“Our vision was to create this super-ecosystem for medical innovation,” said Dr. Aaron Ali, an anesthesiologist who co-founded MedtoMarket eight years ago. Ali also serves as CEO of MedtoMarket.
According to Ali, MedtoMarket’s new location is the first privately-owned facility of its kind. When designing the facility, Ali said the MedtoMarket team drew inspiration from the workspaces of tech companies like Google. He said he envisioned the facility as a place where medical professionals that are typically “siloed” into different spheres of the healthcare industry—hospitals and universities, for example—could have natural interactions that would spark ideas and collaboration.
“The biggest thing is having this open platform where anybody can come into our facility and use it, and be able to work on different products, procedures and techniques together,” Ali said. “We don’t care if you’re A&M or UT, Seton or St. David. Come and use the facility.”
The M2M Labs facility includes research and development labs, a lecture hall and theatre where viewers can see through to a 20-station training and bioskills lab facility.
Organizations who have used the facility so far include Travis County EMS, which has hosted training seminars at M2M Labs. In addition to hosting established companies and organizations, Ali said MedtoMarket aims to provide space for startups in the life sciences, where they can both test new products and receive entrepreneurial mentorship through the co-working wing.
The co-working sector of MedtoMarket includes both reserved offices for individuals and companies and “hot desks,” work stations in open areas that are available to any M2M Element member.
MedtoMarket is located at 2101 E. St. Elmo Road, Bldg. 1, Ste. 100, Austin. 512-900-9633. www.medtomarket.com