XLerateHealth partners with Clemson, Coastal Carolina, MUSC on regional biomedical technology accelerator hub

Industry and academic partners across the region on Thursday announced a federal grant that could potentially total $3.5 million over three years to create a hub to accelerate commercialization of biomedical technologies.

The grant, which includes nearly $500,000 in funding the first year, is being awarded by the National Institute of General Medical Sciences (NIGMS), a division of the National Institutes of Health (NIH).

XLerateHealth, LLC, a Louisville-based healthcare technology accelerator that focuses on startups and commercialization, is the primary awardee on the grant. XLerateHealth joined forces with a consortium of 24 academic institutions led by the University of Kentucky (UK), in partnership with the University of Louisville (UofL) and West Virginia University (WVU).  Additional participants include Clemson University, Coastal Carolina University, and the Medical University of South Carolina.  Read on for full details.