This month in The Catalyst enewsletter, we have decided to start a new feature that gives a snapshot of Life Sciences industry from Indiana and the Midwest. Since this is the first edition, I’ll start by building a little bit of a foundation, starting with life sciences in Indiana.
Indiana has a fantastic mix of life science companies, service providers, and organizations. A few of those organizations are:
- OrthoWorx (a BioCrossroads initiative)
- Indiana Health Industry Forum (IHIF)
- Indiana Medical Device Manufacturers Council (IMDMC)
- ASQ Biomedical Midwest Discussion Group (MWDG)
- Indiana Biomedical Entrepreneur Network (IBEN)
- Indiana Pharmaceutical Research Alliance (IPhRA)
All of these organizations have a vested interest in securing and growing the life science industry throughout Indiana and the Midwest. I could go into detail about each group, but I recommend you visit each organization’s web site to learn more about them.
Indiana is also home to a diverse group of life science companies and divisions — including medical device, in vitro diagnostic, pharmaceutical, orthopedics, and biotech firms. Some of these companies include:
- Cook Medical
- Roche Diagnostics
- Hologic Suros Division
- Boston Scientific
- Beckman Coulter Discovery Division
The state also has a decent presence from the life science entrepreneurial and start-up community — thanks in large part from funding sources such as BioCrossroads and Indiana Economic Development Corporation 21st Century Fund.
Indiana is also fortunate to have many, many providers for just about any service required to support the life sciences industry. The list is just too large (but you can get a good start by reviewing the members of INpact).
Also supporting Indiana life sciences are the colleges and universities providing education for future life sciences professionals and supporting entrepreneurship. Most notably in this space, Indiana is home to Rose-Hulman Institute of Technology, Purdue University, and Indiana University. The list below includes some of the initiatives these schools have to support the life sciences industry’s growth:
- Indiana UniversityÂ ResearchÂ & Technology Corporation
- Purdue Research Park
- Rose-Hulman Ventures
- Purdue Weldon School of Biomedical Engineering
- Rose-Hulman Applied Biology & Biomedical Engineering
In future snapshots, we will review other regions within the Midwest and examine some of the trends and issues within the life sciences industry.