An agency within the National Institutes of Health (NIH) tabbed Massachusetts as the host of its Investor Catalyst Hub.
The federal Advanced Research Projects Agency for Health (ARPA-H) selected Massachusetts as the hub. It supports ARPA-H’s mission to foster collaboration among researchers, entrepreneurs and investors. The agency aims to accelerate innovative ideas that transform healthcare.
In a press briefing, ARPA-H Director Dr. Renee Wegrzyn announced the selection of Massachusetts. This formally launched ARPANET-H, a nationwide health innovation network comprised of three hubs across the U.S. ARPA-H chose Hadley, Massachusetts-based VentureWell to run and manage the Massachusetts-based hub. It will focus on helping the agency navigate the business and regulatory landscape and provide resources to bring ideas to market.
“This is a huge win for Massachusetts and an opportunity to bring economic development while strengthening our role as a nati…