MOUNTAIN VIEW, Calif. and FRANKLIN LAKS, N.J. — BD is joining forces with think-tank and business incubator Singularity University to find technological solution to pressing healthcare issues. The two companies announced a partnership Thursday, through which BD will create carious startup opportunities every year, looking to BD associates to foster creation of new digital health solutions.
“We are very excited about this new approach to innovation, and this collaboration with Singularity University further strengthens BD's long-standing commitment to ensure new medical technology solutions can reach every patient around the world who needs them most," Ellen Strahlman, BD’s EVP research and development and chief medical officer, said. “Through our shared commitment with Singularity University to leverage the power of exponential technologies to address humanity's grand challenges, together we have a unique and powerful opportunity to design and develop a new era of healthcare solutions.”
BD said that it would hire an entrepreneur-in-residence who will work with the entrepreneurial community in Silicon Valley at SU’s campus and leverage SU’s partnerships, tools and methods to find, incubate and accelerate solutions that combine medical technology with information technology.
"As we aim to fight large scale, global problems here at Singularity University, we realize the importance of providing the entrepreneurs and companies at the forefront of these issues with a unique kind of international community," said Rob Nail, CEO and associate founder, Singularity University. "By combining a deep understanding of powerful tools like artificial intelligence, computing, genomics, robotics and design thinking, with deep innovation expertise and connections to corporations, governments, academia, nonprofits and investors, we provide partners such as BD an opportunity to do things differently, innovating like a startup outside of their own company's walls to create transformative new business opportunities."