As part of the strategic planning process, leaders from across the Texas Medical Center discussed how we could best come together in creating an internationally recognized, globally competitive life science center here in Houston.
Of the five institutes that emerged from the Strategic Plan, each addresses a unique opportunity for the Texas Medical Center to help transform the future of medicine, through collaboration and bold decision-making. One of those institutes—innovation—is centered on a need that TMC leaders unanimously identified as one of the most important for this community. The only way for an invention to really impact human health is for it to become commercially available to those who need it.
To that end, we are pleased to announce the launch of the new Texas Medical Center accelerator—TMCx—located right here on the John P. McGovern campus. TMCx is the first component of the Innovation Institute. Through the collective expertise of partners across the city and state, the institute will help individuals and small start-up companies see their ideas through to market.
The cover of this issue of TMC Pulse shows the entryway to a space that is uniquely designed for innovators to develop game-changing technologies, processes and drugs. The Institute will offer communal working areas, lab space, conference rooms and—more importantly—the experts to advise on everything from building a business model to understanding the legal process for securing a patent.
For us, the best way to invest in the future of the medical center is to foster innovation and collaboration to ultimately improve human health. The Innovation Institute is among the first steps to helping us achieve that goal.