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Institute for Pediatric Innovation expands consortium

By Bernie Monegain

The Institute for Pediatric Innovation (IPI), a nonprofit focused on transforming unmet needs for pediatric care into product opportunities for industry, has expanded its consortium of pediatric hospitals.

The Children's Hospital, Denver, and Children's Hospital of Wisconsin in Milwaukee, recently became members of the consortium, joining three founding members: University Hospitals Rainbow Babies and Children's Hospital, Lucile Packard Children's Hospital at Stanford in Palo Alto, Calif. and Children's Mercy Hospitals and Clinics in Kansas City, Mo.

IPI seeks to transform pediatric healthcare from a neglected orphaned market to a magnet for industry and investor interest, according to the organization's leaders. IPI's Consortium of Pediatric Hospitals is helping to identify the medical products and technology that are most needed to improve the care of children. Clinicians from the consortium hospitals help to identify issues, set priorities, and specify and test products.

"Since the formation of our consortium in 2007, we've made significant strides in defining urgent needs for drugs and devices for clinical care of children, and initiating development of these products," said Donald Lombardi, CEO of IPI. "We are pleased to expand the consortium with these prestigious pediatric hospitals, which provide invaluable data about the real-world medical needs of children and contribute to our enormous base of resources for pediatric innovation."

"We are always evaluating new methods and partnerships to advance the frontiers of pediatric care," said Jim Shmerling, president and CEO, The Children's Hospital, Denver. "We believe that our work with IPI will play a significant role in our efforts to deliver the highest quality, most advanced care for children."

"We know that children are not just little adults - and that their medical treatment is unique," said Cinthia Christensen, a nurse and lawyer who serves as executive vice president, Children's Hospital of Wisconsin. "The IPI consortium brings together top experts in pediatrics to facilitate advances in care that will benefit all children."