSU Health New Orleans projects through the Small Business Technology Transfer and Small Business Innovation Research and other grant opportunities, according to the press release.
“We’re confident that CET will prove to be an excellent partner to bring our technologies to the market for public benefit,” said Patrick Reed, the director of the office of technology management at LSU Health New Orleans.