BioCrossroads 2025 Annual Report: Indiana’s Life Sciences Ecosystem in 2025

2026-03-18T19:11:53-04:00March 18, 2026|

Advancing BioCrossroads' 10-Year Strategy INDIANAPOLIS (March 18, 2026)—BioCrossroads today released its 2025 Annual Report, highlighting another landmark year for Indiana’s life sciences ecosystem. The report highlights BioCrossroads’ efforts to support robust talent pipelines, unprecedented economic impact, and national recognition of Indiana’s leadership in life sciences. Indiana remained number one in the nation for life sciences and pharmaceutical exports. The report also highlights continued growth and momentum across the state’s life sciences and healthcare sectors: $102 billion total economic contribution from Indiana’s life sciences industry; 70,000 Hoosiers employed in life sciences across 3,312 establishments; $177,000 average annual wage in life sciences; 386,100 healthcare workers across Indiana; 36 venture capital deals totaling approximately $190 million invested in Indiana life sciences companies in 2025. “By crossing the $100 billion threshold of total economic contribution, Indiana’s life sciences sector has reached a remarkable [...]

CICP Launches Catalyst Scholars Fund to Drive Advanced Chemistry Innovation in Indiana

2026-03-05T09:52:48-05:00March 5, 2026|

Indianapolis (March 5, 2026) – The Central Indiana Corporate Partnership (CICP) has announced the launch of the Catalyst Scholars Fund, which marks the first phase of a broader Advanced Chemistry strategy for Indiana. The strategy involves a coordinated effort to position Indiana as the national leader in the development and deployment of technologies needed to reshore and secure critical supply chains for medicines, animal health products, and agricultural inputs, which is a national security priority. The Catalyst Scholars Fund is a five-year initiative to enable Indiana’s leading STEM higher education institutions, including its four R1 research institutions (Indiana University Bloomington, Indiana University Indianapolis, Purdue University and the University of Notre Dame) along with Rose-Hulman Institute of Technology to attract world-class research teams in Advanced Chemistry through strategic cluster and eminent scholar recruitment. The Fund will provide matching support for [...]

BioCrossroads launches online platform for life sciences startups

2026-01-22T15:32:56-05:00January 22, 2026|

This post was originally published by Inside Indiana Business. Click here to read the original article. INDIANAPOLIS - BioCrossroads has launched an online platform that aims to serve as “front door” for Indiana’s life sciences startup community. The BioCrossroads Startup Resource Hub is designed to provide startups and entrepreneurs with a wide variety of resources, including funding pathways, regulatory and clinical resources, and ecosystem connections in one place. CEO Vince Wong told Inside INdiana Business that while there has been a proliferation of entrepreneurial support organizations in the state’s life science sector, it has led to a fragmentation of resources available to startups, which can create barriers to growth. “We heard from the entrepreneurial community…and they gave us a message loud and clear that they would love a one-stop shop, a front door to really aggregate and bring together all those resources to [...]

BioCrossroads Launches Startup Hub, a New Centralized Platform for Indiana’s Life Sciences Startup Ecosystem

2026-02-18T16:28:45-05:00January 22, 2026|

INDIANAPOLIS [January 22, 2025] – BioCrossroads today officially launched the BioCrossroads Startup Hub, a new, comprehensive ecosystem platform designed to serve as a centralized front door for Indiana’s life sciences startup community. Built as a continually evolving resource, this online hub brings together funding pathways, mentorship, regulatory and clinical resources, startup visibility, and ecosystem connections in one place.  The platform targets a longstanding challenge within Indiana’s innovation economy: while the state is home to one of the strongest life sciences ecosystems in the country, the resources that support startups have historically been fragmented across many organizations and websites. That fragmentation can slow momentum for founders, limit visibility for investors, and create unnecessary barriers to growth.  The BioCrossroads Startup Hub is designed for the multiple stakeholders critical to a thriving startup ecosystem— researchers and innovators exploring commercialization; investors seeking Indiana-based life [...]

Crossroads Health Ventures Announces First Fund with More Than $21 Million Committed to Strengthen Indiana’s Life Sciences Innovation Pipeline

2026-01-21T12:45:06-05:00January 21, 2026|

INDIANAPOLIS (Jan. 21, 2026) – Crossroads Health Ventures (CHV) announced its launch of a new early-stage venture fund created to accelerate the growth of Indiana’s life sciences startups and reinforce the state’s global leadership across human, animal, and plant health innovation. The fund has secured more than $21 million in commitments from strategic and institutional partners such as Eli Lilly and Company, Corteva, Elanco Animal Health, Indiana University, Parkview Health, and the State of Indiana through the Economic Development Corporation (IEDC). CHV will begin deploying capital in early 2026. “Indiana is one of the nation’s strongest and most vibrant life sciences hubs, and Crossroads Health Ventures is an important next step in fueling our state’s innovation economy,” said Vince Wong, President and CEO of BioCrossroads and Crossroads Health Ventures. “With the State of Indiana’s transformational commitment and the leadership of [...]

All Roads Led to Warsaw: BioCrossroads FrameWORX Highlights Indiana’s Orthopedic Leadership

2025-11-17T10:15:51-05:00November 17, 2025|

Known globally as the Orthopedic Capital of the World®, the region welcomed more than 200 scientists, researchers, business leaders, and students for BioCrossroads’ quarterly FrameWORX event: The Future of Musculoskeletal Health: Innovations in Orthopedic Medicine and Indiana’s Leadership Opportunity. Held at Grace College in Winona Lake, Indiana the event placed Indiana’s orthopedic strength in the spotlight by bringing national voices together to discuss the science, industry, and impact of musculoskeletal health. Orthopedics is one of the most important sectors in global health, providing implants, devices, and treatments that restore mobility, reduce pain, and extend quality of life for millions of patients. Warsaw has long been at the center of that mission. It is home to global leaders like Zimmer Biomet and J&J MedTech, alongside a thriving community of mid-sized companies, startups, suppliers, and innovators who design and manufacture orthopedic technologies that are used worldwide. Tens of [...]

‘One Health’ to be focus of Life Sciences Summit

2025-11-13T15:42:55-05:00November 13, 2025|

This article was originally published by Inside Indiana Business. Click here to read the original article. INDIANAPOLIS - BioCrossroads, the initiative of the Central Indiana Corporate Partnership focused on promoting Indiana’s life sciences sector, is hosting its annual Life Sciences Summit on Thursday. The event, being held at the recently opened Elanco Animal Health global headquarters in downtown Indianapolis, brings together more than 250 leaders to discuss “the most pressing challenges and emerging opportunities” in the life sciences industry. The theme of this year’s summit is “One Health: Indiana’s Blueprint for Global Leadership,” which is a reference to the One Health Innovation District, an emerging industry hub being developed by Elanco, Purdue University and the Indiana Economic Development Corp. The new Elanco headquarters building is the first part of the burgeoning district, plans for which also include a shared-use facility for the three partners. BioCrossroads [...]

Recorder Media Group announces 2026 Champions of Impact Award nominees

2025-10-24T14:27:53-04:00October 24, 2025|

This article was originally published by the Indianapolis Recorder. Click here to read the original article. Recorder Media Group has announced the honorees for the 19th Annual Champions of Impact Awards. All winners will be formally recognized during the awards dinner on Friday, Jan. 16, 2026, at the JW Marriott Indianapolis from 5:30-8:30 p.m. EST. This annual celebration honors individuals and organizations whose leadership, service, and innovation have brought about meaningful change and propelled communities forward. Now in its 19th year, the Champions of Impact Awards recognize individuals and organizations whose work fosters lasting change in business, health, education, culture and community leadership. This annual gathering brings together trailblazers from across the state to recognize those who step forward, challenge limits and move their communities forward through their actions and examples. “I am proud to see the Champions of [...]

Plug and Play Lifetech Announces Inaugural Batch of 12 Innovative Startups in Indianapolis

2025-10-22T13:44:50-04:00October 20, 2025|

This article was originally published by The AI Journal on October 20, 2025. Click here to read the original article. Plug and Play, the world's largest innovation platform, today announced the 12 companies selected for the inaugural batch of its Lifetech accelerator program in Indianapolis. The cohort draws from a global talent pool and represents startup companies from eight states and three countries. Over the next four months, these founders will collaborate with Plug and Play's Lifetech partners, including IU LAB, BioCrossroads, IU Health, and Indiana University, to accelerate the future of healthcare and life sciences. The program will culminate with an expo event in February 2026, at which the graduating startups will pitch their solutions to an audience of corporate executives, investors, industry leaders, and the community. "The IU LAB is proud to partner with Plug and Play, [...]

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