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USC and Coulter Foundation Partner to Invest $5M in Breakthrough Innovation in Biomedical Engineering
Date:4/26/2011

LOS ANGELES, April 26, 2011 /PRNewswire-USNewswire/ -- The USC Viterbi School of Engineering, Keck School of Medicine of USC, the USC Stevens Institute for Innovation, and the Los Angeles Basin Clinical Translational Science Institute (CTSI) have been selected to participate in the exclusive Coulter Translational Research Partnership Program.

Announced April 22  by the Wallace H. Coulter Foundation, the prestigious program awards pioneering institutions that are fostering tomorrow's translational technologies and innovations in biomedical health care. The Coulter Foundation invited the USC Department of Biomedical Engineering (BME) to apply based on its number of successful applicants to the Coulter Translational Research Awards. After an arduous application process, only six Departments of BME from across the country were invited to attend the launch of the Program in Las Vegas this past February.  Finally, Coulter selected the USC team to participate in the Program based on its performance at the launch.

"We are very excited to have you as a partner in this challenging but most rewarding endeavor," read the announcement, "as we embark together in the journey of accelerating the translation of biomedical innovations to benefit patient care."

For its operations, the Program will have $1 million each year for a period of five years, with $667,000 a year from the Coulter Foundation augmented by $333,000 of contributions from the USC Viterbi School of Engineering, the CTSI, and the USC Stevens Institute for Innovation.  The Coulter Foundation will form a working partnership with USC to promote translational research. The new program will promote increasing the number of effective collaborations between biomedical engineers and clinicians. The Coulter grant targets and fosters promising technologies that will translate into direct clinical application. The ultimate goal of this partnership is to focus on outcomes that will save, ex
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SOURCE USC Stevens Institute for Innovation; USC Viterbi School of Engineering
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