EnterpriseWorks Chicago (EW Chicago), the incubation arm of the University, officially opened HTI in January 2014. The 12,000 square foot shared laboratory and office space is aimed at validating ideas, converting innovation into products, and accelerating the project to venture readiness. HTI serves as Chicago’s first shared wet lab facility. As a platform for community and economic development, HTI was able to capture existing client demand when the doors opened.
To ensure its ability to serve as a platform for community and economic development, EW Chicago engaged and secured a flagship industry partnership with AbbVie, creating a vehicle for industry/academic engagement. EW Chicago has also aligned with IllinoisVENTURES, LLC as an anchored presence within HTI. Leveraging these partnerships brings industry and investors closer to innovation. Industry expertise and validation at this early stage leads to greater investment success.
Since the opening of EW Chicago, nine companies have joined HTI. EW Chicago proudly serves the needs of the following companies:
- Thermatome – Developing a breast cancer treatment based on technology developed by a Rush University Medical Center Surgeon
- Vivacelle Biotech – Working to move a Hypovolemia therapeutic to treat low flow through the regulatory process, based on technology from Louisiana State with a Chicago based business and investment team.
- Arphion – A team of UIC innovators developing an oral cancer diagnostic that recently won STTR funding.
- Novalex – A renowned UIC Innovator, Michael Johnson, developing antimicrobial drugs also recently winning STTR funding.
- BioCosmeceuticals – Developing over the counter (OTC) regulated topical creams
- Intersect Health – A proprietary electronic health record and practice management software system working to scale use and penetrate new markets.
- SolutionRx - A specialty pharmaceutical dispensing and dosing workflow software developed by UIC faculty, students and staff.
- PolarGreen - An integrated ergonomic hardware/software workstations for healthcare workers
- Thermal Conservation Technologies – An award winning UIC Innovator of Year, Alan Feinerman, commercializing novel Insulating materials.
Anchored by a fully equipped conference room, HTI brings scientists, clinicians, engineers and industry together for an interdisciplinary approach to drug, diagnostic, device, material and information technology development. As a proof of concept center, HTI aims to increase the viability of complex research based start-ups by focusing on the methodology that technology feasibility must occur in parallel to market feasibility.
To find out how you can engage with EnterpriseWorks Chicago programs and facilities, contact us.