MIDC Connects Hopkins to Luminox Health of Israel: Major Partnership Established
Last December, the Maryland/Israel Development Center (MIDC) connected two health care powerhouses – The Johns Hopkins University and Luminox Health of Israel – resulting in a collaboration to build solutions to modern medical challenges. The agreement will help Israeli companies gain access to Hopkins and their medical expertise to develop ideas into real-world solutions and grow their companies in the U.S. market.
As part of the collaboration Luminox will establish an investment fund focused on early-stage digital health innovations that will collaborate with the Fast Forward program, Johns Hopkins’ innovation hub and technology accelerator.
MIDC will work with Johns Hopkins and organize a business advisory group, comprised of local experts, which will advise the entrepreneurs on starting a company in the U.S. It will also assist with hospitality, connecting Israeli entrepreneurs to Baltimore residents. For example, explains Barry Bogage, executive director of MIDC, the organization can help an Orthodox businessman find a place to spend Shabbat, or connect them to local Israeli families.
“We are so proud that the introduction we made between Johns Hopkins with Dr. Yossi Bahagon of Luminox led to this exciting program,” says Barry Bogage. “We congratulate the two on their exciting new collaboration to bring Israeli digital healthcare technologies to Johns Hopkins University for technology development and commercialization.”
MIDC first introduced The Johns Hopkins University to Dr. Bahagon at a luncheon it hosted at the mHealth Summit in Rockville, Maryland in 2014. This year, MIDC will also host a luncheon and two dinners for Israeli businesses and Maryland life sciences companies, hoping to promote more business opportunities in the state. In addition, MIDC was instrumental in securing an Israeli Pavilion in the center of the exhibit hall, for Israeli companies to showcase their technologies.
The conference will be held in early November at The Gaylord National Resort and Conference Center Hotel in Washington, D.C. If interested in learning about MIDC’s mHealth Summit events, contact Barry Bogage.