NAVIGATION

December 5, 2016

Technology Transfer

University Spin Game

Success is rare and slow for spinoff companies, but the potential rewards -- visibility and income - keep schools playing.

Barbara Miracle | 3/1/2008

Camillo Ricordi
Technologies: LifeGate’s medical alert system communicates the need for emergency care in real time. Jotmate will provide software and hardware for electronic documentation of laboratory notes. Shown in photo: Camillo Ricordi. [Photo: UM]
LifeGate
San Francisco (UM)

Jotmate
Miami (UM)

Camillo Ricordi, distinguished professor of medicine and professor of surgery, biomedical engineering, microbiology and immunology at the University of Miami

Stephen Sanders, CEO

Steven Sikes, president

Spun off: 2007

Sales: LifeGate prototype will be completed in late spring; revenue is expected later this year.

Market: Medical professionals and people with chronic diseases

While Camillo Ricordi is best known as one of the world’s leading scientists in cell transplantation, he is also an entrepreneur. In 2007, with the support of the University of Miami Miller School of Medicine’s new vice provost for technology advancement, Bart Chernow, Ricordi and his partners launched LifeGate and Jotmate.

A separate company, Converge, has developed a device that limits cell therapies to certain areas of the body so that anti-rejection therapies don’t affect healthy parts of the body.

Ricordi’s idea for LifeGate came as he saw diabetics dying because in a severe hypoglycemic event they can lose consciousness within 10 seconds. Continuous glucose monitors can be linked to the LifeGate alert device, which provides a wireless signal to emergency professionals. “Time can save lives,” says Ricordi.

Tags: Around Florida, Education

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single digital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Over 2 Million Containers, 2,000 Routes
Over 2 Million Containers, 2,000 Routes

See how GE Transportation and the Industrial Internet power CSX Transportation's intermodal business, delivering over 2 million containers across 2,000 routes every year.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

With crude facing its largest weekly rally since '09, are you worried about gas prices this holiday season?

  • Not at all!
  • Maybe... a bit...
  • Yes! The Grinch is nigh!

See Results

Ballot Box
Subscribe