Academic-industry partnerships are critical in driving health care innovation

Catherine Burns hosts panel of academic and industry experts across the health tech ecosystem at THE Digital Health 2024 at Stanford University

By Jordan Flemming

University Relations

Rapid technological progress is reshaping health care on a global and personal level. Artificial Intelligence (AI) is reshaping the future of health by enabling predictive analytics, personalized treatment plans and medical image analysis. By 2027, the global AI in health care market is expected to reach $51.3 billion USD, as AI-driven solutions become increasingly integrated into health practices globally.

Catherine Burns, associate vice-president, Health Initiatives, moderated a panel on how partnerships across industry sectors, academia and patient communities are essential to drive innovation and address complex health care challenges. Topics included optimizing collaborations between digital health university incubators and industry and how important leveraging academic research capabilities are in innovation.

“I think what’s most interesting about building and maintaining partnerships is understanding what motivates and precipitates the need for a partnership to begin with,” Burns said.

This is because digital health relies on a variety of skillsets including data science, clinical experience, business acumen, research ethics and an understanding of data compliance.

To read the full article click here!