by: Alex Brown, Inside INdiana Business

Posted: Feb 3, 2021 / 10:51 AM EST / Updated: Feb 3, 2021 / 11:06 AM EST

INDIANAPOLIS (Inside INdiana Business) Regenstrief Institute in Indianapolis is partnering with an Indy-based venture studio to expand the reach of health care-related innovations. The institute says through the partnership, Boomerang Ventures will also benefit from the expertise of its research scientists.

Boomerang Ventures focuses on funding and launching startups and concepts to help improve health care. The institute says together, the partners will work to develop and commercialize innovations from Regenstrief research scientists.

Todd Saxton, vice president for business development atRegenstrief says bringing any type of concept, even those that are well thought out and backed by evidence, to market can be complex.

With its depth and expertise, Boomerang Ventures will help us take the discoveries made in our research to the next stage, refining and connecting these promising concepts to professionals and markets to help them flourish, said Saxton. It is one promising approach in an array of ways to move from research to impact. We look forward to working closely with Boomerang Ventures to advance our research for the betterment of peoples health and health care systems.

Boomerang Managing Partner Oscar Moralez says the partnership will help bridge the gap between the research and business worlds.

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Partnership created to accelerate health care innovation - WISHTV.com