Wisconsin’s Drive for $75M Towards Personalized Medicine Innovation

February 29, 2024

Madison, Wisconsin, Feb. 29, 2024 (GLOBE NEWSWIRE) — Following Wisconsin’s designation as a Regional Technology and Innovations Hub (Tech Hub) from the Economic Development Administration (EDA) last October, the Wisconsin Biohealth Tech Hub submitted its Phase 2 application seeking $75 million in funds to support six interconnected projects designed to transform the State of Wisconsin into a global leader in biohealth innovation and personalized medicine.

The Projects:

Wisconsin Health Data Hub- aims to establish a cyber-secure repository of expansive health data, fueling innovation and reducing the cost and time required to bring new therapies to market. Led by UW-Madison.
CAREScan Mobile Screening Center- addresses health disparities by deploying mobile cancer screening fleets in underserved communities, collecting valuable biomarker data, and advancing health equity. Led by Medical College of Wisconsin.
Image-Guided Therapy Data-Centric Patient Care Pathway- streamlines the integration of new technologies into healthcare systems, supporting the growth of theranostics and driving innovation in personalized medicine. Led by GE HealthCare.
Advancing Innovation to Commercialization- bridges the gap between invention and market deployment, providing critical support for entrepreneurs and moving innovations closer to market readiness. Led by BioForward Wisconsin.
Actualizing Biohealth Career Pathways- ensures a skilled workforce to sustain sector growth through expanded certification programs, apprenticeships, and skills-based training, creating inclusive talent pipelines aligned with employer demands. Led by Madison College and Milwaukee Area Technical College.
Wisconsin Biohealth Tech Hub Governance- nurtures collaboration across projects, tracks metrics, and shares learnings, reinforcing the cycle of innovation and deployment. Led by BioForward.

“Receiving the Tech Hub designation was just the beginning,” explains Wendy Harris, Regional Innovation Officer for the Wisconsin Biohealth Tech Hub. “It recognizes Wisconsin’s strengths in personalized medicine, biohealth technology, and precision manufacturing. Now, as we seek funding to drive growth and innovation while safeguarding national security, witnessing Wisconsin companies come together is an amazing testimony to our collaborative spirit and our ability to succeed as a unified force.”