Pegasus Park
DALLAS – Oct. 27, 2022 – UT Southwestern Medical Middle ranked fourth within the nation and No. 1 in Texas for commercializing new biomedical applied sciences, thought-about a essential step in bringing its laboratory discoveries into medical observe.
UT Southwestern was the one Texas establishment within the prime 10 of the rankings, launched by the financial assume tank Heartland Forward. The rankings included peer establishments from throughout the nation, together with Mayo Clinic (No. 1), Cedars-Sinai Medical Middle in Los Angeles (No. 5), Massachusetts Basic Hospital (No. 6), and Cleveland Clinic (No. 8). The College of Texas System ranked No. 3 nationally amongst college techniques on the checklist. 5 different Texas establishments made the highest 25 checklist.
“Dallas is within the early phases of turning into a biomedical/pharma hub. The essential elements to create such a growth are in place and rising quickly; and that is an thrilling time for our area, which gives super alternative,” stated Denise Canales, M.A., Assistant Vice President of Expertise Commercialization in UTSW’s Office for Technology Development, which is centrally situated within the coronary heart of Pegasus Park, Dallas’ new 23-acre biomedical laboratory and workplace park. “We’ve innovation coming from premier educational establishments, the workforce continues to develop, present firms are shifting in, new firms are forming, firms which moved to the coasts are shifting again, moist lab house is accessible, accelerators and different programmatic assist can be found, and traders are taking discover. Texas is the place to be proper now.”
“UT Southwestern has actively positioned itself on the forefront of this evolution, pioneering trailblazing options to medical challenges which have viable market potential,” stated Brad Phelan, M.B.A., Director of Expertise Commercialization and Blackstone LaunchPad in UTSW’s Office for Technology Development. “The thrilling announcement of Heartland Ahead’s rating got here as UTSW is holding its annual Pitch Competitors, which gives scientists alternatives to pitch concepts to a curated viewers of traders and entrepreneurs. This and different alternatives have change into a staple in DFW because the area’s biotech status continues to growth.”
Dallas is now ranked among the many Top 20 U.S. Metros for Life Science Companies in 2022, with the Pegasus Park campus providing greater than 750,000 sq. toes of workplace and warehouse house throughout a number of buildings, together with an 18-story workplace tower, to function the epicenter for regional life science innovation.
Through the years, UT Southwestern scientists have been issued almost 750 patents and disclosed greater than 4,000 improvements, with the College issuing greater than 1,100 licenses and choices to enterprise companions, leading to greater than $278 million in licensing revenues for the College. Ninety startups have been launched off UTSW applied sciences, together with Taysha Gene Therapies, ReCode Therapeutics, OncoNano Medication, Exonics Therapeutics, Rodeo Therapeutics, and Peloton Therapeutics. Peloton, acquired by Merck for roughly $1 billion in 2019, developed a first-in-kind kidney most cancers drug accepted by the Meals and Drug Administration in 2021.
Expertise in growth or delivered to market based mostly on UTSW analysis contains most cancers therapeutics, light-weight shielding that protects surgeons from intraoperative radiation, a brand new catheter design, and mRNA medicine. UTSW’s decadeslong historical past of bringing lab discoveries full circle contains successes like cholesterol-lowering medicine generally known as statins, which resulted from the Nobel Prize-winning work of Michael Brown, M.D., and Joseph Goldstein, M.D., who just lately celebrated 50 years of collaboration at UTSW. Charles Pak, M.D., Professor of Inside Medication and within the Charles and Jane Pak Center for Mineral Metabolism and Clinical Research, developed three FDA-approved orphan medicine for kidney stones, elucidated metabolic causes for stone formation, and devised a multitest equipment for people in danger for forming kidney stones.
UTSW additionally has established quite a lot of training and coaching instruments out there for college kids, trainees, and school, together with becoming a member of Blackstone LaunchPad, a community for schools and universities that gives expertise growth mentorship and skill-building.
The annual UTSW Pitch Competition held Thursday offers school and college students unique alternatives to current early-stage applied sciences to main traders, entrepreneurs, and representatives from the well being care trade with prizes totaling $200,000 in three classes: therapeutics, diagnostics/medical units, and digital well being. Its host committee contains luminaries reminiscent of Nicole Small, CEO of Lyda Hill Philanthropies and LH Capital; J.H. Cullum Clark, Director of the Bush Institute-SMU Financial Development Initiative; Jun Il Kwun, Founder and Managing Director of the Actium Group; and Kathleen M. Gibson, President and CEO of Southwestern Medical Basis. The Workplace for Expertise Growth additionally fosters connections with traders and entrepreneurs by way of packages reminiscent of Dolphin Tank, a “Shark Tank”-like expertise the place scientists can obtain suggestions on innovations, and Enterprise Visits, which attracts enterprise capitalists to go to labs, meet school and college students, and talk about job alternatives with postdoctoral fellows.
UT Southwestern partnered with UT Arlington in 1974 to determine the primary Ph.D. biomedical engineering (BME) program in Texas. This pioneering effort, coupled with the intensive collaboration with the engineering college at UT Dallas, has enabled UT Southwestern to maintain a vibrant and extremely sought-after graduate BME program. The academic program features a $120 million, five-story Texas Instruments Biomedical Engineering and Sciences Building opening in 2023 to accommodate joint biomedical engineering packages at UT Southwestern and UT Dallas. Samuel Achilefu, Ph.D., who holds 65 patents, was just lately chosen to chair UT Southwestern’s Biomedical Engineering Division. He has developed cancer-avid supplies and a wearable cancer-imaging goggle system that highlights most cancers cells, offering real-time steerage to surgeons within the working room to make sure the whole removing of cancerous tissue.
Dr. Achilefu holds the Lyda Hill Distinguished College Chair in Biomedical Engineering. Dr. Brown is a Regental Professor who holds The W.A. (Monty) Moncrief Distinguished Chair in Ldl cholesterol and Arteriosclerosis Analysis, 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 Analysis, and the Paul J. Thomas Chair in Medication. Dr. Pak holds the Alfred L. and Muriel B. Rabiner Distinguished Tutorial Chair for Mineral Metabolism Biotechnology Analysis.
About UT Southwestern Medical Middle
UT Southwestern, one of many nation’s premier educational medical facilities, integrates pioneering biomedical analysis with distinctive medical care and training. The establishment’s school has acquired six Nobel Prizes, and contains 24 members of the Nationwide Academy of Sciences, 18 members of the Nationwide Academy of Medication, and 14 Howard Hughes Medical Institute Investigators. The total-time school of greater than 2,900 is liable for groundbreaking medical advances and is dedicated to translating science-driven analysis shortly to new medical therapies. UT Southwestern physicians present care in additional than 80 specialties to greater than 100,000 hospitalized sufferers, greater than 360,000 emergency room instances, and oversee almost 4 million outpatient visits a 12 months.
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