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Agreements

Date: 2016-04-11

Type of information: Establishment of a new subsidiary in the US

Compound: advanced software systems and manufacturing services to accelerate access to cell and gene therapies

Company: GE Healthcare (USA - WI) Mayo Clinic (USA - Mn) Vitruvian Networks (USA - CA)

Therapeutic area: Technology - Services

Type agreement: collaboration

Action mechanism:

Disease:

Details: • On April 11, 2016, GE Ventures and Mayo Clinic announced the launch of Vitruvian Networks, an independent platform company committed to accelerating access to cell and gene therapies through advanced, cloud-ready software systems and manufacturing services. Vitruvian Networks will partner with therapy producers and serve them by providing a state-of-the-art software and manufacturing platform to bring the “Internet of things” to cell and gene therapies. At scale, the platform will be a network orchestrator for therapeutic companies, with powerful business intelligence and data analytics capabilities. Led by a hybrid of life science and software development experts, Vitruvian Networks initially will focus on the production of autologous cell therapies that target blood cancers. The new company also will develop the supporting standards, infrastructure and ecosystem that will protect patients and expedite discovery, delivery and regulation in the field.  The company will use Mayo Clinic’s data related to biomarkers, cell therapy processes and clinical outcomes to guide further development of personalized therapies. The company will also leverage tools from GE Healthcare’s cell therapy business in addition to those of other leading partners. Vitruvian Networks will access the GE Store – a global exchange of knowledge, technology and tools from across the company – to repurpose analytical capabilities and manufacturing process excellence from business units, such as GE Healthcare, GE Aviation and GE Power.

Financial terms:

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