Product Development

Purdue-born app wins $15,000 Startup Bowl prize

October 22, 2012
FoundOPS took first place with a mobile app that offers route optimization, customer-relationship management, data collection and GPS tracking for field-service companies.
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VIDEO: 12 startup pitches distilled to 3 minutes

October 19, 2012
Mason King
startup bowl watch videoBoiling down the dozen pitches from budding entrepreneurs at Thursday's Startup Bowl reveals vital themes: the mammoth influence of mobile, an intense craving for consumer data, and the relentless pursuit of revenue.
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Noble Roman's expands grocery offerings to boost bottom line

March 12, 2011
Cory Schouten
The Indianapolis company, founded in 1972, started as a chain of sit-down family restaurants but continues to find new outlets for its products.
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City of Greenwood might fund launch of insulin makerRestricted Content

January 30, 2010
Kathleen McLaughlin
Greenwood-based Zimmerman Biotechnologies LLC hopes to become the first company in the United States to make generic insulin, a long-awaited development in diabetes treatment. The Greenwood Common Council on Feb. 1 will consider an $8.4 million deal that would finance construction of an insulin factory, as well as help Zimmerman with FDA-approval and equipment expenses.
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Lilly cancels trials for experimental MS drug

July 28, 2009
J.K. Wall
Eli Lilly and Co. and a development partner has canceled clinical trials on an experimental drug to treat multiple sclerosis after the drug failed to delay progression of the disease in trial patients.
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Dow Agrosciences introduces genetically modified corn seedRestricted Content

July 27, 2009
 IBJ Staff
Even after a string of acquisitions, Dow AgroSciences is a bit player in the seed business. But the new genetically modified corn it developed with St. Louis-based giant Monsanto Co. finally provides the breakthrough product that could grow its seed sales substantially.
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Heartland Distillers joins mini-boom in artisan spirit-makingRestricted Content

June 1, 2009
Kim Puckett
Since January, Heartland Distillers has turned out several small batches of its first signature spirit—Indiana Vodka—available at about 300 area retailers.
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Simple invention targets blanket problem for surgical patientsRestricted Content

May 25, 2009
Chris O'Malley
In a state steeped in advanced research that spawns biomedical companies by the dozen, Apricity LLC is preposterously low-tech, given that its latest product is nothing more than a warm blanket.
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Harlan Bakeries sues vendor over equipment glitchesRestricted Content

April 6, 2009
Peter Schnitzler
Harlan Bakeries recently filed a lawsuit against equipment vendor Doboy Inc., saying it provided faulty equipment to package Harlan's cream-cheese-filled bagels.
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Linking specialties is key to life sciencesRestricted Content

March 30, 2009
The Indiana Innovation Alliance will bring together researchers from both IU and Purdue and keep much intellectual property innovation in Indiana.
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Indy Power drops electric-car focus for more lucrative control boxesRestricted Content

March 30, 2009
Chris O'Malley
After a stint making parts for electric cars, Symphony Motors recently became Indy Power Systems, changing course to make power control boxes for a variety of vehicles and also industrial and military applications.
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Local company out to turn algae into fuel of futureRestricted Content

March 16, 2009
Chris O'Malley
Stellarwind is believed to be the first algae-oil company in Indiana and among dozens of others around the country at the forefront of what's being called the third wave of biofuels production.
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Quest for new rocket fuel leads scientists to kitchenRestricted Content

March 16, 2009
Sam Stall
At Purdue University, the quest for a new missile and spacecraft fuel has brought together an oil-and-vinegar mix of rocket scientists and food scientists.
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These stories might cheer you upRestricted Content

March 16, 2009
Chris Katterjohn
This week I'm going to be your own, personal Pollyanna and try to cheer you up with some good news.
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Purdue student venture fund invests in Kylin TherapeuticsRestricted Content

March 16, 2009
Purdue University's Student-Managed Venture Fund is betting its bank on West Lafayette-based biotech startup Kylin Therapeutics Inc.
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Proprietary developments withering from recessionRestricted Content

March 16, 2009
Scott Olson
Financing is the lifeblood of companies turning intellectual property into a product or service, but turbulent economic conditions have made it increasingly difficult to raise cash from investors who are content to wait out the storm by concentrating on their existing portfolios.
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Compendium casts eye on national blog marketRestricted Content

February 23, 2009
Chris O'Malley
Two-year-old tech startup Compendium Blogware has launched its first out-of-state sales force and said it signed on 70 new customers in the fourth quarter.
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Automation hitting new levels at distribution centersRestricted Content

February 9, 2009
Sam Stall
In early April, the 110,000-square-foot Indianapolis distribution center of California-based medical-device supplier DJO Inc. will quietly roll out a revolutionary automated package-handling system.
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NASA contracts soaringRestricted Content

February 9, 2009
Chris O'Malley
NASA begins to award more grants to Indiana firms and universities.
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Purdue researchers tweak CT scanners to help lumber industry find knots, cracks, decay in treesRestricted Content

February 9, 2009
Scott Olson
CT scanners have been used for decades to peer inside humans. Now a Purdue University researcher is training the technology on hardwood trees to help lumber mills get the most value from logs.
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Local chiropractor bounces into fitness businessRestricted Content

January 12, 2009
Whitney Lee
Fishers chiropractor Steven Roberts had been teaching fitness classes using inflatable exercise balls for about seven years when he had a brainstorm—his adult clients might get even more out of them if the balls had handles.
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3M prepares launch of Hoosier startup's toothpasteRestricted Content

December 22, 2008
Peter Schnitzler
In January, St. Paul, Minn.-based 3M will release "Clinpro 5000," a specialty toothpaste Indiana Nanotech developed.
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Indian truck maker Mahindra making inroads at local dealersRestricted Content

December 15, 2008
Chris O'Malley
Indianapolis Ford dealers John Pearson and Ray Skillman will be among the 300 domestic dealers of Mahindra trucks and SUVs when the company makes its U.S. passenger car debut as early as next summer.
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IT veteran to teach entrepreneurship classRestricted Content

December 15, 2008
Indiana University will offer a new course on entrepreneurship in the information technology sector at the IU School of Informatics at IUPUI next semester.
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Businesses should note how consumers adapt inventions to fit their needsRestricted Content

November 24, 2008
Tim Altom
Consumers use online shopping carts for items that they're considering buying, not intent on buying.
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