Innovative Digital Health Hub by MATTER to Tackle Health Threats
MATTER Selected as Leader in Digital Health Solutions
MATTER, a leading healthcare incubator and innovation hub, recently announced its selection by the Biomedical Advanced Research and Development Authority (BARDA) as the Digital Health Hub for the BARDA Accelerator Network. This crucial assignment emphasizes the role of MATTER in fostering healthcare innovation, particularly in response to health security threats.
Understanding the Digital Health Hub Initiative
The newly established Digital Health Hub, named Paratus — which translates from Latin as "ready for anything" — is designed to create and validate innovative digital health solutions. The initiative aims to empower the nation to effectively prepare for and address health security threats, while also enhancing the continuity of clinical care. Through this hub, a variety of accelerator programs will support entrepreneurs in developing solutions essential for health security.
Applications for these accelerators will be open only through a selection process, with the first program scheduled to be unveiled in the near future.
Leadership's Vision for Future Health Security
Expressing pride in this selection, Steven Collens, CEO of MATTER, remarked, "We are honored that BARDA selected MATTER to support BARDA's efforts to advance digital health entrepreneurship needed for emergency preparedness. With a decade of experience in identifying and accelerating promising healthcare startups, we are eager to contribute our expertise to enhance our country's readiness for future health challenges."
Collaboration Within the BARDA Accelerator Network
Within the BARDA Accelerator Network, MATTER will join four additional hubs, each serving a unique purpose in health security innovation. For instance, the Enabling Technologies Hub focuses on advancing technologies pertinent to biomanufacturing, drug development, and clinical support. Another notable hub, the Special Populations Hub, targets health security innovations specifically aimed at pediatrics.
Moreover, this initiative also encompasses two other recently established hubs that focus on medical diagnostics, device innovations, therapeutics, and vaccine advancements. This collaborative effort facilitates a wider range of solutions addressing various health security needs.
Comprehensive Support for Health Innovators
The BARDA Accelerator Network is designed to provide comprehensive support to health innovators, startups, and related organizations. By offering a variety of resources, including technical and business expertise, the network seeks to streamline the development, evaluation, validation, and commercialization of vital medical countermeasures.
Learn More About the Paratus Digital Health Hub
For further details on the Paratus Digital Health Hub and its initiatives, interested individuals are encouraged to visit the MATTER website. The hub aims to be a beacon of support for innovative healthcare solutions that contribute to national health security.
About MATTER
Since its founding in 2015, MATTER has grown to become a significant player in the healthcare innovation landscape. The hub connects hundreds of startups with hospitals, health systems, and industry-leading firms to pioneer advancements in care. To date, MATTER has nurtured over 1,000 healthcare startups, which have collectively generated more than 10,000 jobs and secured over $5.1 billion in funding.
As a hub for innovation, MATTER's products and services have made significant impacts, used by more than 1.25 million healthcare professionals to enhance care delivery and improve patient outcomes.
Frequently Asked Questions
What is the role of MATTER in the BARDA Accelerator Network?
MATTER is selected as the Digital Health Hub, focusing on developing and validating digital health solutions for emergency preparedness and health security challenges.
What does the name 'Paratus' signify?
'Paratus' is a Latin term meaning "ready for anything," reflecting the hub's mission to prepare for health security threats and support health innovation.
How can entrepreneurs participate in the accelerator programs?
Participation in the accelerator programs will be by application only, with details regarding the initial program expected to be announced shortly.
What types of hubs are part of the BARDA Accelerator Network?
The network includes various hubs focused on different areas, including enabling technologies, pediatrics, medical diagnostics, and vaccine innovations.
What is MATTER's impact on the healthcare industry?
MATTER has supported over 1,000 startups, contributing to job creation and significant capital raising, driving innovation in healthcare across the globe.
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