Mayo Clinic Ventures Partners with Wearable Medtech, Recovery Force

The Mayo Clinic’s venture capital and commercialization arm has established a relationship with an Indiana-based wearable medtech startup seeking to revolutionize how compression is used to prevent deadly blood clots.
 
Recovery Force LLC of Fishers, Indiana revealed last week it had set up a collaboration with the Rochester institution to be “managed” by Mayo Clinic Ventures. The Mayo division is in charge of commercializing clinic-developed research as well as making equity investments in companies deemed promising for improving patient care.
 
The announcement didn’t specify if a venture capital investment was part of the new collaboration. However, it did outline how under the agreement Recovery Force and Mayo will work together to develop new products using the company’s patented, shape-changing technology which is embedded into discrete, wearable garments and used to exert compression on the legs to prevent clots and deep-vein thrombosis.