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Life Science & Biotech
In the new year, building on the successes of 2005:
January 2, 2006
Bart PetersonThis past year was one of the most active and successful in our city's history. We pushed through legislation to fund an expansion
of the Indiana Convention Center and build a new multi-purpose stadium, both of which will be tremendous boons to our region's
economy, pumping in more than $2.25 billion in investment and creating more than 4,200 permanent jobs over the next 10 years.
In addition, through the leadership of the governor and legislature, a one-of-a-kind regional funding solution...
MoreVIEWPOINT: Indiana: The Cyber Crossroads of America?
December 26, 2005
Cameron CarterCan a state whose identity as the "Crossroads of America" in the 20th century maintain that distinction in the 21st century?
Can Indiana, with numerous railroads and highways passing through it, find a competitive advantage in a world that increasingly
bypasses rails and roads in favor of the virtual marketplace? Absolutely-if it is willing once again to serve as a central
hub for the thoroughfares so important to the virtual marketplace and purposefully sets out to build them. Not so...
MoreCHRIS KATTERJOHN Commentary: Setting an example for Sacramento
November 28, 2005
"To improve Sacramento, learn from Indianapolis" was the headline of a column in the Nov. 18 Sacramento Business Journal.
It's always nice to get a compliment and some good PR. Turns out a delegation of nearly a hundred Sacramentonians-or is it
Sacramentites?-were here in October on a three-day study mission to learn how to become a great city. It was the seventh year
in a row for them to make a learning visit to another community. Tom Stallard, head of...
MoreMixed bag for tech parks: Facing heavy competition for tenants, some developments thrive while others struggle
November 21, 2005
Tom MurphyThe stretch of land along Interstate 74 near Shelbyville lies mostly vacant, save for a couple of buildings and a network
of roads and other infrastructure snaking through the property. This barren look is not what Intelliplex Park organizers had
in mind more than two years ago, when their project became one of the first to receive the state's certified technology park
designation. "This is a lot harder than I thought it was going to be," said Tony Lennen, CEO...
MoreMASTER OF THE PLAN: Ultra-prepared president has Purdue primed for 'pre-eminence'
November 14, 2005
Peter SchnitzlerIt's half-past eight on a Monday morning and Martin Jischke is at his desk, poring over notes. This is how Purdue University's
president spends his days and most of his nights-preparing to be prepared. At any time, Jischke could be interacting with
students, alumni, faculty, legislators or business leaders. He wants to be ready for their questions with clear, articulate
answers, no matter the subject. His responses seem off-thecuff, but make no mistake: Jischke has studied and considered his
position...
MoreThere's more to logistics than forklifts and sweat: Colleges offer degrees for white-collar jobs in the field
October 31, 2005
Chris O\'malleyIt's not sexy, but it's where the jobs are. Ivy Tech Community College will offer an associate's degree in logistics management,
the latest effort in Indiana aimed at cultivating a work force for the transportation-distribution-logistics sector, known
as TDL. Meanwhile, the University of Indianapolis is preparing a concentration in supply chain management that will have key
applications in logistics careers. Experts say the educational push is sorely needed, yet it's still a challenge to get young
people interested in the...
MoreEmerging Tech, Johnson centers team up: Partnership links incubator's startups with entrepreneurship students
October 24, 2005
Scott OlsonNow as executive director of Indiana University's Johnson Center for Entrepreneurship & Innovation, he has high hopes for
his latest effort to introduce students to the real world of business. The Johnson Center, based in Bloomington, opened an
office earlier this month at the Indiana University Emerging Technologies Center in downtown Indianapolis. The space gives
MBA students the opportunity to provide consulting services to the 22 startups at the incubator. Unlike BSU seniors in the
"spine-sweating" course who present an...
MoreBioStorage gets set for major expansion: Three-year-old local firm eyeing West Coast, Europe
October 24, 2005
Scott OlsonThe 60 industrial-size freezers standing in formation like soldiers at attention look unassuming from the outside, but their
contents are invaluable. Stored at temperatures of minus-80 degrees Celsius, the millions of biological samples inside the
far-west-side warehouse represent the future of disease research and drug development. The repository is operated by BioStorage
Technologies, a 3-year-old venture created by a pair of researchers who met at the local office of Princeton, N.J.-based Covance
Inc., a drug-development services firm. Oscar Moralez developed...
MoreVIEWPOINT: Ruling holds promise for life sciences
October 24, 2005
Kristiana M.It wasn't frontpage news when the U.S. Supreme Court handed down its decision on Merck KGaA v. Integra Lifesciences earlier
this summer. But among Indiana's burgeoning life sciences sector, it should have been-n - largely because of the doors it
opens (or appears to) for research-based discoveries. On June 13, the country's highest court ruled that a "safe harbor" provision
in U.S. law gives life sciences companies more freedom to use patented compounds in pre-clinical research, as long as the...
MoreBacking home again: CID changes out-of-state course, invests $50M in Indiana
October 10, 2005
Peter SchnitzlerIndiana's flagship venture capital firm has changed direction. Often criticized for not investing frequently enough within
state lines, CID Equity Partners over the last five years has quietly put nearly $50 million to work in 10 Indiana companies.
In the decade before, CID invested in just a half-dozen local deals. And after struggling to weather the 2001 recession, CID's
managers believe the wind is finally at their back. Three years ago, massive losses threatened to sink the firm. Since then,...
MoreSo far, VC deals scarce: BioCrossroads: Networking should spawn commitments
September 26, 2005
Peter SchnitzlerAlmost two years ago, in October 2003, BioCrossroads debuted its $73 million Indiana Future Fund. In the time since, just
three Indiana startups have received IFF-backed investments. But it's not for BioCrossroads' lack of trying. Both in public
and behind the scenes, BioCrossroads is working diligently to put promising local life sciences prospects in front of venture
capitalists. This year, BioCrossroads has already held two well-publicized Indiana Future Fund Entrepreneurial Forums: the
first in April at Purdue University in West...
MoreAquarium lessons carry hope for spinal-cord patients:
September 19, 2005
-Scott OlsonPurdue University researcher Richard Borgens developed a fascination with nerve regeneration during childhood, when he watched
the newts in his father's aquarium regrow legs bitten off by fish. Today, he's developing nerve-regeneration methods that
may prove instrumental in treating spinal-cord injuries. Borgens directs Purdue's Center for Paralysis Research and is the
founder of Andara Life Sciences Inc., a startup whose treatments are showing promise in clinical trials. One of Borgens' therapies
involves the patented oscillating field stimulator device, which stimulates...
MoreEndGenitor might hold key to repairing blood vessels: Biomedical startup researchers grow cells from umbilical cord fluid
September 19, 2005
-Scott OlsonEn d G e n i t o r Technologies Inc. is a prime example of the type of company BioCrossroads, central Indiana's life sciences
initiative, covets. Founded on the scientific discoveries of two Indiana University School of Medicine researchers, the venture
is on the cusp of producing stem cells that someday could repair the blood vessels of heart attack victims and diabetics.
Drs. Mervin Yoder, 52, and David Ingram, 39, company cofounders and professors at the Herman B Wells...
MoreEconomic developer for hire: Miller's brain trust spreads advice from town to country
September 12, 2005
Peter SchnitzlerIt's about soybeans and high hopes. Clinton County has only 34,148 residents, nearly half of them living in the county seat
of Frankfort. Most of the labor force works in either farming or auto-parts manufacturing. Neither is generally considered
the field of the future. Enter economic development consultant Thomas P. Miller & Associates. Since Clinton County is the
state's fifth-largest soybean producer, TPMA counseled a strategy based on what it already does well. Starting next year,
federal regulators will require...
MoreVIEWPOINT: Signs of economic recovery all around us
August 15, 2005
Barbara BranicAfter weathering some difficult times over the last few years, there are encouraging signs that central Indiana has turned
the corner on its road to economic recovery. The Indianapolis metro area added 22,000 jobs in the year ending in March-a 2.4-percent
increase-and in May, the Indiana unemployment rate dipped below the national average for the first time since December. All
signs point to continued modest growth. Patrick Barkey, IBJ contributor and Ball State University economist, says, "We should
expect to...
MoreEli Lilly spawns start-up: Maaguzi plans rapid growth selling software to manage clinical research trials
August 15, 2005
Tom MurphyEli Lilly and Co. has sold clinical-research software it created to a veteran Indianapolis entrepreneur who plans to market
it globally, potentially growing his startup company into one of the area's largest technology firms. Joe Huffine, best known
as co-founder of the technology consultancy Onex Inc., said his new firm, Maaguzi LLC, should benefit as the market for research
software grows explosively. Maaguzi's software allows researchers and patients to record data electronically instead of on
paper. The software is geared...
MoreQuiet approach drawing criticism: President's lack of visibility hurts IU, some complain
August 8, 2005
Andrea MuirraguiNever mind the Herculean task of leading the state's largest college system in a difficult economic climate; he knew that
would be hard. But after two years of long weeks and late nights, he's facing a more surprising challenge-defending himself
from critics who question his ability to get the job done. IU seems to be adrift, naysayers argue, and so far Herbert doesn't
seem to be doing much to get it back on course. "It is with great regret that...
MoreNOTIONS: Pugilism, Parkinson's, politics, DNA: a powerful combination set to win
July 25, 2005
Bruce HetrickIf you knew only that Scott Newman is a former prosecutor, you might think his new workouts apt. The man known for courtroom
sparring now feints, weaves, jabs and thrusts with a former Golden Gloves boxing champion. But that's not all we know about
the 44-year-old Republican twice elected Marion County prosecutor. For in 2002, Newman also became Indianapolis' most public
Parkinson's patient. Today, Newman says boxing provides the perfect exercise for the neurologically challenged. "Parkinson's
is a movement disease,"...
MoreVIEWPOINT: Hoosiers gave tech transfer a big boost
July 18, 2005
Cam CarterToday, we take for granted that our state universities play a role far beyond their traditional educational mission-especially
in the economic arena. University-sponsored research is being licensed to the private sector, or used to form new companies.
Universities are managing business incubators. Consulting partnerships between academia and industry are commonplace. It wasn't
always this way. Not long ago, university officials were skeptical of becoming too involved with the private sector. Business
leaders and investors didn't recognize the value of innovation...
MoreDiversity marketing gains steam in central Indiana: Ad agencies helping convey cultural revelancy
July 11, 2005
Anthony SchoettleEthnic or diversity marketing, once confined to major cities such as Dallas, New York and Los Angeles, is taking hold in Indianapolis.
"We have seen a gradual but growing response among clients to communicate to a multicultural audience," said Clyde Bodkin,
president of locally based Bodkin Associates Inc. "Not everyone is in the same place, but smart companies are finding culturally
sensitive, culturally relevant ways to communicate to their target markets." Diversity marketing is the fastest-growing sector
of Bodkin's 14-person...
MorePurdue, Regenstrief look for ways to trim health costs: Health & Hospital Association a 'real-world' partner
July 11, 2005
Scott Olson"Ultimately, we think the benefits of the partnership will be more efficient, costeffective care to the citizens of Indiana,"
Morr said. "The bottom line is, how can we do what we do better?" Small and medium-size hospitals, which typically do not
have people on staff dedicated to study the types of issues the Regenstrief center will tackle, could benefit most from the
affiliation, Morr said. Ed Abel, director in charge of health care services for the locally based Blue &...
MoreTaking the pulse of life sciences: Experts weigh in on whether Indiana is keeping up in the economic development race
June 27, 2005
IBJ: Is Indiana gaining ground against other states in the race to grow as a life sciences hub? What are some specific benchmarks
that underscore your opinion? JOHNSON: Indiana is gaining ground, but Indiana already starts on really very substantial ground.
There are a lot of outside validations of that and I think it's important for this audience to hear a couple of them because
there is nothing like having people on the outside pay attention to what we're doing...
MoreMed school takes hit: IU trims $5.2 million from budget, cuts 36 positions
June 20, 2005
Tom MurphyThe school tabled some construction plans and may have to curtail recruiting of "star" faculty in areas such as diabetes research,
said Dr. Craig Brater, the school's dean. On top of that, the school cut 36 positions and halted spending for several programs
after it was hit by decreases in state funding and grants, and a rise in expenses. Brater said the medical school has been
lucky "in large part" to receive the funding it needed over the years. He...
MoreVIEWPOINT: Creativity is key to competitive advantage
June 20, 2005
Christopher ViceCentral Indiana is flat as a result of the Laurentide ice sheet that surged toward Indianapolis 17,000 years ago. Today, the
whole world is flat as a result of the technological and social seismic shifts that effectively leveled the economic world,
and "accidentally made Beijing, Bangalore and Bethesda next-door neighbors," says Thomas L. Friedman, foreign affairs columnist
for The New York Times. Richard Florida, researcher on regional economic development, challenges Friedman's metaphor. Florida
says, "The world is even more concentrated,...
MoreVOICES FROM THE INDUSTRY: Indiana must not let TDL opportunities elude its grasp
June 13, 2005
Michael SnyderUnlike some other Hoosier economic initiatives, much of the required infrastructure to rapidly advance TDL into significant
growth is already in place. More Interstate highways cross the state An economic development analyst determining the physical
advantages of Indiana might initially be challenged. Indiana has no oceans. No mountains. No temperate climate. But the Hoosier
state does possess one singular unmatched physical plus: It is the state geographically closest to the bulk of most U.S. major
markets. For more than a...
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Ameriana Bank took over Westfield Farmers Market for 2013 and it is held in their parking lot, corner of 32 and Carey road, 5 to 8. I am selling soap and candles there. great market!
B&T certainly has enough of our taxpayer dollars to do this thanks to Mayor Ballard. Given the firm's exceedingly poor reputation in the legal community, the basement would seem a better option.
Should read MAY hire 20 people.
Not a good location for a 300,000 home. 10th Street fumes, buses, noise. Max for this location 150,000.
The state constitution also does not say that the majority has a right to quorum, nor that the minority is required to allow them quorum. In fact, denial of quorum has been a parliamentary maneuver since the establishment of the first parliaments in the early 1600s. The right to deny quorum (and the requirement fore quorum) are to prevent exactly what happened in Indiana: A tyrannical majority pushing through odious, objectionable legislation. Denial of quorum is totally legitimate, and lest we forget, a tactic the GOP has employed many, many times to ensure their issues weren't given short shrift. By allowing the majority to impose "fines" on the minority for exercising the authority the constitution grants them (to deny quorum,) they are violating the constitution.