Verinovum, a Tulsa-based company, is tackling the challenge of interoperability across the health care industry, providing a solution that accepts diverse and comprehensive data, providing a portal into a patient’s entire medical record from a single point of care.
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Curcumin is the most active ingredient in a plant called Turmeric, which grows wild in Asian countries and is ground into a powder and used as a spice in cooking. Curcumin has been shown to provide potent antioxidant and anti-inflammatory benefits to humans. Decades ago, scientists began to notice that the folks who had a lot of Tumeric in their diet showed lower rates of Alzheimer’s disease, and prostate and pancreatic cancers.
For more than three decades, Stanton Young was the guiding force in creating a medical hospital and research district east of downtown, protecting it from encroachment by any businesses or development not related to the core mission. Young’s approach worked, and a cluster of hospitals, bio-tech firms, and the University of Oklahoma’s medical schools have emerged along Lincoln Boulevard between NE 4 and NE 13 that is now home to a workforce totaling more than 17,000. Add thousands of patients and visitors into the mix and we have the equivalent of a major university campus adjoining downtown.
For the sake of Oklahoma’s energy sector, let’s hope the New Year brings a bump in oil and gas prices. But even if that doesn’t happen, there are still plenty of economic silver linings to be found in the state.
Oklahoma City has hit its share of biotech home runs.
Alexion, the biotech giant with a market capitalization of almost $40 billion, grew out of discoveries made at the Oklahoma Medical Research Foundation. Likewise, work at the University of Oklahoma Health Sciences Center gave birth to Novazyme Pharmaceuticals, which Genzyme purchased for more than $200 million in 2001. And Myriad Genetics acquired OMRF spin-off Crescendo Biosciences in 2014 for $270 million.
There’s a grassroots trend afoot in entrepreneurship that’s really gaining steam. I’m going to call it the Power of Place. That’s why the vision of Oklahoma City as an innovation district is so exciting. “The idea is that metropolitan areas across the world are becoming the places where economies are being built,” said Roy Williams, president and CEO of the Oklahoma City Chamber.
