Flaum Eye Starts Vision Care Research Company to Cut Risk

"The Flaum Eye Institute at the University of Rochester Medical Center has launched a new initiative to accelerate the development and commercialization of new technologies," according to the Rochester Business Journal. "Called the Excubator, the initiative builds on the region’s history of innovation in eye care, optics, software, and engineering to launch a new generation of technologies to treat diseases of the eye, officials said. The Excubator will be a private company jointly owned by URMC and private investors, and it is designed to reduce the steep risk normally associated with high-tech startups by placing these ideas in the hands of businesses with a proven record of developing new technologies." Read more.