Collaboration Spark Innovation – The New Jersey Business Magazine

The Cove in Jersey City will have 1.4 million square feet of lab/tech office space

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Collaboration between state universities and healthcare systems continues to spark innovation in the life sciences and medical fields.

new Jersey, often referred to as the “Medicine Fund of the World,” has gained worldwide recognition for its robust life sciences industry over the years. Recent innovations such as the world’s leading RUCDR Infinity Biologics Saliva testing for the coronavirus, and, separately, Johnson & Johnson, which makes its own COVID-19 vaccine, are prime examples of major innovations still coming out of the Garden State.

but where All This innovation comes from?

The state is home to nMany research universities and home to many famous healthcare systems, all of which are powerful self-contained entities. However, increased cross-sector collaboration opens the door to more opportunities when it comes to breakthroughs, particularlyAlly in life sciences and healthcare.

One example is the New Jersey Alliance for Clinical and Translational Sciences (NJ ACTS).

Funded by the National Institutes of Health (NIH), NJ ACTS is a consortium coordinated by Rutgers Biomedical and HealScience (RBHS) provides funding, training, resources, and services to help researchers collaborate.

“NJ ACTS is an alliance partnership between Rutgers University, Princeton University and the New Jersey Institute of Technology (NJIT) in coordination with Says Reynolds A. PanettiereJr., MD, Professor of Medicine, Robert Wood Johnson Medical School, Vice-Chancellor, Clinical and Translational Sciences, Director, Rutgers Translation Institute Medicine and science. “Almost every RBHS school and institute is involved.”

Translational science is defined as an interdisciplinary collaboration between scientists – including researchers, clinicians, biologists, and members of the pharmaceutical industry.Y – To advance research to address unmet medical needs.

Panettiere NJ describes ACTS as a “natural laboratory” for translational and clinical research.

“There has been a complete re-imaging of research translated into a matrix organization built on coluMillions and classes can simplify, coordinate and simplify the search process. One person is building a new widget in his lab – and that could take years” Panettiere. “However, when you now get support from so many different disciplines, it all helps meIndividual, those years can turn into months.”

In what Jonathan Holloway, president of Rutgers University, described as potentially the most significant and profound investment the state has ever made in translation research, The New Jersey Innovation and The Technology Hub (HUB) is another example of a large-scale collaborative hub that embraces the matrix organization he described Panettiere.

665 million dollars, 550,000 square feet Development began in New Brunswick in October, and opened in 2024, will bring many New Jersey researchers from different sectors together under one “roof” to work side by side.

According to Alex GorskyChairman and CEO of Johnson & Johnson, HUB’s impact will extend far beyond the borders of New Jersey.

“We realize theIn transformative ideas come from everywhere, and the new discoveries and collaborations that will emerge from this center will help change the course of healthcare for patients around the world.” Gorsky Says.

It is also no coincidence that HUB . is locatedD is among the region’s richest group of innovative institutions.

“New Brunswick is ideally located to host the Innovation Center due to its promise to be the corridor of the premier academic medical center in the region with its rich collection ofBarry Ostrovsky, CEO of Higher Education, Healthcare, and Technology says: RWJ Barnabaswhich will serve as one of the core tenants of HUB.

Princeton University, Rutgers University, and Hackensack Meridian health They will also act as primary tenants on site.

Another way to spur innovation is through new academic health systems, and earlier this year, the University of Virtua Health and Rowan University announced their plans to establish the Virtua Health College of Medicine and Health Sciences at Rowan University.

The new college will en include the state’s only orthopedic medical school; Expanded School of Nursing and Allied Health Professions; new school of translational engineering and biomedical sciences; Multiple new research institutes. and more.

Separately, Hackensack Meridian hthe health Launches the New Jersey Innovation Challenge to promote innovation and disruptive solutions from New Jersey businesses. The goal of the challenge is to add comprehensive strategies to the network to improve the patient’s and outpatient’s experienceCome across the state by seeking to reduce readmissions for 30 days Number of diseases.

“We are challenging companies across New Jersey to play a role in helping us transform healthcare,” says Robert C. Garrett, FACHE, Hackensack Meridian. health Executive Director. “The best ideas sometimes take new approaches from a wide range of viewpoints.”

The momentum that New Jersey has created in building its reputation as a center for global life science, technology and medicine does not appear to be slowing at any time. thus.

A little over a year ago, The Cove was announced in Jersey City, which upon completion will be a 13-acre mixed-use campus with 1.4 million square feet of lab/tech office space as well as an equally large residential redevelopment, andWaterfront Park.

The Cove Integrated Community An ambitious community quest and It will attempt to blur the line between the laboratory spaces of academic institutions and commercial life sciences research and development.

While it will be some time before their companiesletion, just like HUB in New Brunswick, The Cove will add another global innovation ecosystem within the state.

These are just a few examples of how innovative research is conducted in NJ, but the topic in all of them is what mattersm cooperation.

“If you put 10 scientists in a room of different disciplines, what they see is an opportunity,” Panettiere Says.

He adds, “New ideas are the way to drive progress, and New Jersey is at the forefront of driving innovation.” Ihor SawczukMD, FACS, Head of Academics, Research and Innovation at Hackensack Meridian health.

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