Richard M. Fairbanks Foundation grants BioCrossroads funding to advance collaborative and educational life sciences initiatives

2021-04-05T16:47:42-04:00October 29, 2020|

INDIANAPOLIS (Oct. 29, 2020) --  BioCrossroads announced today that the Richard M. Fairbanks Foundation has made a grant of $1.35 million to the organization to continue to advance the strength and opportunities of several collaborative and educational initiatives within Indiana’s life sciences sector. The Fairbanks Foundation is an Indianapolis-based, independent, private foundation focused on the education, health and the vitality of the Indianapolis community. “The life sciences sector is a key driver of Indiana’s economy, accounting for 20% of the state’s GDP. BioCrossroads plays a critical role helping to create an environment in which this sector can flourish,” said Claire Fiddian-Green, president and CEO of the Richard M. Fairbanks Foundation. “We are pleased to provide continued support for the organization and its key initiatives.” The two-year grant enables BioCrossroads to continue to advance Indiana’s vitality in the life sciences via [...]

BioCrossroads publishes directory of Indiana health and life sciences data organizations

2021-04-05T16:47:43-04:00July 7, 2020|

INDIANAPOLIS (July 7, 2020) – Indiana’s industry, government, health systems, academia, and digital health startups have tremendous data and technology resources which are driving transformative healthcare and life sciences work locally and globally. To capture all of those assets in a one-stop spot, BioCrossroads today published its Book of Data and Organizations, a directory of Indiana enterprises in the health-data intersection. The directory includes snapshots of ten organizations who control data assets – data sets, data talent, and/or data technology. The organization profiles answer: Who has what data? How can this data be accessed? Where does the data analysis talent reside? What data technologies and capabilities exist? What are the key projects currently in process? What are the future projects and opportunities for engagement? “Indiana has valuable and innovative life sciences and healthcare data initiatives and organizations that we’re highlighting through this [...]

Indiana’s life sciences industry ranks among the top 10 in national report

2021-04-05T16:47:43-04:00June 9, 2020|

INDIANAPOLIS (June 9, 2020) – Seven Indiana cities are recognized for their national life science strengths, according to Biotechnology Industry Organization (BIO) and TEConomy Partners’ biennial survey of the U.S. life sciences industry released today. Bloomington, Evansville, Indianapolis, Lafayette, Michigan City, South Bend and Terre Haute are identified in the report as having significant life sciences activity. Lafayette is one of only seven cities in the U.S to have employment specializations in four of the five industry subsectors. Bloomington and Indianapolis have employment specializations in three of the five industry subsectors (two of only 23 cities in the U.S. with that distinction). The report, The Bioscience Economy: Propelling Life-Saving Treatments, Supporting State & Local Communities, measures growth in the bioscience sector (Agricultural Feedstock and Chemicals, Drugs and Pharmaceuticals, Medical Devices and Research, Testing and Medical Laboratories and Bioscience-related Distribution) from [...]

BioCrossroads launches 2019 Annual Report

2021-04-05T16:47:43-04:00April 14, 2020|

Indiana’s life sciences industry keeps evolving, expanding and making new discoveries. The 2019 BioCrossroads Annual Report outlines how companies made acquisitions and invested in their local operations; new organizations opened facilities in Indiana, bringing innovation and hundreds of new jobs to the landscape; and start-ups received venture funding to move their products forward. The result is a vibrant and growing Indiana life sciences sector that is 2,157 companies and 56,575 people strong. [READ MORE]

BioCrossroads is supported by a $2.9 million grant from Lilly Endowment to advance the growth and awareness of life sciences in Indiana through 2021

2021-04-05T16:47:43-04:00March 4, 2020|

INDIANAPOLIS (March 4, 2020) – BioCrossroads has announced a two-year, $2.9 million grant from Lilly Endowment Inc. to the Central Indiana Corporate Partnership Foundation for the continued support of the charitable, educational and scientific activities of BioCrossroads. BioCrossroads, an initiative of the Central Indiana Corporate Partnership, promotes the growth and development of life sciences in Indiana. Since its founding in 2002, it has supported strategies to strengthen Indiana’s existing corporate and university capabilities in the life sciences and has expanded opportunities in the sector by encouraging new business development. “The accelerated pace of science and technology is quickly changing the life sciences ecosystem in Indiana and across the globe,” said Patty Martin, president and CEO of BioCrossroads. “It’s critical for BioCrossroads to continue increasing our capacity for progress in this space through connecting collaborators, investing in innovative companies and educating Hoosiers about [...]

BioCrossroads releases new report on advanced analytics and artificial intelligence focused on Indiana’s industry needs and university capabilities

2021-04-05T16:47:43-04:00January 16, 2020|

INDIANAPOLIS (Jan. 16, 2020) – BioCrossroads today released a new report from TEConomy Partners titled Artificial Intelligence and Advanced Analytics in Indiana:  An Initial Discussion of Industry Needs and University Capabilities. TEConomy conducted a series of interviews with major employers in Indiana along with leadership at Indiana University (IU), Purdue University (Purdue) and the University of Notre Dame (Notre Dame) to generate their findings, perspectives and recommendations.  The study finds that technological change is affecting our economy at an unprecedented pace and is driving significant investments by Indiana’s industry partners and research universities to ensure that they stay ahead of the curve.  However, there is limited coordination between industry and academia leaving missed opportunities to leverage investment, recruit and retain talent, and drive economic growth for the state. “Given the speed of change in the advanced analytics space, we wanted [...]

Data and healthcare executive Darshan Shah joins BioCrossroads as Senior Vice President / Chief Data Officer

2021-04-05T16:47:43-04:00January 6, 2020|

Darshan Shah, senior vice president and chief data officer, BioCrossroads INDIANAPOLIS (Jan. 6, 2020) – BioCrossroads announces that accomplished data and healthcare leader Darshan Shah has joined the organization as senior vice president/chief data officer. Shah brings the organization two decades of proven success in strategically guiding healthcare and life sciences organizations in a variety of functions including operations, finance, quality, engineering and sales. He joins BioCrossroads after serving as chief data officer for the State of Indiana and executive director of the Management and Performance Hub (MPH). As a result of his vision and leadership, MPH is a national leader in transforming state government through the use of data and analytics. “The life sciences sector is driven by data and analytics. Darshan has a deep understanding and passion for finding data-informed solutions that will be invaluable to [...]

IIB Perspectives: Life Sciences Sector Toasts a Successful 2019

2021-01-12T16:51:37-05:00December 19, 2019|

Inside INdiana Business Perspectives by Patty Martin, president and CEO, BioCrossroads For us, 2019 has been filled with remarkable cross-organizational innovation, an inspiring 16th Annual Life Sciences Summit, and the launch of three exciting initiatives--the INscience news app, the DataX Bio-Innovation Challenge and the AXIS Mentoring program. In addition, we continue to fuel the life sciences entrepreneurial ecosystem as our Indiana Seed Fund III has made investments in six startup companies, including Lumavate, Sabanto, Brickell Biotech and Sexton Biotechnologies, bringing the total to eight since its inception. [READ MORE] (Sources: Inside INdiana Business, BioCrossroads)

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