A remarkable comment

January 5, 2009
Back to TopCommentsE-mailPrintBookmark and Share

Indiana has never been known as a hotbed of venture capital deals. That recognition has long gone to California and Massachusetts, and the numbers fall off quickly in other states.

So a statement in this weekend’s IBJ was noteworthy for its take on the budding climate in the state.

Ann Hanham, managing partner of Burrill and Co., the San Francisco-based biotech venture firm, was quoted by IBJ reporter Peter Schnitzler as saying the firm was worried about wasting its time when it entered Indiana five years ago.

Now, she said, Indiana is generating deal flow comparable to North Carolina — home to vaunted Research Triangle Park, where a number of big companies have research operations.

Indiana is nowhere near the big states and probably never will be. Still, her observation suggests the life sciences effort under way in the state in the past few years has gained substantial traction.

What’s your take?

ADVERTISEMENT
  • I agree. So many different components of Life Scienes are starting to emerge. They were always there, but normal everyday people are starting to see the benefits. From bio-engineered fuel, new compounds for cancer, hyrbid battery technology, windmill technology. The effort that private investors, state officials, and local entrprenuers have made is going a long way and will continue. Keep up the good work and I think in 3-5 years, some of those other larger companies will take notice and start shifting around operations and R&D money to the state.

Post a comment to this blog

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT
  1. I am so impressed that the smoking ban FAILED in Kokomo! I might just move to your Awesome city!

  2. way to much breweries being built in indianapolis. its going to be saturated market, if not already. when is enough, enough??

  3. This house is a reminder of Hamilton County history. Its position near the interstate is significant to remember what Hamilton County was before the SUPERBROKERs, Navients, commercial parks, sprawling vinyl villages, and acres of concrete retail showed up. What's truly Wasteful is not reusing a structure that could still be useful. History isn't confined to parks and books.

  4. To compare Connor Prairie or the Zoo to a random old house is a big ridiculous. If it were any where near the level of significance there wouldn't be a major funding gap. Put a big billboard on I-69 funded by the tourism board for people to come visit this old house, and I doubt there would be any takers, since other than age there is no significance whatsoever. Clearly the tax payers of Fishers don't have a significant interest in this project, so PLEASE DON'T USE OUR VALUABLE MONEY. Government money is finite and needs to be utilized for the most efficient and productive purposes. This is far from that.

  5. I only tried it 2x and didn't think much of it both times. With the new apts plus a couple other of new developments on Guilford, I am surprised it didn't get more business. Plus you have a couple of subdivisions across the street from it. I hope Upland can keep it going. Good beer and food plus a neat environment and outdoor seating.

ADVERTISEMENT