• About
  • Contact
  • Testimonials
  • Newsletter
  • More
    • Demographics & Advertising Rates
    • Terms & Conditions
Monday, March 27, 2023
No Result
View All Result
California Business Journal
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Opinion
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness
California Business Journal
brain

CALIFORNIA TO LAND WORLD’S FIRST BIOTECH PARK FOR BRAIN MAPPING TECHNOLOGY

The Society for Brain Mapping & Therapeutics (SBMT) and Brain Mapping Foundation (BMF) are pushing for major legislation both at the State and Federal levels to stimulate the U.S. economy by unleashing the power of American innovation.

by Susan Belknapp, Senior Writer, California Business Journal
A A
Share on FacebookShare on Twitter

An alliance between some of the world’s foremost physicians, scientists, engineers, associations, government and non-Governmental Agencies dedicated to rapid introduction of game-changing therapeutics and diagnostics for brain and spine disorders has been formed by the Brain Mapping Foundation (BMF) and the Society for Brain Mapping and Therapeutics (SBMT) over the last 16 years.

Los Angeles-based SBMT was founded by a neuroscientist Dr. Babak Kateb, chairman and CEO, in 2004. The goal of the organization is to break down boundaries of science, technology, medicine, art and healthcare policy by uniting a multi-disciplinary network of neuroscientists, neurologists, neurosurgeons, engineers, radiologists, oncologists, psychiatrists, psychologists, spine surgeons, venture capital and angel investors.

Partnerships with NASA, Johnson Space Center’s Mars Mission and Human Research Project, National Labs, DOD, Department of the Veterans Affair and investment have resulted into a better data sharing, collaboration and creating an ecosystem, which could cultivate pioneering ideas to lifesaving therapeutics as a new startup in the U.S.  “This is truly a paradigm shift in the research and treatment for patients with brain and spine disorders,” Dr. Kateb says.

Dr. Babak Kateb (Left), Dr. Jeffery Wang (Center) and Dr. Vicky Yamamoto (Right)
Dr. Babak Kateb (Left), Dr. Jeffery Wang (Center) and Dr. Vicky Yamamoto (Right)

“The society has been advocating for pioneering policies such as President Obama’s BRAIN Initiative, Neuroscience-20 of the G20 summit and now Brain Technology and Innovation Park (BTIP), which could turn all VA hospitals and their affiliate Universities across the U.S. to centers for neurotech innovation,” he adds.

SBMT is developing treatments and cross-pollinating ideas through the membership of scientists, physicists, physicians, neurosurgeons, radiologists, neurologists and spine surgeons.

Benefits of shared information

Most initiatives and partnerships fail due to lack of data sharing on-time and efficiently.

The National Institute of Health particularly doesn’t incentivize such activities because its grant system puts scientists against each other to compete for grants while diseases killing patients.

SBMT and BMF have tried to change that by facilitating global partnership, creating a unified front for brain and spine innovation and encouraging scientists to share reliable data on time with each other.

“I have been so impressed with the way the society breaks down silos,” says Dr. Jeffery Wang, 16th President of SBMT, professor of orthopedic surgery and Co-Director of Spine Institute at USC-Keck School of Medicine. “I’m a spine surgeon but much of the technology used in brain mapping can be used in the spine and vice-versa. I’ve done spine research for years and my colleagues have done neurological or brain-disorder research but this collaborative approach has helped me start thinking in a completely different way by taking applications from other disciplines and apply it to our relevant field with open collaboration.”

ADVERTISEMENT
Roundtable discussion with Assemblyman Cooley at the Califirnia State Assembly Hearing on August 7th 2018 (Brain Mapping Day).
Roundtable discussion with Assemblyman Cooley at the California State Assembly Hearing on August 7th 2018 (Brain Mapping Day).

What are some of the technologies developed by innovators such as NASA?

“Space exploration requires miniaturization of technologies because you cannot send large cargoes to the space,” Dr. Kateb says. “Also, you don’t want to contaminate the space so all space ships are sterile and use noninvasive technology to understand and explore galaxies and plants. In neurosurgery all of the above applies. We have used infrared thermography and ultraviolet or photonic imaging, which is used to detect supernovas to detect brain cancer and abnormalities intra-operatively.”

“We are now working with other federal labs to develop a new generation of biomaterials for the spine and using Artificial intelligence (AI) and Predictive Modeling to understand the patterns of disease progress and drug effect.”

SBMT is “laser focused” on fast tracking the innovation and translation of such technologies into medicine and help with integration and commercialization the innovation by engaging the investment bankers.  This enables the organization to introduce new products to market and create many neuro-techs across the U.S. while addressing the neurological disorders.

The path from concept to commercialization

Dr. Vicky Yamamoto, a cancer scientist at Keck School of Medicine of USC in the department of otolaryngology/head and neck surgery, explains how the standard path starts with a clinical trial and from that, papers and grants are written and sent off to commercial entities.

“My group is in the process of submitting a grant for treating glioblastoma (GBM) brain tumors, which is one of the most malignant cancer tumors overall,” Dr. Yamamoto says. “We have gathered a team of scientists and clinicians, including nuclear radiation oncologists and radiologists. The beauty about this society is that we can have researchers and technicians from different backgrounds to collaborate and develop treatments.”

In addition to raising money through the foundation and fostering collaboration through the society, SBMT is also influencing policy. It has played an integral role in the Brain Research Advancing Innovative Neuro-technologies or BRAIN Initiative and Neuroscience-20 of the G20 summit.

“We promote global policy in neuroscience because it is a powerful way to effect major changes on a socioeconomics level,” Dr. Kateb says.

The importance of the Brain Technology and Innovation Park — and its impact on the California and the U.S. economy – was discussed by Drs. Michael Lekawa (UCI), Uttam Sinha (USC), Shri Narayanan (USC), Warren Boling (LLU), Dr. Yamamoto, Venkatraman Sadanand (LLU/SBMT), Arron Filler (Neurography Institute/SBMT) and Daniel Sipple (SBMT) at the Brain Mapping Day at the California Assembly on August 7th 2018, thanks to the visionary leadership of Assemblyman Ken Cooley. The initiative will bring together scientists and technologies from NASA and other past collaborators such as the Lawrence Livermore National Lab and bring it to clinical practice.

Dr. Kateb and his delegation educated the State Assembly about the importance of spending the funding for the Brain Technology Innovation Park, which will help further the results already being achieved by the SBMT. It will also help reduce the cost of healthcare when treatments are brought to market while increasing biotech jobs in California, he says.

Cost of Disease Burdens?

The SBMT’s created the NeuroScience-20 as a part of the G20 summit because the cause of the neuro-psychiatric disorders to the world economy will be close to $16 trillion dollars. In 2010, the mental disorders costs to the U.S. economy was estimated near 2.5 trillion dollars.

“Investment in innovation will enable us to curb such monumental costs, which is magnified if we include spine disorders costs in the overall healthcare costs,” Dr. Kateb says.

Different foundations have a way of rating the greatest disease burdens. The Bill and Melinda Gates Foundation contend that spine-related disorders are on the top of the list. Research shows that in the U.S., 25% of people within the working ages of 18 and 65 will become disabled in their lifetimes. This is particularly devastating because of those 25%, 70% will end up at the poverty level.

“Those are huge numbers. World leaders should be educated about such costs and can help minimize this result if they make investment in brain and spine innovation and technology a priority,” Dr. Wang says.

Another key initiative of SBMT is increasing the number of women and minorities in the scientific equation.

“At USC, we actively recruit females and minorities into our residency and science programs,” Dr. Wang says. “You must work at it or the numbers won’t move. We’ve seen it with other institutions – just opening up and ‘giving everyone a chance’ does not get the same results as active recruitment.”

Dr. Yamamoto agrees. Her department puts a high priority on outreach to students as young as high school age to empower them as they pursue careers in science and medicine.

“It is critical to engage women and minorities because this could bring a great diversity toward innovation and technology development and commercialization, which is ultimately will culminate into new therapeutics,” she says.

‘Brain and Spine Capital of the World’

California is the center of the world in biotech and device with Silicon Valley in the North and Orange County in the South, creating massive technological innovation and revenue on a worldwide scale.

The U.S. has all the scientific and academic components necessary to make the Brain Technology and Innovation Park (BTIP) “the Brain and Spine Capital of the World,” just as SBMT is proposing.

One of the first steps is making the Brain Technology Innovation Park a reality in Los Angeles, Dr. Kabek says.

To achieve these goals, “support of the private sector can be extremely beneficial but the state and federal government should put innovation and technology transfer on top of their agenda because this is where we can create millions of jobs locally, regionally and nationally and make sure the USA’s global economic health,” Dr. Kateb says.

SBMT and BMF are holding their 16th Annual World Congress at the LA Convention Center on March 15-17, 2019. The convention has 800 speakers and 12 keynotes including Nobel Laureate Eric Kandel, U.S. Army General James Murray, Assistant Secretary for Navy James Geurts, Director of LLNL William Goldstein, Deputy Director of Oak Ridge National Laboratory Paul Gilna, President of SBMT Jeff Wang, SBMT President Elect Saleem Abdulrauf, Chairman of Cellularity Bob Hariri, Stuart Hoffman from the VA Headquarters in D.C. and renowned Brain Health Endocrinologist Deepak Chopra.

The convention has a section on neurotech investment to support startups and will cover all neurological disorders.

Additionally, BMF has organized the First World Brian Expo in order to educate the public about the recent advances in neurological, spine and neuropsychiatric disorders. It is also holding its annual “The Oscars for Neuroscientists: Gathering for the Cure” black tie gala at the Intercontinental Hotel in Downtown LA on March 16th 2019 (6-8 pm cocktail/red-carpet and 9-11 pm the award banquet), recognizing pioneers in the field.

“Corporations can get involved by supporting all initiatives of the society and foundation, whether they are on the ballot or brought by legislation,” Dr. Kateb says. “Invest in the new products. Put priority on training employees about neuro-psychiatric disorders so they can be identified and treated.

“It all begins with support from legislators, corporations and the public. The collaborative efforts of the medical community are developing breakthroughs that can benefit everyone. With a greater involvement at all levels, we can help speed this progress.”

Copyright © 2019 California Business Journal. All Rights Reserved.

[Tags: Brain Mapping Technology, Spine Technology, Brain and Spine Innovation.]

 

 

Tags: 2018AIAmericanArtartificial intelligenceBillbiotechbrainBrain and Spine Capital of the WorldBRAIN Initiative and Neuroscience-20 of the G20 summit.Brain Mapping FoundationBrain Research Advancing Innovative Neuro-technologiesBusinessCaliforniaCalifornia Lands World’s First Biotech Park For Brain and Spine Innovation and TechnologycancerCEOclinical trialcommercialcommunityCountydatadevelopmentdiversityDr. Babak KatebDr. Jeffery Wangeconomyemployeesexplorefederal governmentFirstfundinggrantsGrouphealthhealthcareHearingHoffmaninformationinitiativesinnovationInstituteinvestmentinvestorsjobsKenLandLeadershipLosLos AngelesmakingmedicalmedicineNational Institute of Healthnetworkneuroscienceneurotech innovationOrangeOrange CountypowerprivateprofessorrevenuescienceSilicon ValleySociety for Brain Mapping & TherapeuticsStartupstartupsTechnological innovationtechnologytrainingtreatmentUSCVAValleyWarren
ADVERTISEMENT
Susan Belknapp, Senior Writer, California Business Journal

Susan Belknapp, Senior Writer, California Business Journal

Susan Belknapp is a Writer, Editor and Corporate Communications expert with 15 years of professional writing experience across a wide variety of disciplines, including monthly print and digital magazines, social media, marketing and brand development. A graduate of University of Southern California with a degree in Fine Arts and Filmic Writing, Susan was Editor of OC Metro Magazine, which became part of the Orange County Register. Susan is also the Founder of Chonubusu Toffee, an online/direct-sale English toffee company specializing in custom orders, events, personalized labeling and dangerously delicious product prepared with the finest ingredients.

Related Posts

World Ocean Summit Returns to Lisbon, Portugal February 27-March 1
World Ocean Summit Returns to Lisbon, Portugal February 27-March 1
Gail Waitkun
She Suffered 12 Concussions -- And Lived To Talk About It
How to Make Stretch Marks Less Noticeable
How to Make Stretch Marks Less Noticeable
Lowering high blood pressure
Breakthrough Technology for Lowering Blood Pressure
advertisement
ADVERTISEMENT

CBJ Newsletter

Facebook Twitter LinkedIn Instagram LinkedIn

Advertise With CBJ

Contact Rick@CalBizJournal.com

CBJ Rates and Demographics

Job Postings

CEO Wanted


Requirements: BS/BA + 2yrs of Business Managing Experience

Mail Resume: Grand Life, Inc. 14647 Northam St. La Mirada, CA 90638.

$114,754/year

ADVERTISEMENT
1REALTOUR-SAN DIEGO-WEB DESIGN
Facebook Twitter LinkedIn LinkedIn Instagram Youtube
C B J   LOGO  SVG-01
  • About
  • Contact California Business Journal
  • Testimonials
  • Demographics & Advertising Rates
  • Terms & Conditions

Categories

  • Art & Culture
  • Business
  • California Hotel Listings
  • Daily Updates
  • Editor's Choice
  • Education
  • Featured
  • Finance
  • Food & Dining
  • Health & Fitness
  • Human Interest
  • Insurance
  • Law
  • Lawyers
  • Marketing
  • Medical
  • News
  • Newsletter
  • Opinion
  • People
  • Popular
  • Real Estate
  • Social Media
  • Technology
  • Uncategorized

CBJ Partner Firebrand Media

Laguna Beach Independent Newspaper
 Laguna Beach City Guide
 Newport Beach Independent Newspaper
Newport Beach Country Club Magazine
  Montage Magazine
 Omni Escapes Hotel Magazine
 Bespoke Concierge New York
 Evans Hotels
 Laguna Beach Magazine
 On The Menu Laguna Beach
 Newport Beach Magazine
Coastal Real Estate Guide (NB,LB, CDM)
Monarch Beach Resort Magazine
 Pacific Coast Magazine (SoCal)
Sea Island Life Magazine
Salamander Hotel & Resorts Magazine
 View our entire portfolio

 

Most Viewed

  • Gavel, scales of justice and law books

    Lawsuit Basics: How Much Does It Cost to Sue Someone?

    0 shares
    Share 0 Tweet 0
  • Investigation: Can TriumphFX Take Your Money?

    0 shares
    Share 0 Tweet 0
  • The Impact of Covid: Racing to Buy Second Citizenships

    3 shares
    Share 0 Tweet 0
  • What to Do When an Online Casino Refuses to Pay Out Your Winnings

    0 shares
    Share 0 Tweet 0
  • The Truth About Temu: Where Is It From?

    0 shares
    Share 0 Tweet 0
  • Top 5 Flavors On Elf Bar BC5000 Review

    0 shares
    Share 0 Tweet 0
  • NFL Paychecks: How Do NFL Players Get Paid?

    0 shares
    Share 0 Tweet 0
  • Temu’s New Shipping Policy Is A Smashing Hit For Shoppers All Over the Country

    0 shares
    Share 0 Tweet 0
  • Five Reasons Why The Government Does Not Like Bitcoin

    0 shares
    Share 0 Tweet 0
  • How to Start a Telecommunication Business: A Step-By-Step Guide

    0 shares
    Share 0 Tweet 0

Latest Articles

4 Law Firm Tips that Help Grow Your Practice Even in Tough Times

4 Law Firm Tips that Help Grow Your Practice Even in Tough Times

Understanding Your Legal Options After a Truck Accident: 7 Tips to Know

Understanding Your Legal Options After a Truck Accident: 7 Tips to Know

Effective Ways to Make Money in Real Estate

Effective Ways to Make Money in Real Estate

Factors to Consider While Choosing the Right Online Casino Site

Factors to Consider While Choosing the Right Online Casino Site

Crypto Betting Security: How to Keep Your Cryptocurrencies Safe While Betting Online

Crypto Betting Security: How to Keep Your Cryptocurrencies Safe While Betting Online

Can You Trust Temu on Facebook and its Referral Games and Rewards?

Can You Trust Temu on Facebook and its Referral Games and Rewards?

Shoe Packing Isn’t as Easy as You Think on Moving Day

Shoe Packing Isn’t as Easy as You Think on Moving Day

How to Prepare Your Home for a Successful Sale

How to Prepare Your Home for a Successful Sale

Is It Possible to Track Facebook Messenger Secretly?

Is It Possible to Track Facebook Messenger Secretly?

How To Date Over 60 Successfully?

How To Date Over 60 Successfully?

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR

No Result
View All Result
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Opinion
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR