Financial & Business

Georgia Tech, Augusta University Team Up to Boost Regional Medtech Innovation

A major life sciences hub, Augusta University is home to numerous biomedical researchers.

Photo: afotostock/Shutterstock.

The Georgia Institute of Technology and Augusta University are joining forces to augment the city’s medical device innovation ecosystem. 

The Augusta region has become a major hub for health and life sciences, courtesy of its five hospitals and the Medical College of Georgia, the nation’s 13th-oldest medical school and one of the largest.

In addition, the advocacy nonprofit Georgia Life Sciences designated the region a BioReady Gold community. The ratings system recognizes the area’s existing bioscience assets and its commitment to expanding infrastructure and commercialization, marking Augusta as a desired choice for biotech companies looking for suitable sites to expand.

Leading the work at Georgia Tech are the Georgia Manufacturing Extension Partnership (GaMEP) and Advanced Technology Development Center (ATDC). GaMEP is a program of the Enterprise Innovation Institute, Georgia Tech’s chief economic development arm. Its team has the necessary skills to help innovators understand the mandates needed to bring medical devices to market. 

“When entrepreneurs gain insight into the regulatory and quality requirements early in development, they can make informed, strategic decisions that can significantly reduce both time and cost,” said Sarah Jo Tucker, industry manager for GaMEP’s medical device group. “We partner closely with innovators throughout the process and bring deep expertise in the regulatory requirements, while they bring expertise in their technology. Together, we can move products efficiently and confidently from concept to commercialization.”

ADTC, part of Georgia Tech’s Office of Commercialization, is considered the state’s premier technology incubator and the oldest U.S. university-based incubator. ATDC provides guidance and resources for entrepreneurs and founders to successfully launch and scale their technology companies.

Since its 1980 founding, ATDC’s startup graduates have attracted more than $6.2 billion in investment and generated over $14 billion in revenue in Georgia. Through the partnership with Augusta University, ATDC uses its expertise to serve medical device entrepreneurs.

“Medical innovation across the state of Georgia is critical for our health tech industries to thrive,” said Chris Dickson, ATDC’s startup catalyst in the Augusta region. “We identify investment-ready medical technology startups and provide the support needed while they are scaling their businesses.”

A major hub for the life sciences, Augusta University has attracted top biomedical researchers. Guido Verbeck understands this dynamic firsthand—he is an entrepreneur, medical device innovator, and a professor of chemistry and biochemistry at Augusta University.

“Academia is a fantastic platform for launching ideas, but there must be an understanding of how to bring a device to market,” Verbeck stated. “Physicians and practitioners who are also academics are solving problems in real time, but they often lack the resources and support to get their ideas to production and commercialization.”

Lynsey Steinberg, director of innovation for Augusta University’s strategic partnerships and economic development team, summed up collaboration’s goal: “When we tap our depth of talent, innovation, and community collaboration, this region has what it takes to become a launchpad for medical device startups—a place where bold ideas find the purpose they need to succeed to solve real-world problems,” she said.

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