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	<title>HMH &#8211; Affiliate Marketing Programs | CBOMO.COM</title>
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		<title>First HMH innovation hub spinout gets $1M commitment</title>
		<link>https://cbomo.com/apiclick-aspxreffexrssaidtid65ccf1aea4bd4f60a826cb0ad09e1d54urlhttps%3a%2f%2fnjbiz-com%2ffirst-hmh-innovation-hub-spinout-gets-1m-commitment%2fc10869625576845388731mkten-us/</link>
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		<dc:creator><![CDATA[cbomo]]></dc:creator>
		<pubDate>Wed, 14 Feb 2024 17:00:31 +0000</pubDate>
				<category><![CDATA[Affiliate Marketing Tips]]></category>
		<category><![CDATA[commitment]]></category>
		<category><![CDATA[HMH]]></category>
		<category><![CDATA[Hub]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[spinout]]></category>
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					<description><![CDATA[[ad_1] Listen to this article EValuate Diagnostics, the first spinout company from Hackensack Meridian Health’s Research Institute and its Office of Innovation and Commercialization, received a $1 million commitment from Foundation Venture Capital Group (FVCG). Announced last week, EValuate Diagnostics offers a new platform for the targeted capture of circulating biomarkers, or extracellular vesicles (EVs). The company focuses on developing diagnostic solutions for very early and rapid detection of diseases, like cancer. An affiliate of the New&#8230;]]></description>
										<content:encoded><![CDATA[<p> [ad_1]<br />
</p>
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<p>EValuate Diagnostics, the first spinout company from Hackensack Meridian Health’s <a target="_blank" href="https://www.hackensackmeridianhealth.org/en/research/office-of-research-administration/office-of-innovation-and-commercialization" rel="noopener">Research Institute and its Office of Innovation and Commercialization</a>, received a $1 million commitment from Foundation Venture Capital Group (FVCG).
</p>
<p>Announced last week, EValuate Diagnostics offers a new platform for the targeted capture of circulating biomarkers, or extracellular vesicles (EVs). The company focuses on developing diagnostic solutions for very early and rapid detection of diseases, like cancer.
</p>
<p>An affiliate of the <a target="_blank" href="https://www.njhealthfoundation.org/" rel="noopener">New Jersey Health Foundation</a> (NJHF), FVCG’s addition of EValuate to its portfolio will help advance the company’s technologies – turning this kind of testing into a reality and saving lives.</p>
<p>According to HMH Chief Executive Officer <a target="_blank" href="https://njbiz.com/njbiz-conversations-hackensack-meridian-health-ceo-robert-garrett/" rel="noopener">Robert Garrett</a>, the innovation aims to revolutionize detecting and treating disease.</p>
<figure id="attachment_408168" aria-describedby="caption-attachment-408168" style="width: 120px" class="wp-caption alignright none"><img decoding="async" loading="lazy" class="wp-image-408168 size-thumbnail" src="https://njbiz.com/files/2023/02/Garrett_Robert_sized-120x150.jpg" alt="Robert Garrett" width="120" height="150" srcset="https://njbiz.com/files/2023/02/Garrett_Robert_sized-120x150.jpg 120w, https://njbiz.com/files/2023/02/Garrett_Robert_sized-240x300.jpg 240w, https://njbiz.com/files/2023/02/Garrett_Robert_sized-346x433.jpg 346w, https://njbiz.com/files/2023/02/Garrett_Robert_sized-41x51.jpg 41w, https://njbiz.com/files/2023/02/Garrett_Robert_sized-136x170.jpg 136w, https://njbiz.com/files/2023/02/Garrett_Robert_sized-159x199.jpg 159w, https://njbiz.com/files/2023/02/Garrett_Robert_sized-236x295.jpg 236w, https://njbiz.com/files/2023/02/Garrett_Robert_sized-166x208.jpg 166w, https://njbiz.com/files/2023/02/Garrett_Robert_sized-106x133.jpg 106w, https://njbiz.com/files/2023/02/Garrett_Robert_sized-360x450.jpg 360w, https://njbiz.com/files/2023/02/Garrett_Robert_sized-63x79.jpg 63w, https://njbiz.com/files/2023/02/Garrett_Robert_sized-45x56.jpg 45w, https://njbiz.com/files/2023/02/Garrett_Robert_sized-143x179.jpg 143w, https://njbiz.com/files/2023/02/Garrett_Robert_sized.jpg 500w" sizes="auto, (max-width: 120px) 100vw, 120px"/><figcaption id="caption-attachment-408168" class="wp-caption-text">Garrett</figcaption></figure>
</p>
<p>“With partnerships like that with FVCG, we are accelerating breakthroughs to save lives,” said Garrett. “We are grateful to have such important relationships with organizations who understand our ambitions.”
</p>
<p>“EValuate Diagnostics’ research could be a game-changer, and we will help make their objective of successfully commercializing their technology a reality – for everyone’s benefit,” said Dr. George Heinrich, vice chair and CEO, NJHF and FVCG.</p>
<h2>Pushing the envelope</h2>
<p>EValuate Diagnostics is based on the work of Dr. Olivier Loudig. An associate member of the Hackensack Meridian Center for Discovery and Innovation (CDI), Loudig is directly involved with EValuate’s development.
</p>
<p>HMH officials say this type of work and company reflect why the CDI was founded in 2019. The office has a core mission of translating cutting-edge science to rapidly impact patient health.
</p>
<p>“The work of Olivier Loudig is pushing the envelope of disease detection,” said Dr. David Perlin, chief scientific officer and executive vice president of the CDI. “We are thrilled that this work will be translated for real-world clinical impact in the near future.”
</p>
<p>“We will support the work as EValuate Diagnostics continues to break new ground in this field,” said Sandra Powell-Elliott, chief innovation officer for HMH, who leads the network’s Office of Innovation and Commercialization.
</p>
<p>“This is the kind of new idea, targeted toward clinical need, that can truly ‘move the needle,’” said Dr. Ihor Sawczuk, HMH’s president of Academics, Research and Innovation, founding chair of the HMH Research Institute.
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