HealthLeaders Media May 30, 2019
The plan is to build off of Biomedical Advanced Research and Development Authority’s current network of eight accelerators established last year.
The Department of Health and Human Services (HHS) announced Wednesday that it is aiming to expand its Division of Research, Innovation and Ventures (DRIVe) Accelerator Network under the Biomedical Advanced Research and Development Authority (BARDA).
In June 2018, HHS established a network of eight accelerators through DRIVe to provide funding and support for biotechnology innovators to further the development of products.
Since its launch, DRIVe has provided nearly $6.5 million in funding to healthcare companies developing innovative products.
Now, DRIVe is looking to expand the network geographically as HHS continues to work on promoting healthcare innovation in association with...