ABOUT THE PARTNERSHIP
Through partnership with the Wallace H. Coulter Foundation, the Columbia-Coulter Translational Research Partnership will deploy $5 million of funding over five years—two-thirds from the Foundation, one-third from Columbia—to projects with the highest chances of achieving a successful outcome, defined by the Foundation as a license of the technology to a commercial partner with the resources and expertise to bring the technology to market. This partnership, which focuses exclusively on the commercialization of medical devices, diagnostics, and healthcare IT, will jumpstart the translation and development of biomedical technologies arising from engineering-clinical collaborations at Columbia.
The program is led by the Department of Biomedical Engineering at the Fu Foundation School of Engineering and Applied Science, in collaboration with the Departments of Surgery, Orthopaedic Surgery and Radiology at Columbia University Medical Center, and Columbia Technology Ventures, the technology transfer office of Columbia University.
It is made possible by a generous grant from the Wallace H. Coulter Foundation and support of leadership from the Offices of the Executive Vice President for Research and the Provost.
The Wallace H. Coulter Foundation
Wallace Coulter's deepest passion was to improve health care and make these improvements available and affordable to everyone. Thus, it should come as no surprise, that Mr. Coulter dedicated his wealth to continuing to improve health care through medical research and engineering. Prior to his death Mr. Coulter established the Wallace H. Coulter Foundation to fund these areas.
The Foundation received funding in 1999 and will continue this legacy by funding translational research in biomedical engineering with the goal of accelerating the introduction of new technologies into patient care.
Prior to the establishment of its two main programs to support translational research in biomedical engineering, the Foundation began working with colleges, universities and professional associations that Wallace Coulter was associated with during his lifetime. His values of endless curiosity, continuous learning, teamwork, consideration and respect for the individual, coupled with the highest level of ethics and integrity are the cornerstone values of The Wallace H. Coulter Foundation.