Colorado will be affected by U.S. medical innovation policy
- gpuckrein
- Jul 10
- 1 min read
By: Candace DeMatteis, JD MPH, Policy Director, We Work For Health
Smart policymaking and American ingenuity have combined to create an innovation infrastructure that, for several decades, has enabled the United States to lead the world in medical advances. Federal financial support has helped propel new scientific discoveries and engage faculty and students with STEM opportunities at colleges and universities across Colorado. In turn, those universities retain the intellectual property rights to those inventions and commercialize them for the good of society.
It’s a system that has worked well throughout the country, and particularly in Colorado, to bring new medicines, medical devices and diagnostics to millions of Americans. A new study by a respected think-tank, the Information Technology & Innovation Foundation (ITIF), has enabled us to see the full effect of the partnership between government, academia and commercial interests in Colorado. The question remains whether we can keep this successful framework intact.