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Venture Capital Investments by Academic Medical Centers in Health Care Companies

JAMA Internal Medicine 10.1001/jamainternmed.2025.5480

November 03, 2025 at 11:00 AM EST

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This cross-sectional study investigates how US academic medical centers used their own venture capital funds to invest in early-stage health care companies from 2014 to 2024.

Corresponding Author: Joshua D. Wallach, PhD, MS, Department of Epidemiology, Rollins School of Public Health, Emory University, 1518 Clifton Rd, Room 3033, Atlanta, GA 30322 (joshua.wallach@emory.edu).

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