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For Immediate Release
Roswell Park Cancer Institute and SUNY at Buffalo Retain KMKC to Develop a Center for Advanced Technology (CAT) at Buffalo
Cincinnati, November 13, 2000- KMK Consulting Company's Technology Initiatives Solution Group today announced its ongoing relationship with Roswell Park Cancer Institute and State University of New York at Buffalo in the creation of a Center for Advanced Biomedical/Biomedical Engineering Technologies in Buffalo. KMKC is in the second phase of its engagement with RPCI and UB where it will identify target markets and New York state corporations with the potential to develop relationships resulting in a pipeline of additional projects and technical assistance contracts.
Both RPCI and UB have been active in sponsoring and conducting various initiatives focused on creating and growing a bio-medical cluster in the Buffalo-Niagara region. One such initiative is the development of a joint program in biomedical technology and technology transfer that would lead to jobs creation through the establishment of new, bio-tech start-ups, or expansion of existing businesses through new or improved product lines. This joint program will be modeled after New York State's "Center for Advanced Technology" (CAT) Program. Preliminary research has been conducted to identify "best practices" for a biomedical technology transfer and business development center. Additionally, RPCI and UB will initially receive in excess of $1 Million legislative appropriation to be disbursed as seed funds for the most promising discoveries and inventions emerging from the respective institutions' biomedical research programs. KMKC, in the third phase of its engagement will provide the scientific review and analysis for an initial group of technologies whereby KMKC's recommendations will be used to allocate this seed funding to those most qualified.
"All of us at KMK are very pleased to be partnering with the State of New York and such esteemed institutions as Roswell Park and the University at Buffalo. We have assembled an outstanding team led by Steve Scherer and we are excited to be bringing the Buffalo Niagara region into the forefront of competitive commercial transfer in the biomedical engineering cluster," said Jim McGraw, Managing Director of KMK Consulting. "This initiative is a critical element of the overall regional economic development business plan being implemented by the Buffalo Niagara Enterprise," added McGraw.
About KMK Consulting
KMK Consulting provides specialized business consulting services, primarily to corporate, entrepreneurial, not-for-profit, community and executive clients. KMKC specializes in advisory services in connection with company restructuring; business formation; acquisitions; strategic issue analysis; strategic planning; leadership development; economic development; government affairs; marketing strategies; business alliances and public/private partnerships. Collectively, the KMKC team has expertise with all types and sizes of corporations including experience serving on boards of directors of a variety of enterprises from family businesses to publicly held global companies. Learn more on the Internet at www.kmkconsulting.com
About RPCI
RPCI is the nation's first cancer research, treatment and education center and the third largest in the country. It was recently ranked as one of the top-ten cancer hospitals in the country by US News and World Report's Guide to Hospitals and is one of only 34 Comprehensive Cancer Centers in the United States designated by the National Cancer Institute. RPCI has 2,100 staff members plus 500 pre- and post-doctoral trainees at work on campus. Although Roswell Park only treats cancer and cancer-related illnesses, its urology, gynecology and AIDS programs were acknowledged as among the nation's best. Learn more on the Internet at www.roswellpark.org.
About SUNY at Buffalo
The University at Buffalo is New York's premier public center for graduate and professional education and the state's largest and most comprehensive public university. As the only public member in New York and New England of the Association of American Universities, UB stands in the first rank among the nation's research-intensive public universities. Among its more prominent organized research centers are the National Center for Earthquake Engineering Research; the Center for Assistive Technology, which is the site of a national rehabilitation engineering center for the disabled; and the Center for Advanced Molecular Biology and Immunology. Altogether, the university supports cross-disciplinary research in more than forty research centers and institutes. Learn more on the Internet at www.buffalo.edu
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