Cleveland Clinic and Canon today announced a strategic research partnership involving imaging and healthcare IT.
The two organizations expect to establish a comprehensive imaging research center. The center will potentially include shared workspace in an existing building in Cleveland’s Fairfax neighborhood, adjacent to Cleveland Clinic’s main campus, according to a news release.
A cross-institutional team of clinician-scientists, researchers and engineers will pioneer state-of-the-art imaging technologies. Their joint research projects will focus on cardiology, neurology and musculoskeletal medicine. Their research will have three major components: pre-clinical imaging, human imaging and image analysis.
“This unique collaboration leverages Cleveland Clinic’s expertise in biomedical research and clinical care with Canon’s global leadership in imaging innovation and precision manufacturing,” Cleveland Clinic CEO Dr. Tom Mihaljevic said in a news release. “By combining our strengths, we aim to create breakthroughs in imaging and work together to rapidly translate these innovations to improve patient care.”
Said Toshio Takiguchi, senior managing executive officer and head of the Medical Group at Canon: “This collaboration with Cleveland Clinic allows us to use our mutual strengths to enable a future that delivers on this promise.”
The imaging research center will be part of the Cleveland Innovation District, a more than $500 million public-private partnership that involves the state of Ohio and JobsOhio. Canon officials say the potential synergy with the Cleveland Innovation District was one factor that attracted Canon to launch its new Canon Healthcare USA subsidiary in Cleveland in February 2023.
With nearly $4 billion in annual revenue, Canon has the 31st largest medtech business in the world, according to our 2023 Medtech Big 100 report. Cleveland Clinic, meanwhile, is one of the most recognized health providers in the world.