News & Events

​GCMI and T3 Labs Join Forces to Spur Medical Device Growth in Atlanta, Georgia

July 29, 2016 (Atlanta, Ga.) - The Global Center for Medical Innovation (GCMI) announced today it has signed a letter of intent to acquire the ownership interest in T3 Labs, an industry leading preclinical CRO in Atlanta, from Emory/Saint Joseph’s, Inc.

T3 Labs is currently a development partner of GCMI and their good laboratory practice (GLP) studies have helped more than 30 medical devices achieve FDA /CE regulatory approval. Atlanta-based CardioMEMS developed the world’s first wireless implantable device that measures and monitors pulmonary artery pressures for heart failure patients through preclinical work at T3 Labs. CardioMEMS was acquired by St. Jude Medical in 2014 for $455 million.

“From concept to development through clinical trials, the critical infrastructure to support successful medtech innovation resides within close proximity to our facilities,” said GCMI Executive Director Tiffany Wilson. “Placing T3 Labs under GCMI’s umbrella will enhance operational efficiencies for both, creating and maintaining a capital efficient environment through collaboration and resource alignment. This is a high value proposition for medtech innovators, entrepreneurs, and regional economic development.

“Medical device innovation is a complex, expensive process, yet there is a tremendous need for novel solutions to unmet clinical needs. These are the technologies that will ultimately benefit patients and lower healthcare costs by improving the way physicians diagnose and treat disease. Given Atlanta’s fantastic resources, which include expertise at GCMI, T3 Labs, Georgia Tech and Emory Healthcare, we can help derisk many new medical technologies in a methodical way, making the process more transparent and predictable, decreasing the time required for a new device to get to market and attracting more investment.”

The teams have been collaborating to support GCMI’s incubator companies. Strataca Systems TM, developers of a novel device to treat kidney diseases, completed a $2 million raise after demonstrating proof of concept for their designs and technology with the support of both GCMI and T3 Labs.

As an affiliate of Georgia Tech, GCMI and the T3 team will be working closely with the academic and clinical community to identify, test, develop, and commercialize university innovations, supporting the growth of Georgia Tech’s innovation neighborhoods and the entrepreneurial ecosystem in Atlanta.

GCMI Awarded Grant to Launch Early Stage MedTech Seed Fund and Accelerator to Support Southeast Region

​ATLANTA and WASHINGTON, February 8, 2016 – U.S. Secretary of Commerce Penny Pritzker today announced that the Atlanta-based  Global Center for Medical Innovation  (GCMI) is one of eight awardees in the United States that will receive a Seed Fund Support Grant.
“GCMI originated as a direct result of the OIE’s commitment to driving commercialization and innovation in the U.S., and we have remained committed to helping both Secretary Pritzker and the local EDA office to promote these initiatives throughout the region,” says Tiffany Wilson, Executive Director of GCMI. “One critical hurdle that continues to face early stage medical device startups is access to capital.  Our program is focused on increasing the availability of funding for early-stage companies and investing in companies with diverse teams that are solving true unmet clinical needs.”

GCMI and the Atlantic Pediatric Device Consortium (APDC) Launch 2014 Education Series

The Global Center for Medical Innovation (GCMI) and the Atlantic Pediatric Device Consortium (APDC) partnered in 2014 year to bring together core members of the medical device community to accelerate the commercialization of innovative medical technology. The GCMI APDC Medtech Innovation Education Series was designed to provide creative clinicians and researchers with an overview of the commercialization process and an interactive forum to discuss and share ideas with experienced medtech innovators and entrepreneurs.  Over four quarerly sessions, attendees heard from leading experts who addressed a range of topics in medical device development and commercialization.

GCMI Hosts the Atlanta Young Professionals in Healthcare Network

Connecting The Next Generation Of Healthcare Leaders
On December 5, 2013, GCMI was hosted the Atlanta Young Professionals Network for an evening of education and networking, where speakers from three Healthcare/Life Sciences startup companies were highlighted:
  • DigitalVision: DigitalVision Systems, LLC (“DVS”) is developing the industry’s first vertically-integrated exam-product solution for delivering premium vision care and corrective eyeglasses.
  • Rimidi Diabetes: Rimidi Diabetes develops SAAS applications to improve the cycle of care in diabetes management.
  • Sensiotec: Sensiotec has developed the world’s first truly remote, totally noncontact, cardiorespiratory patient monitoring platform.
 The Atlanta Young Professionals in Healthcare Network is an educational, networking and social resource for young professionals working in or serving the healthcare industry. The group brings together professional from a growing area of our economy, including individuals in the fields of health finance, business development, healthcare administration, law, mergers and acquisitions, private equity, health information technology, accounting, consulting and others.

To attend future events, please e-mail Cary Krueger at

GCMI Signs Partnership With West Tennessee Healthcare

ATLANTA, GA, May 22, 2013 – The Global Center for Medical Innovation (GCMI), a comprehensive medical device innovation center featuring design, engineering and prototyping services, has signed a partnership agreement with West Tennessee Healthcare, one of the largest not-for-profit healthcare systems in the nation. The two organizations will work together to identify, develop and promote medical technology innovation in Jackson, TN, which is West Tennessee Healthcare’s headquarters.

GCMI Provides Support to Two Medical Device Companies

ATLANTA, GA--(Marketwire - Mar 29, 2012) - The Global Center for Medical Innovation (GCMI) announced today that it has selected two Georgia companies that will each receive up to $50,000 in convertible notes: ICON Interventional Systems® and MMJ Labs.

GCMI Adds Two Professionals to Team

ATLANTA, GA--(Marketwire - Mar 2, 2012) - The Global Center for Medical Innovation (GCMI) has added two experienced medical device professionals to its team in anticipation of its April 18, 2012 launch. Doug Schumer, PhD, has joined GCMI as General Manager and Tiffany Wilson Karp has been named Director, Business Development.

Commerce’s Office of Innovation and Entrepreneurship Invests in the Jobs and Industries of the Future

Guest blog by Matt Erskine, Acting Assistant Secretary for Economic Development

To mark the one-year anniversary of the White House Startup America Initiative, in January President Obama sent Congress a proposal to expand tax relief and unlock capital for startups and small businesses that are creating jobs.

When he launched the initiative a year ago, the president sought to promote the success of entrepreneurs across the country. The private sector responded with the Startup America Partnership, launching new entrepreneurial networks all across the country. AOL co-founder and member of the President’s Jobs Council, Steve Case, and the Kauffman Foundation joined to form the Startup America Partnership, which is a nonprofit alliance of entrepreneurs, major corporations and service providers that has mobilized more than $1 billion in business resources to serve as many as 100,000 startups over the next three years.

This year, the administration unveiled several new agency actions to accelerate the growth of young, job-creating companies, at the same time that new entrepreneur-led regional coalitions are launching throughout the nation.

One of those efforts will fuel regional innovation. In the coming months, the Department of Commerce’s Economic Development Administration (EDA), along with several Federal partners, will launch the third round of the i6 Challenge, a multiagency competition which funds regional collaborations to bring innovative, ground-breaking ideas from the lab to the marketplace, creating new startups and jobs across the country. Commerce is also launching a new initiative to connect entrepreneurs with the resources made available through the Startup America Partnership and its partners.

This week, I attended the grand opening of the Global Center for Medical Innovation (GCMI), the Southeast’s first comprehensive medical device innovation center and an effort funded by the i6 Challenge. Located in the Atlanta innovation hub—in close proximity to Georgia Tech and Hartsfield International Airport—GCMI has already generated a significant return on investment and leveraged millions in private-sector investment. Federal funds are helping to build and equip a prototyping design and development facility that will accelerate the commercialization of next-generation medical devices. GCMI will help new product teams shorten time to market, enhance their product development, and achieve significant cost savings—both through its prototyping design and development facility and through GCMI’s initiative to create new approaches for identifying, developing, and moving technology into the marketplace. These efforts will create new jobs and economic activity.

An innovative public-private partnership, GCMI is a partnership of four of Georgia’s leading research and health care organizations: the Georgia Institute of Technology, Saint Joseph’s Translational Research Institute (SJTRI), Piedmont Healthcare, and the Georgia Research Alliance. GCMI brings together core members of the medical device community, including universities, research centers, clinicians, established device and drug companies, investors, and early-stage companies, with the goal of accelerating the commercialization of innovative medical technology. Looking to increase their global competitiveness, GCMI is developing a medical device partnership with the National University of Ireland in Galway through Georgia Tech, which has relationships and a facility there.

Innovation centers like GCMI are vital to America’s economic future. GCMI will help the Atlanta Region—and the entire southeastern United States—accelerate the development and commercialization of next-generation technology. The i6 Challenge will continue to reward innovative ideas and promote the commercialization of federally-funded research to accelerate and maximize the economic benefit of our nation’s investment in research and development, foster high-growth entrepreneurship, and support the development of innovation ecosystems.

Commerce’s Office of Innovation and Entrepreneurship Invests in the Jobs and Industries of the Future