MATTER Named as Leader in Digital Health Solutions
MATTER, an influential healthcare incubator and innovation hub, has recently been chosen by the Biomedical Advanced Research and Development Authority (BARDA) to serve as the Digital Health Hub within the BARDA Accelerator Network. This vital role highlights MATTER's commitment to promoting healthcare innovation, especially in response to health security threats.
What is the Digital Health Hub Initiative?
The newly launched Digital Health Hub, known as Paratus—which is Latin for "ready for anything"—aims to develop and validate groundbreaking digital health solutions. This initiative is designed to help the nation effectively prepare for and tackle health security threats while ensuring the continuity of clinical care. Through this hub, various accelerator programs will support entrepreneurs in crafting solutions critical for health security.
It’s important to note that applications for these accelerators will be available only through a selection process, with the first program set to be announced soon.
Leadership's Vision for Health Security
Steven Collens, the CEO of MATTER, expressed great pride in this selection, stating, "We are honored that BARDA selected MATTER to support BARDA's efforts to advance digital health entrepreneurship needed for emergency preparedness. With ten years of experience in identifying and nurturing promising healthcare startups, we look forward to contributing our expertise to strengthen the country's readiness against future health challenges."
Collaboration Within the BARDA Accelerator Network
As part of the BARDA Accelerator Network, MATTER will collaborate with four other hubs, each focusing on different aspects of health security innovation. For example, the Enabling Technologies Hub is dedicated to enhancing technologies relevant to biomanufacturing, drug development, and clinical support. Another significant hub, the Special Populations Hub, aims specifically at health security innovations for pediatrics.
This initiative also includes two additional recently launched hubs, which concentrate on medical diagnostics, device innovations, therapeutics, and vaccine advancements. This collaborative approach enables a broader spectrum of solutions to tackle various health security needs.
Comprehensive Support for Health Innovators
The BARDA Accelerator Network is committed to providing extensive support for health innovators, startups, and related organizations. By offering a range of resources, such as technical assistance and business guidance, the network aims to facilitate the development, evaluation, validation, and commercialization of essential medical countermeasures.
Discover More About the Paratus Digital Health Hub
For those interested in learning more about the Paratus Digital Health Hub and its initiatives, we encourage you to visit the MATTER website. The hub intends to be a stronghold of support for innovative healthcare solutions that bolster national health security.
About MATTER
Since its inception in 2015, MATTER has emerged as a key player in the field of healthcare innovation. The hub connects countless startups with hospitals, health systems, and industry-leading companies to drive advancements in care. To date, MATTER has helped nurture over 1,000 healthcare startups, which have collectively created more than 10,000 jobs and attracted over $5.1 billion in funding.
As a center for innovation, MATTER's products and services have significantly impacted the field, being utilized by more than 1.25 million healthcare professionals to enhance care delivery and improve patient outcomes.
Frequently Asked Questions
What role does MATTER play in the BARDA Accelerator Network?
MATTER has been selected as the Digital Health Hub, with a focus on developing and validating digital health solutions crucial for emergency preparedness and health security challenges.
What does 'Paratus' mean?
'Paratus' is derived from Latin, meaning "ready for anything," and represents the hub's mission to prepare for health security threats while fostering health innovation.
How can entrepreneurs get involved in the accelerator programs?
Entrepreneurs can participate in the accelerator programs through an application process, details of which will be shared soon regarding the inaugural program.
What types of hubs are included in the BARDA Accelerator Network?
The network features various hubs that focus on different areas, such as enabling technologies, pediatric health, medical diagnostics, and vaccine innovations.
What impact has MATTER had on the healthcare industry?
MATTER has supported more than 1,000 startups, significantly contributing to job creation and substantial fundraising, thus driving innovation across the global healthcare landscape.
