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# NIH Funds Biomed Tech Hubs
- URL: https://www.fdaweb.com/nih-funds-biomed-tech-hubs/
- Published: 2019-10-02T12:00:00.000Z
- Updated: 2026-09-15T01:53:47.000Z
- Author: David McFarland
- Tags: Drugs, #legacy-id-D5145153

The National Institutes of Health (NIH) has awarded $29 million to fund five additional hubs to speed the translation of biomedical discoveries into commercially viable diagnostics, devices, therapeutics, and tools to improve patient care and enhance health. The newly selected Research Evaluation and Commercialization Hubs expand a national network of proof-of-concept centers that link 34 academic institutions developing best practices to translate biomedical innovations into public benefit. The NIH says each hub has also secured non-federal matching funds and developed partnerships with regional life science and economic development organizations to enhance the scope and impact of the NIH investment.