CCU becomes lead S.C. institution for biomedical technology accelerator hub funded by NIH

Coastal Carolina University has been tapped as the lead institution in South Carolina for a regional biomedical technology accelerator hub funded by the National Institute of General Medical Sciences, a division of the National Institutes of Health. The initiative is a collaboration with more than 20 universities in the southeast region and XLerateHealth LLC, a health care technology accelerator based in Louisville, Ky.

The primary purpose of the hub is to help the universities in the Southeast Institution Development Award (IDeA) region (Kentucky, Arkansas, Louisiana, Mississippi, Puerto Rico, South Carolina, West Virginia) to accelerate early stage biomedical technology from the laboratory to the market.

“We are excited about what this means for the potential growth for health-related businesses in the area,” said Michael Roberts, dean of CCU’s College of Science and vice president for research and emerging initiatives. “This brings together institutions across the state, and with the growth of major health care providers moving to the Grand Strand, we are positioned to play a significant role in their growth and development.”

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