According to a recent news release, the Collaborative Spine Research Foundation (Collaborative Spine) announced that it has received a 3-year grant to fund cross-disciplinary spinal research. The $7 million grant yields from Medtronic’s Spine business. The release also notes that the final amount of the grant will hinge on Collaborative Spine’s ability to engage additional industry support for its research agenda. The funding will reportedly be used to fund award competitive, multi-year grants for independent, investigator-driven clinical spine research studies.
Doug King, senior vice president, president of the Spine business at Medtronic, notes that, “Clinical research in spine care is vital to our ability to advance patient care and improve access to needed technologies and therapies. … Collective Spine is uniquely positioned at the intersection of orthopedic and neurosurgical spinal care. All professional societies affiliated with spine care will have the opportunity to benefit from this research grant,” King says.
James Heckman, MD, chair of Collaborative Spine, echoes King’s sentiment and adds that the organization looks “forward to other corporations and funding agencies joining this effort. Together, we can broaden the reach of our research agenda and ultimately improve patients’ lives.”
The release reports that thanks to the grant, February 11, Collaborative Spine made a funding opportunity announcement of its intent to provide up to $10 million for original research projects that address its research agenda. The release also states that grants will be made for projects of 1 to 3 years in duration, at an amount up to $300,000 per year.
[Source: Collaborative Spine]