Portal Innovations will target biomedical spinouts from across the Midwest under the direction of ex-UChicago innovation veteran John Flavin.
John Flavin, a former University of Chicago entrepreneurship and innovation executive, has formed a new seed-stage venture firm to back biomedical spinouts from US Midwest-based institutions.
Portal Innovations will focus on life sciences, medical technology and bioinformatics with the aim of growing the regional commercialisation ecosystem.
In addition, Portal expects to open a physical incubator in partnership with real estate developer Trammell Crow Company containing wet and dry lab space for local businesses.
Portal renews Flavin’s involvement…