Wake Forest Baptist Medical Center Launches Wake Forest Innovations

Wake Forest Baptist Medical Center has created a new operating division to translate its academic and clinical research and discoveries into marketable products and services that will benefit patients. The new enterprise, Wake Forest Innovations, is being led by Chief Innovation Officer Eric Tomlinson, DSc, and Ph.D., who is also President of the Piedmont Triad Research Park.

The new division provides the institution with several new services:

Product Innovation & Commercialization Services is responsible for supporting the creation of innovative technology and products and commercializing these through licensing to existing and startup companies.

Scientific Business Services is a newly-formed business support group that helps to structure, promote and contract our research assets to external partners.

Park Development Services is focused on the growth of the Piedmont Triad Research Park –home for 10 Wake Forest Baptist departments and 30 companies – as a vibrant, knowledge-based community.  More.

PTRP innovation among top priorities for Eric Tomlinson

People may know Eric Tomlinson as the president named this summer to head the Piedmont Triad Research Park, but for him, it’s his second title — chief innovation officer for Wake Forest Baptist Medical Center — that’s most important.

“When I was approached for the job, it was president of PTRP, and oh, by the way, chief innovation officer of Wake Forest Baptist Medical Center,” Tomlinson said. “But actually the job is chief innovation officer, of which part is to develop the park.”

That change speaks to a shift in focus for the research park, which includes 145 developable acres next to the heart of downtown. The park is expected to support more than 6 million square feet of building space as it’s built out.

Earlier this year saw the opening of Wake Forest Biotech Place, followed by the announcement that Winston-Salem-based Inmar will relocate its 900 workers to the park. Employment in the park is expected to approach 2,000 by the end of 2013, with hundreds of thousands of renovated square feet coming online.  Read more.

Piedmont Triad Research Park president shares vision

Eric Tomlinson became president of Piedmont Triad Research Park on July 2. A scientist and biopharmaceutical expert, he has assumed the role of guiding the park through its most pivotal growth spurt since its founding in the late 1990s. The park is considered by many to be the leading new-economy engine for the region.

Tomlinson presented a personal introduction, an infrastructure update and his vision for the park during a presentation Tuesday at Wake Forest BioTech Place.

The park's workforce will expand from about 850 now to more than 2,100. It will go from 400,000 square feet of space to 1 million and double in investment from its current $175 million to $350 million.

Tomlinson spoke of having more people living, working and playing in the area, projecting a fifth housing loft development and 130 more downtown residents adjacent to the park's boundaries. By spring 2014, significant work is expected to be completed on the Bailey Green Park and the 26-mile "rails-to-trails" greenway.  Read more.