SHAPING ARMY ACQUISITION


WIDE REACH, BIG PAYOFF


USAMRDC’s new partnership works to find and fund future technology.


by Ramin A. Khalili F


or Corey Ritter, it’s almost like a homecoming of sorts—a chance to fuse the past and present. Sitting in his office in northwest Chicago, in a building just a few miles west of Lake Michigan, Ritter can not only see what the future of mili- tary medicine looks like—he is, in fact, one of a select group of people helping to


directly shape that future via a new initiative to partner federal agencies with cutting-edge private companies.


“I was an Army brat as a kid and then, later, an infantry officer for eight years,” said Ritter, a veteran who was deployed twice between 2010 and 2013, before transitioning to the private sector in 2016. “In Afghanistan I saw, in action, the health care technologies that were saving lives.” Tat experience is now playing a major role in the future of the U.S. Army Medi- cal Research and Development Command (USAMRDC)—an entity that serves as the Army's medical materiel developer and, also, further maintains responsibility for medical research, development and acquisition. As an associate with ARCH Venture Partners—a global venture capital firm that both creates and provides investments for new companies focused on physical and life-sciences research—Ritter and the larger ARCH team are spear- heading a new internal program dedicated to spotting ascendant scientific technologies for the firm’s corporate partners. As a result of that effort, USAMRDC is now partnering with ARCH to identify new and potentially game-changing medical devices and treatments for U.S. warfighters. For USAMRDC, it’s the first-ever foray into such a pairing; and as such holds substantial—and as yet untapped—potential.


“We’re looking for breakthrough innovations, and we’re trying to create category-leading companies,” said Ritter, noting that ARCH’s myriad funding efforts—worth $4.5 billion total—have helped start more than 250 companies since the firm’s inception 35 years ago.


https://asc.ar my.mil


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