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The ASCEND Accelerator Hub, ASCEND, is currently seeking proposals to support the advancement of new biomedical innovations with significant potential to improve quality of life and save lives. The successful proposal will place emphasis on biomedical innovations that have a straightforward and rapid path to commercialization.

ASCEND Hub will hold its inaugural Biomedical Pitch competition on June 26 at the Virtici offices in Seattle, Wash. The external Advisory Committee will judge the pitches and provide feedback to the entrepreneurs. 

Virtici, LLC announced today that it has received a three-year, $3.5 million award from the National Institutes of Health (NIH) to support an Institutional Development Award (IDeA) Center of Biomedical Research Excellence. Virtici has been selected to create and operate a Regional Technology Transfer Accelerator Hub in the Western region (the ASCEND Accelerator Hub: NM, AK, ID, HI, MT, NV and WY).