麻豆果冻传媒

SRI International and Stanford University School of Medicine Launch the MISTRAL Collaborative to Innovate Medical Device Development

For Release: June 29, 2010

MENLO PARK, Calif. SRI International and the Stanford University School of Medicine announced today that they have established the MISTRAL (Multidisciplinary Initiative for Surgical Technology Research Advanced Laboratory) Collaborative, a program to accelerate the innovation of medical devices and bring them to market faster.听 A key objective of this program is the effective and safe transformation of innovative medical device ideas into products that will improve the quality and reduce the cost of healthcare in several key areas, such as pediatric medical products, trauma care, telemedicine, and endoscopy.

Research efforts will focus on underserved medical needs, particularly where market factors and regulatory concerns may prevent medical device companies from investing in high risk innovations. Projects already underway include improved surgical devices for newborns, enhanced surgical endoscopic tools with increased dexterity, and a viable alternative to sutures using robotic instruments. MISTRAL is led by co-founders Pablo Garcia and听 Sanjeev Dutta, MD. Garcia also leads research in medical systems and medical product development, telemedicine and robotic surgery at SRI International. Dutta is a nationally recognized leader in minimal-access surgery and defined the area of stealth surgery, a 鈥渟carless鈥 approach to pediatric operations. He is associate professor of surgery and of pediatrics at the Stanford University School of Medicine and attending surgeon at Lucile Packard Children鈥檚 Hospital at Stanford. 鈥淭here is a growing need for innovation in the medical device industry, especially for underserved groups such as newborns and children,鈥 said Dutta. 鈥淭he MISTRAL Collaborative, through the broad clinical, engineering, and commercialization resources of our member institutions, hopes to catalyze breakthrough device development by performing the initial R&D, partnering with industry, and identifying paths to market for badly-needed pediatric medical devices.鈥

鈥淭hrough close collaboration with surgeons, engineers, and other key stakeholders, we hope to create a sustainable program that will improve patient care through innovative and cost effective technologies,鈥 said Pablo Garcia, an SRI principal engineer. 鈥淪RI鈥檚 proven approach to technology innovation, biosciences research, and commercialization, combined with Stanford鈥檚 renowned clinical care research, particularly through the strong emphasis on pediatric medical care at Lucile Packard Children鈥檚 Hospital Stanford, will foster hands-on development of products addressing important market needs.鈥 The MISTRAL Collaborative is organized听 in working groups comprised of technical staff from SRI, physicians and medical staff from Stanford and Packard Children鈥檚, consultants, and industry professionals brought together to address a specialty area. Interdisciplinary collaboration between engineers and surgeons will help develop needed devices and accelerate the bench-to-bedside translational process.

The business development function will play a key role in defining the market approach for each device and will create initial business plans during the early stages of development. Once a plan is defined, the team will explore opportunities for financial viability and support. The consortium will maintain an active network of venture capitalists and investors with a record and interest in medical devices. A key feature will be the formation of a Pediatric Device Fund, a venture-philanthropic approach to support the development of products that do not have sufficient market pull, but that would provide significant clinical benefits if brought to the market.

About SRI International

Silicon Valley-based听听is one of the world's leading independent research and technology development organizations. SRI, which was founded by Stanford University as Stanford Research Institute in 1946 and became independent in 1970, has been meeting the strategic needs of clients and partners for听more than 60 years. Perhaps best known for its invention of the听computer mouse and interactive computing, SRI has also been responsible for major advances in听networking and communications,听robotics,听drug discovery and development,听advanced materials,听atmospheric research,听education research, economic development,听national security, and more. The nonprofit institute performs听sponsored research and development听for听government agencies,听businesses, and听foundations. SRI also听licenses its technologies, forms听strategic alliances, and creates听spin-off companies. In 2009, SRI's consolidated revenues, including its wholly owned for-profit subsidiary, Sarnoff Corporation, were approximately $470 million. Sarnoff Corporation, a leader in vision, video, and semiconductor innovations, will be fully integrated into SRI effective January 1, 2011.

About 麻豆果冻传媒 Children's Health

麻豆果冻传媒 Children鈥檚 Health, with听Lucile Packard Children鈥檚 Hospital Stanford听at its center, is the Bay Area鈥檚 largest health care system exclusively dedicated to children and expectant mothers. Our network of care includes more than 65听locations听across Northern California and more than 85 locations in the U.S. Western region.听Along with Stanford Health Care and the Stanford School of Medicine, we are part of听, an ecosystem harnessing the potential of biomedicine through collaborative research, education, and clinical care to improve health outcomes around the world. We are a nonprofit organization committed to supporting the community through meaningful outreach programs and services and providing necessary medical care to families, regardless of their ability to pay. Discover more at听stanfordchildrens.org.