Georgia Tech Affiliate GCMI Plans New MedTech Incubator With Israel’s Rambam Hospital

Israel’s Rambam Health Care Campus in Haifa has announced a partnership with Georgia Institute of Technology affiliate the Global Center for Medical Innovation (GCMI) to facilitate a new MedTech incubator for Israeli-based companies in Atlanta, Georgia.

The northern Israeli hospital called the hub a joint biomedical and digital health innovation center, in a statement.

Rambam doctors and specialists, along with GCMI will provide expertise and consultation to Israeli companies to help them “obtain funding, navigate commercialization and regulatory clearance, and other necessities for entering the US healthcare market.”

Rafi Beyar, director of Rambam Health Care Campus, said the partnership was a “win-win for Israel and Atlanta” and that Rambam can “benefit from the deep knowledge of Georgia’s Global Center for Medical Innovation in how to most efficiently get its medical products to the market and in doing so, help patients around the world.”

Israeli companies selected for the incubator will be hosted there between six and twelve months.

“Israeli engineering and entrepreneurial expertise regularly translate to medical devices capable of improving patient outcomes while driving the overall cost of care down in many parts of the world, including the United States. We believe our commercialization pathway expertise will increase the speed at which Israeli medtech innovations achieve key milestones and ultimately FDA clearance for use in the United States,” said GCMI CEO Tiffany Wilson.

Ambassador and Consul General of Israel to the SE US Judith Shorer said the commitment to the center reflects the Government of Israel’s recent designation of the State of Georgia as a key state. It recognizes Atlanta as a proven technology hub and affirms the strong commercial and technological ties between the two states.

The Consulate General of Israel to the Southeast, Connex America Israel Business Connector, and the Metro Atlanta Chamber of Commerce also support the venture.