Purdue Research Foundation News

Purdue Research Foundation recognized 32 faculty and staff entrepreneurs, inventors

Thu, 5 Nov 2009 13:56:00 EST

Thirty-two Purdue University faculty and staff were recognized at the Purdue Research Foundation's seventh annual Inventors Recognition Dinner on Thursday (Nov. 5) in the Purdue Memorial Union North Ballroom.

The event highlighted the accomplishments of university faculty and staff whose discoveries already have, or may soon, result in commercial applications taken to the marketplace.

Purdue and SunGard Higher Education to deliver Signals

Thu, 29 Oct 2009 15:57:00 EDT

Signals, an innovative early intervention system that warns students that are at-risk of underperforming in a course and facilitates faculty interventions, will be enhanced and brought to higher education institutions through a joint effort by SunGard Higher Education, Purdue University and the Purdue Research Foundation.

The collaboration is among the first examples of SunGard Higher Education's new Open Digital Campus strategy in action.

Chicago-based intellectual property development firm newest Purdue Research Park affiliate

Wed, 28 Oct 2009 13:03:00 EDT

Inventors and entrepreneurs have a new resource to help build their products and businesses now that an intellectual property development firm has become an affiliate of the Purdue Research Park of West Lafayette.

IPXtract follows a business model created by Chris Haigh, president of the Chicago-based firm and an alumnus of Purdue University's College of Engineering, and Jeff Schwindt, a fellow engineer and IPXtract team member.

Endocyte awarded patent for vitamin receptor binding drug delivery conjugates

Tue, 27 Oct 2009 15:08:00 EDT

Officials at Endocyte Inc., a cancer drug discovery and development company, announced Tuesday (Oct. 27, 2009) that the company has been awarded a patent from the U.S. Patent and Trademark Office covering vitamin receptor binding anticancer agents.

The patent, entitled "Vitamin Receptor Binding Drug Delivery Conjugates" (U.S. Patent No. 7,601,332), covers novel conjugation linkages and anticancer agents, including Endocyte's EC145, which is currently in development as a potential treatment for ovarian and non-small cell lung cancers.

Company launches Web site to improve meal planning, food shopping

Tue, 27 Oct 2009 10:54:00 EDT

Planning meals, sharing food preparation tips, and saving time and money while grocery shopping could become easier thanks to a new Web site that provides the necessary tools to get organized in the kitchen.

Officials at Meal Essence, a product of JDGroup Ventures LLC, launched MealEssence.com on Thursday (Oct. 22) during the Evansville Women's Conference. The company is an affiliate of the Purdue Research Park of West Lafayette.

Endocyte officials announce close of $26 million equity financing

Fri, 16 Oct 2009 09:36:00 EDT

Officials of Endocyte Inc., a cancer drug discovery and development company, announced Friday (Oct. 16, 2009) they have completed a $26 million extension of its Series C financing.

This round included participation from all existing institutional investors, including Sanderling Ventures, Burrill & Co., American Bailey Ventures, Blue Chip Venture Co., and Triathlon Medical Ventures. Clarian Health Ventures also participated as a new investor.

Technology to detect, treat breast cancer is evolving, improving say researchers, experts

Mon, 12 Oct 2009 13:29:00 EDT

Although breast cancer remains one of the most-often diagnosed cancers in women each year, methods to improve the detection and elimination of cancerous cells are being discovered, developed and tested each day around the world with plans to deliver them to tomorrow's markets, say researchers at the Purdue Research Park of West Lafayette .

October is the 25th anniversary of National Breast Cancer Awareness Month. The American Cancer Society estimates that more than 190,000 American women will be diagnosed with invasive breast cancer and that there will be more than 40,000 deaths from breast cancer in 2009.

Purdue Research Foundation receives international economic development award

Wed, 7 Oct 2009 13:21:00 EDT

Officials from an international economic development organization presented a top award to the Purdue Research Foundation (http://www.prf.org/) during a conference that concluded Wednesday (Oct. 7) in Reno, Nev.

The International Economic Development Council (http://www.iedconline.org/) (IEDC) announced that the Purdue Research Foundation received a 2009 IEDC Excellence in Economic Development Award in the category of Regionalism and Cross-border Collaboration.

Dow AgroSciences, Purdue, IEDC partner for life sciences venture at Purdue Research Park

Wed, 30 Sep 2009 12:04:00 EDT

A new development project in the life sciences arena was announced Wednesday (Sept. 30) as part of a new agricultural collaboration among Dow AgroSciences, Purdue Research Foundation, Purdue University and the state of Indiana.

Dow AgroSciences will become one of the largest tenants at the Purdue Research Park of West Lafayette, occupying 15,000 square feet of research and office space in the newly built Herman and Heddy Kurz Purdue Technology Center at 1281 Win Hentschel Blvd.

Purdue's Emerging Innovations Fund invests in two startup companies

Mon, 28 Sep 2009 12:34:00 EDT

Officials of a fund created to help commercialize new technologies have invested $350,000 in two Indiana-based life sciences startup firms.

FAST Diagnostics of Indianapolis will receive $200,000 and Matrix-Bio Inc. of the Purdue Research Park of West Lafayette will receive $150,000 from the Emerging Innovations Fund. The fund, established in 2008 as a partnership between the Purdue Research Foundation and Purdue University, was created to fast-track the development of new technologies.

Purdue workshop to aid entrepreneurs looking to take funding step

Mon, 28 Sep 2009 11:39:00 EDT

Purdue faculty, staff, students and others can learn about what's needed to launch a company at the university's fourth annual Company Fund Raising Boot Camp on Oct. 12 in Discovery Park.

Keynote speaker is Christopher Clapp, a 1982 Purdue industrial engineering graduate who has guided ANGEL Learning's dynamic growth since assuming company leadership as president and chief executive officer in 2001. The workshop, which is free and open to the public, will run from 8 a.m. to 5 p.m. in Burton D. Morgan Center for Entrepreneurship, Room 121.

Purdue Research Park-based life sciences firm begins breast cancer clinical trial

Thu, 24 Sep 2009 10:54:00 EDT

Matrix-Bio Inc., a life sciences company focused on developing new cancer diagnostics, has begun a clinical trial to validate a method that could detect breast cancer cells earlier and more accurately than a mammogram.

Matrix-Bio is based at the Purdue Research Park of West Lafayette.

Electronics designer, manufacturer becomes affiliate of Purdue Research Park at AmeriPlex-Indianapolis

Thu, 24 Sep 2009 10:04:00 EDT

A Westfield, Ind., company that develops and markets entertainment electronics has become an affiliate company of the Purdue Research Park at AmeriPlex-Indianapolis.

Indy Audio Labs LLC , founded in 2008 by Rick Santiago and Ted Moore, designs and manufactures audio and video rendering products, including the Aragon and Acurus brands. Santiago is the company's CEO, and Moore is COO.

Purdue University technologies presented at Fort Wayne showcase

Wed, 23 Sep 2009 13:06:00 EDT

Technologies discovered at Purdue University were presented to companies, entrepreneurs and investors on Wednesday (Sept. 23) at the fourth annual Northeast Indiana Technology Showcase in Fort Wayne, Ind.

"The Northeast Indiana Technology Showcase is a key annual event to present the newest technologies to potential investors," said Karen White, acting director of the Purdue Research Foundation's Office of Technology Commercialization. "Laboratory and classroom discoveries must be developed before they are delivered to the market. Angel investors, owners of established businesses and other entrepreneurs are keys to that development. The showcase is a forum where they can learn about products for tomorrow's markets."

Announcement details for Indiana's newest agricultural sciences partnership

Wed, 23 Sep 2009 12:42:00 EDT

Officials from Purdue University, Purdue Research Park, Dow AgroSciences LLC and the Indiana Economic Development Corporation will unveil Indiana's newest agricultural sciences partnership during a special event. Information about the program includes:

Chao Center donates medications to combat multidrug-resistant tuberculosis

Tue, 22 Sep 2009 09:54:00 EDT

The Chao Center for Industrial Pharmacy & Contract Manufacturing officials announced Tuesday (Sept. 22) that they will donate about 1,800 bottles of a medication to help fight multidrug-resistant tuberculosis (MDR-TB) to Cambodia and Ethiopia.

The Chao Center, which is based in the Purdue Research Park, produces and manufactures drugs in smaller quantities that can't be produced in a cost-effective way by larger pharmaceutical companies. Eli Lilly and Company partnered with the center in 2007 to continue to produce and distribute the multidrug-resistant medication Seromycin®. The partnership is part of a $135 million effort by Lilly to combat tuberculosis and multidrug-resistant tuberculosis around the world.

New Purdue Research Park-based company helps improve radiation therapy for breast cancer patients

Mon, 21 Sep 2009 11:21:00 EDT

Nano-Rad LLC, a company that plans to improve the standard of care for breast cancer patients who receive radiation therapy, has moved into the Herman and Heddy Kurz Purdue Technology Center in the Purdue Research Park of West Lafayette.

Nano-Rad will introduce a new platform technology called the Nano-Rad Fade™ that will deliver low-dose rate radiation precisely at tumor margins immediately following their surgical removal. The technology was created in Florida by Bruno Schmidt and John Kuperus, Ph.D., who created the company with Richard F. Mussmann, company president and CEO.

American Heart Association's 2009 Start! Heart Walk to be held in Purdue Research Park

Tue, 8 Sep 2009 09:37:00 EDT

Residents of the Greater Lafayette area can take a healthy first step on Saturday (Sept. 12) while also raising funds for the American Heart Association to battle heart disease and stroke.

The Lafayette Start! Heart Walk will be at the 725-acre Purdue Research Park just north of the Purdue University campus. Tim Peoples, director of the Purdue Technology Centers in West Lafayette, is chairperson of the free event.

Purdue Research Park leader to speak in Indianapolis about economic development

Thu, 27 Aug 2009 10:19:00 EDT

Economic development and the challenge of maintaining the personal income of Indiana's working class will be discussed by the Purdue Research Foundation's senior vice president when he speaks to the Indianapolis Rotary on Tuesday (Sept. 1).

"We've had and still have a strong manufacturing base, but even considering that factor we've seen a dramatic drop in the personal income for the working class from 1950 to today," said Joseph B. Hornett, senior vice president, treasurer and COO of the Purdue Research Foundation. "We need the high-tech, high-paying jobs created through business incubators to stand out against the trend of the drop in personal income.

Endocyte announces achievement of second milestone in collaboration with Bristol-Myers Squibb

Wed, 26 Aug 2009 09:01:00 EDT

Endocyte, Inc., a cancer drug discovery and development company, today announced it has received a milestone payment from Bristol-Myers Squibb Company (NYSE: BMY). This payment was triggered by the commencement of a Phase II clinical trial for an epothilone-folate anti-cancer agent identified through the collaboration between Endocyte and Bristol-Myers Squibb scientists.

"We are pleased to see the advancement of the epothilone-folate compound by our outstanding partner Bristol-Myers Squibb." said Ron Ellis, president and CEO of Endocyte. "This further validates Endocyte's targeting platform and its leadership position in this space."

New technology helps Parkinson's patients speak louder

Tue, 25 Aug 2009 13:24:00 EDT

Researchers have developed a new technology that helps Parkinson's patients overcome the tendency to speak too quietly by playing a recording of ambient sound, which resembles the noisy chatter of a restaurant full of patrons.

"People with Parkinson's disease commonly have voice and speech problems," said Jessica Huber, an associate professor in Purdue's Department of Speech, Language and Hearing Sciences. "At some point in their disease they will have some form of voice or speech disorder that generally occurs a little later in the disease."

Company provides emergency communication tool free to schools, not-for-profit organizations around globe

Mon, 24 Aug 2009 11:57:00 EDT

Officials at schools and not-for-profit organizations can use an electronic communication system to alert employees, students and others of an emergency or crisis at no cost through a program offered by a Purdue Research Park-based company.

The system, which instantly sends full-screen alerts, Web pages and multimedia to selected desktop computers and handheld devices, is part of the Safe Schools Program offered by Sensory Ventures LLC

Inc. magazine lists 2 Purdue Research Park-based companies among nation's fastest growing

Thu, 13 Aug 2009 11:52:00 EDT

Two Purdue Research Park-based companies rank among the fastest-growing privately held companies in the United States, according to editors of Inc. magazine.

Officescape Inc. and Passageways LLC were ranked on the third annual "Inc. 5000" list.

Company implements emergency notification technology in Benton Community School Corp.

Mon, 10 Aug 2009 14:41:00 EDT

A newly installed crisis notification technology from Sensory Ventures will alert Benton Community School Corp. students, teachers and administrators, and first responders to emergencies.

"Officials of the Benton Community School Corp. respect the traditions of our community, but we also want to move forward and become proactive in every aspect of education and school safety," said Destin Haas, principal of Benton Central Jr.-Sr. High School in Oxford, Ind. "We want this school corporation to be on the cutting edge of innovative programs that are educationally sound and will assist with school safety."

Endocyte announces positive results from a Phase II clinical study of EC145 in patients with advanced non-small cell lung cancer (NSCLC)

Mon, 10 Aug 2009 14:01:00 EDT

Endocyte Inc., a cancer drug discovery and development company, has announced results from a Phase II clinical study of EC145 in patients with advanced non-small cell lung cancer (NSCLC).

Results were presented at the 13th World Conference on Lung Cancer in San Francisco. The single arm Phase II study evaluated the therapeutic agent EC145 and the molecular imaging agent EC20 in 42 patients with advanced adenocarcinoma of the lung. Forty percent of patients involved in the clinical trial had already failed at least four chemotherapy regimens prior to enrollment in the study.

Youngsters get entrepreneurship lessons through Purdue Research Park program

Fri, 31 Jul 2009 13:38:00 EDT

Becoming a successful entrepreneur is more involved than just setting up a lemonade stand as more than 30 youngsters learned during a program held this week (July 27-31) at the Purdue Research Park.

The second annual Just Us Entrepreneurs program helped participants produce, price, advertise and sell items as part of creating their own businesses. The weeklong program for children ages 6-12 is jointly offered by the Purdue Research Park and Nancy Justice, owner of Just Us Kids Inc. childcare center. The event took place at the Herman and Heddy Kurz Purdue Technology Center, which is part of the Purdue Research Park where more than 160 new and expanding companies are based.

Indiana college students gain practical experience as interns at Purdue Technology Center

Wed, 29 Jul 2009 10:22:00 EDT

Six firms at the Purdue Technology Center of Northwest Indiana are providing working experience to students who attend Indiana colleges, including Purdue's West Lafayette campus and Purdue University Calumet.

Balanced IT Solutions, HealthCall LLC, Identitylogix, Next Wave Systems LLC, the Purdue Technology Center of Northwest Indiana and SAIC hired 11 interns for the summer.

mPlexusLLC, a Purdue Research Park-based company, appoints new president

Mon, 27 Jul 2009 13:37:00 EDT

Officials at mPlexusTM LLC, a software company focused on developing applications for the medical imaging informatics industry, announced Monday (July 27) the appointment of Thomas Vanneman as president and chairman of the board of directors.

mPlexus is located in the Purdue Research Park.

Purdue workshop offers tips for assistive technology industry

Thu, 23 Jul 2009 13:48:00 EDT

The Indiana Center for Assistive Technology at Purdue University will offer an Entrepreneurs Bootcamp for assistive technology developers and innovators on Aug. 6 at the Indiana Convention Center.

Officials from Purdue Research Park-based firm to fly to EAA AirVenture Oshkosh in plane powered by own fuel

Thu, 23 Jul 2009 11:58:00 EDT

Representatives from a Purdue Research Park-based company will fly nearly 300 miles non-stop to one of the largest aviation conventions in the United States using a general aviation fuel that can be produced from biomass and other renewable products.

The fuel will be comparatively priced, more fuel-efficient and environmentally friendlier than others on the market, and meets or exceeds the standards for aviation fuel as verified by the ASTM International in Alexandria, Va., according to Mary Rusek, president and co-owner of Swift Enterprises. She co-founded the company with her husband John. ASTM International is one of the world's largest voluntary standards development organizations.

3 in Purdue Research Park named Companies to Watch

Fri, 17 Jul 2009 11:20:00 EDT

En'Urga, Kylin Therapeutics and Passageways, three Purdue Research Park-based firms, were named by the Indiana Economic Development Corp. in its second annual list of 50 Companies to Watch.

"These three companies represent some of the key economic sectors - life sciences, information technology and engineering - that will diversify and strengthen Indiana's economy," said Joseph B. Hornett, senior vice president, treasurer and COO of the Purdue Research Foundation, which manages the Purdue Research Park. "Recognition in the Companies to Watch program is a great honor for an entrepreneur, especially when you consider that nearly 450 companies were nominated for the award."

Kylin Therapeutics to expand cancer treatment research with NIH funding

Thu, 16 Jul 2009 10:11:00 EDT

Kylin Therapeutics Inc. will expand its research into treating diseases including cancer and AIDS after receiving a $100,000 Phase I Small Business Innovation Research grant from the National Institutes of Health.

The company's technology is based on a Purdue University discovery called pRNA that utilizes a natural process, known as RNA interference, to target and "turn off" disease-causing genes. Kylin is a developer of next-generation genetic therapeutics. The technology allows for more powerful and more effective treatments for a variety of diseases.

Indiana life-sciences firm signs deal to use research space at Purdue's Birck Nanotechnology Center

Thu, 16 Jul 2009 09:17:00 EDT

An Indiana medical-device company has signed a research agreement through the Purdue Research Foundation to use laboratories and equipment at Purdue University's Birck Nanotechnology Center, officials announced Thursday (July 16).

Nanovis Inc., a Columbia City, Ind.-based company with offices at the Purdue Research Park in West Lafayette, will work with Birck researchers and the center's facilities to improve the interactive process between medical implants and human tissues for reducing rejection or infection.

Endocyte to present data on EC145 at the IASLC 13th World Conference on Lung Cancer

Tue, 14 Jul 2009 14:53:00 EDT

Endocyte Inc., a cancer drug discovery and development company, today announced that it would report results of a Phase II clinical study of EC145 in patients with advanced lung cancer. The data will be presented as part of the 13th World Conference on Lung Cancer to be held July 31 to Aug. 4 in San Francisco.

Dr. Martin Edelman, of the Greenebaum Cancer Center, University of Maryland, principal investigator of the study, will present the data during a session entitled "Catch and Release: Intracellularly Activated Chemotherapy" on Saturday, Aug. 1, from 2-4:30 p.m. in the Moscone Center West, Rooms 3020-3022, Level 3, PD 3.4.4.

New technologies, economic opportunities to be presented at inaugural Indiana Innovation Showcase

Tue, 7 Jul 2009 09:55:00 EDT

Entrepreneurs representing 40 new and expanding Indiana businesses will present technologies and economic opportunities before investors and business leaders at the inaugural Indiana Innovation Showcase on Tuesday (July 7).

More than 250 entrepreneurs, venture capitalists, angel investors and economic development leaders will participate in the invitation-only program scheduled for 2-7 p.m. at the Purdue Technology Center. The center is located in the Purdue Research Park at AmeriPlex-Indianapolis near the Indianapolis International Airport.

West Lafayette firm developing nanostructured biomaterial technology for bone fracture patients

Tue, 7 Jul 2009 08:43:00 EDT

Nanovis LLC, a startup developer of nanosurfaced implants and nanostructured biomaterials, announced Tuesday (July 7) that it has begun initial testing of a bone regeneration technology with the help of the state's 21st Century Research and Technology Fund.

The company's technology, which uses nanostructured biomaterials and proprietary bone growth factors to promote real bone growth among patients with a high risk of bone fracture, was jointly discovered by Nanovis and researchers at Purdue University and Brown University.

Purdue researchers create prostate cancer 'homing device' for drug delivery

Mon, 6 Jul 2009 13:17:00 EDT

A new prostate cancer "homing device" could improve detection and allow for the first targeted treatment of the disease.

A team of Purdue University researchers has synthesized a molecule that finds and penetrates prostate cancer cells and has created imaging agents and therapeutic drugs that can link to the molecule and be carried with it as cargo.

Silicon Valley Company to Relocate Headquarters and Operations to Indianapolis

Thu, 2 Jul 2009 14:20:00 EDT

Scale Computing, a developer and manufacturer of TrueClusterTM data storage technology, announced today that it will relocate its headquarters and begin building its operations in Indiana with the help of state entrepreneurship grants.

The company, currently headquartered in San Carlos, Calif., will move its Silicon Valley operations to Indiana with the help of a $2 million grant from Indiana’s 21st Century Research and Technology Fund.

Indiana high school students win college tuition vouchers at Purdue Research Park Entrepreneurship Academy

Fri, 26 Jun 2009 16:30:00 EDT

Indiana high school students in top-finishing teams of the third annual Purdue Research Park Entrepreneurship Academy competition received college tuition vouchers during a special event Friday (June 26).

The vouchers ranged from $100 to $500 and can be used at all Purdue University and Ivy Tech Community College campuses in Indiana. About 50 juniors and seniors from 21 Indiana counties participated in the program.

Swift Enterprises officials announce the hiring of 5 new employees

Thu, 25 Jun 2009 09:40:00 EDT

Officials at Swift Enterprises announced Thursday (June 25) the hiring of five new employees.

New Web site makes registering for Northwest Indiana parks' recreational and educational programs easier

Wed, 24 Jun 2009 11:21:00 EDT

A new Web site developed by a Purdue Technology Center-based company eases the task of registering and paying for parks and recreation department programs offered in three Northwest Indiana communities.

The site was developed by Next Generation Solutions Ltd., an affiliate company of the Purdue Technology Center of Northwest Indiana. Information about programs offered by the Highland, Merrillville and Schererville parks departments is available at http://www.activenwi.com

Food safety recalls suggest need for more frequent and better testing methods, researcher says

Tue, 23 Jun 2009 16:09:00 EDT

Safety testing of the nation's food supply must be improved in light of the mysterious link between eating raw refrigerated cookie dough and food-borne pathogenic bacteria, says a Purdue University food safety researcher.

Nestlé USA voluntarily recalled about 300,000 cases of refrigerated Toll House cookie dough products due to a link between the product and an outbreak of illnesses caused by E. coli in more than 25 states.

Officials announce attendees of the 2009 Purdue Research Park Entrepreneurship Academy

Wed, 3 Jun 2009 09:42:00 EDT

Almost 50 Indiana high school students from 21 counties will attend the third annual Purdue Research Park Entrepreneurship Academy from June 21-26.

"These students, who come from every corner of the state, will have the opportunity to learn what it means to be an entrepreneur through hands-on experience during this weeklong event," said Tim Peoples, the academy's director. "They also will learn from Purdue University faculty, business experts and successful high-tech business entrepreneurs at the Purdue Research Park."

Purdue Research Park officials dedicate new tech center, honor electrical engineering alumnus and spouse

Wed, 27 May 2009 09:12:00 EDT

Purdue Research Park officials dedicated a 105,000-square-foot technology center on Wednesday (May 27) in honor of Heddy Kurz and her late husband, Herman Kurz, a Purdue University electrical engineering alumnus.

The Herman and Heddy Kurz Purdue Technology Center, 1281 Win Hentschel Blvd., will house the Purdue Research Foundation offices, provide space for up to 26 companies and support about 275 jobs. Heddy, who lives in Louisville, made a deferred gift in the amount of $3 million in honor of Herman to help fund the $14.5 million, 13-acre Purdue Research Park expansion.

Purdue Research Foundation sponsors startup companies for free Microsoft software

Tue, 12 May 2009 11:15:00 EDT

The Purdue Research Foundation has joined an international program that provides software technology startup companies with three years of Microsoft software for free.

"When a new company is launched, every penny counts, and buying software and other technology can be a huge drain on an entrepreneur's budget," said Joseph B. Hornett, Purdue Research Foundation senior vice president, treasurer and COO. "The national BizSpark program by Microsoft is a terrific way to help companies during the critical first three years, and we wanted to be a sponsor for the program."

Endocyte initiates Phase 1 trial of EC0489 for treatment of refractory or metastatic solid tumors

Tue, 5 May 2009 14:11:00 EDT

Endocyte Inc., has announced the initiation of a Phase 1 clinical trial) with EC0489, a folate-targeted anticancer drug for the treatment of refractory or metastatic solid tumors.

The Phase I trial is a multi-center, open-label dose escalation study designed to evaluate the safety and tolerability of EC0489 in patients with refractory or metastatic cancer who have exhausted standard therapeutic options.

Ohio life science company to relocate in Purdue Technology Center of Southeast Indiana

Thu, 30 Apr 2009 14:03:00 EDT

A life science company relocating from Cincinnati will move into the Purdue Technology Center of Southeast Indiana, officials announced Thursday (April 30).

IKOTECH LLC, established in 2005, has developed an advanced magnetic cell sorting technology used in cancer diagnostics, diabetes therapeutics, cellular therapeutics and other health-care applications. The company is a spinoff of Techshot Inc., a technology development company based in Greenville, Ind.

Officials celebrate opening of international technology company's new software center in Purdue Research Park

Tue, 28 Apr 2009 14:09:00 EDT

More than 250 people attended Tuesday's (April 28) dedication of the Purdue Research Park's 80,000-square-foot Innovation Center, which is home to a national software solution center for EDS, an HP company.

"Innovation Center is one of the finest examples of how collaborations among Purdue officials, state and local representatives, and company leaders can make positive things happen even in a challenging economic climate," said Purdue University President France A. Córdova. "The presence of EDS in the Purdue Research Park of West Lafayette means even greater job opportunities for those looking for jobs right now."

Officials to celebrate opening of international technology company's new software center in Purdue Research Park

Mon, 27 Apr 2009 15:56:00 EDT

More than 300 people are expected to attend Tuesday's (April 28) dedication of the Purdue Research Park's 80,000-square-foot Innovation Center, which will be home to a national software solution center for EDS, an HP company.

Dedication set for international technology company's facility in Purdue Research Park

Thu, 23 Apr 2009 10:15:00 EDT

Purdue Research Park, EDS, state and local officials will dedicate the 80,000-square-foot Innovation Center at a 10 a.m. ceremony Tuesday (April 28). The event will take place at the center, located at 3400 Kent Ave. in the Purdue Research Park.

The center will house a 45,000-square-foot national software solution center for global technology giant EDS. The company employs more than 200 people. The remaining space in Innovation Center will be used for other park companies. The Purdue Research Park of West Lafayette, Ind., has more than 160 companies, about a 100 of which are high-tech and another 39 are incubator companies.

Noblesville firm to demonstrate new technology designed to increase efficiency, reduce cost of battery-operated vehicles

Wed, 22 Apr 2009 11:01:00 EDT

Officials at an Indiana firm will demonstrate technology that could improve the efficiency and reduce the cost of the most expensive components of electric-powered vehicles, making them more affordable.

Indy Power Systems, a Purdue Research Park affiliate company based in Noblesville, Ind., will have an open house on Monday (April 27) to demonstrate the Multi-Flex™ Energy Management System, which improves the cost efficiency of hybrid and electric vehicle batteries.

Illinois firm launches new software division at Purdue Technology Center

Tue, 21 Apr 2009 09:11:00 EDT

A Rockford, Ill., software company has launched a new division at the Purdue Technology Center of Northwest Indiana that will serve increased demand from airline, homeland security and other industries and will employ Purdue University student interns.

Balanced IT Solutions, which was founded in 2008, will locate the headquarters of its new software development division at the office in Merrillville, Ind.

Purdue Research Park firm produces ingredient to generate ethanol more efficiently

Tue, 21 Apr 2009 08:47:00 EDT

Officials of Green Tech America Inc. announced Tuesday (April 21) that the company is producing a new type of yeast that will help generate cellulosic ethanol in a more cost-effective way.

The genetically engineered yeast helps produce ethanol more efficiently from the new feedstocks, known as cellulosic biomass, such as wood chips, grasses and agricultural wastes like corn stalks and wheat straw. The new yeast ferments both glucose and xylose, two major types of sugar recovered from cellulosic biomass. Conventional yeasts ferment only glucose.

Endocyte to Present Multiple Abstracts at the 100th Annual Meeting of the American Association for Cancer Research (AACR)

Fri, 17 Apr 2009 13:19:00 EDT

Endocyte, Inc., a privately held biotechnology company developing receptor-targeted therapeutics announced Friday (April 17) that four abstracts have been accepted for poster presentations at the 100th Annual Meeting of the American Association for Cancer Research (AACR) in Denver on April 18-22.

Christopher Leamon, Ph.D., vice president of research at Endocyte, will present findings from four studies highlighting preclinical data from the company's oncology research pipeline. Data will be presented on the preclinical evaluation of a spacer-optimized folate-targeted Vinca alkaloid EC0489, the antitumor effects of compound EC145 in combination with DOXIL®, mTOR pathway inhibition via folate receptor EC0565, and releasable dual-drug conjugates of folic acid.

New Study Reconfirms Long-Term Strength of Biodesign Hernia Graft

Fri, 27 Mar 2009 13:16:00 EDT

A five-year study confirms the long-term strength and durability of the Biodesign Hernia Graft, Cook Medical, a world leader in advanced tissue repair, announced today.

The study, the largest published series with the longest follow-up time for a biologic mesh used in hernia repair, demonstrated that the Biodesign Hernia Graft possesses the clinically important strength of non-absorbable mesh, while providing the benefit of decreased infection complications of absorbable mesh.

Endocyte Announces Positive Interim Results from Phase II Clinical Trial of EC145 in Patients with Advanced Non-Small Cell Lung Cancer (NSCLC)

Tue, 24 Mar 2009 13:36:00 EDT

Endocyte Inc. has announced positive interim results from an ongoing Phase II clinical study of EC145 in patients with advanced non-small cell lung cancer (NSCLC). The single arm Phase II study is designed to evaluate treatment with EC145 in patients with chemotherapy-resistant NSCLC who have failed multiple therapy regimens.

At the planned interim analysis, 35 percent (6/17) of patients achieved clinical benefit (CR+PR+SD), 67 percent (4/6) of patients had a duration of response of six months or longer, and one patient had significant tumor reduction (>30 percent). All of these patients had previously failed two to eight prior therapies. Analysis of the safety data indicates that EC145 was generally well tolerated. Based on the positive results from the interim analysis, the two-stage clinical trial will continue on to full enrollment.

Regenstrief Center to offer innovators workshop on assistive technologies

Mon, 23 Mar 2009 11:25:00 EDT

The Indiana Center for Assistive Technology, a part of the Regenstrief Center for Healthcare Engineering, will offer the inaugural Innovators Bootcamp for assistive technology developers and innovators on April 2 in Purdue's Discovery Park.

The workshop, which is free and open to the public, will run from 9 a.m. to 3 p.m. in the Burton D. Morgan Center for Entrepreneurship, Room 121. Registration is required by 5 p.m. Friday (March 27) at http://cathub.org/bootcamp.

Nominations open for 2009 Indiana Companies to Watch

Thu, 19 Mar 2009 13:26:00 EDT

Nominations and applications are being accepted for the second annual Indiana Companies to Watch awards program, which will highlight some of the state's top privately held companies.

Indiana Companies to Watch recognizes privately held Indiana businesses that employ six to 150 full-time employees and have between $750,000 to $100 million in annual revenue or working capital. It is presented by the Purdue University, Edward Lowe Foundation and the Indiana Economic Development Corp. and its Small Business Development Center network.

South Korea awards ICx Technologies a mass spectrometry contract with an estimated value of up to $40 million

Wed, 4 Mar 2009 13:58:00 EST

ICx Technologies (NASDAQ: ICXT), a developer of advanced sensor technologies for homeland security, force protection and commercial applications, announced Wednesday (March 4) that ICx Analytical Instruments, a business unit of ICx Technologies, has been awarded a multi-year contract worth up to $40 million.

The contract is for the development of a chemical and biological mass spectrometer (CBMS) for use in military reconnaissance vehicles. ICx Analytical Instruments will work jointly with ICx BioDefense to deliver a premium-class biological and chemical detection system. The CBMS system will be capable of detecting both chemical and biological warfare agents, and the first phase of the contract is a development effort.

Purdue's Student-Managed Venture Fund invests $100,000 in Purdue Research Park company

Tue, 3 Mar 2009 10:21:00 EST

Purdue University's Student-Managed Venture Fund, administered by the Burton D. Morgan Center for Entrepreneurship and the Krannert School of Management, is investing $100,000 in Kylin Therapeutics Inc.

The funding is part of a $2 million round of financing led by In-vivo Ventures and Golden Pine Ventures. The funds will help advance Kylin Therapeutics' lead cancer therapy to the marketplace.

Nominations for Purdue Research Park Entrepreneurship Academy under way

Mon, 23 Feb 2009 10:55:00 EST

Indiana high school administrators and teachers have until April 24 to nominate juniors and seniors for the third annual Purdue Research Park Entrepreneurship Academy.

Students accepted into the weeklong program will learn what it is like to create a business from the concept to raising funds and creating prototypes. At the completion of the program, student teams will be judged by economic development experts on how well they developed business case studies, crafted marketing plans and planned to raise venture capital.

ENDOCYTE BEGINS PHASE II CLINICAL TRIAL OF EC145 FOR TREATMENT OF WOMEN WITH OVARIAN CANCER

Thu, 19 Feb 2009 12:46:00 EST

Endocyte Inc. has announced the initiation of a randomized Phase II clinical study of the company's investigational drug EC145 in women with platinum-resistant ovarian cancer. The phase II trial, also called the "PRECEDENT study," will evaluate the efficacy and safety of EC145 when administered in combination with pegylated liposomal doxorubicin (PLD). PLD is widely used as a standard therapy for women with platinum-resistant ovarian cancer. The efficacy and safety of the combination of EC145/PLD will be compared to treatment with PLD without EC145.

Ovarian cancer is the fifth most common cancer among women in the United States and the leading cause of death due to cancer of the female reproductive system. The PRECEDENT study will enroll 122 subjects and involve more than 50 clinical centers in the U.S., Canada, and Europe. Trial details can be found at www.endocyte.com and http://www.clinicaltrials.gov.

Purdue researchers increase innovation and economic development activities

Wed, 11 Feb 2009 13:15:00 EST

The number of technology commercialization activities by researchers throughout Purdue University increased more than 40 percent during the past four years, according to university officials.

In the 2007-2008 fiscal year, there were 237 invention disclosures across all disciplines at the university, compared to 167 in the 2003-2004 fiscal year. An invention disclosure is a process undertaken when researchers file a discovery with the Purdue Research Foundation's Office of Technology Commercialization that is patentable and has market potential.

DeGuilio-Fox named director of Purdue Technology Center in Merrillville

Fri, 6 Feb 2009 09:25:00 EST

Kathy J. DeGuilio-Fox has been named director of the Purdue Technology Center of Northwest Indiana. She had formerly been its business development manager.

She succeeds John M. Hanak, who became director of Purdue Research Park's statewide network of technology centers in 2008.

Entrepreneurial opportunities workshop offered at Purdue Research Park

Fri, 6 Feb 2009 09:13:00 EST

Purdue University students and future entrepreneurs can get advice and direction from successful business and professional leaders through a Feb. 19 event at the Purdue Research Park.

The free event, Entrepreneurial Opportunities at Purdue Research Park, is co-sponsored by Blue Chip Venture Company and the research park. It is being organized by Purdue's Certificate in Entrepreneurship and Innovation program.

Purdue Research Park-based company receives regulatory approval for faster and cheaper soil testing method

Thu, 5 Feb 2009 11:13:00 EST

A device manufactured by Purdue Research Park-based InMass Technologies Inc. has been approved for use in identifying wetlands and other soil conditions.

The National Technical Committee on Hydric Soils approved the use of the company's IRIS Tubes to determine whether soils meet the federal standard to be classified as "hydric," which is part of the definition of a wetland.

Zeeko Technologies expands research of optics-polishing technology

Wed, 4 Feb 2009 11:45:00 EST

Zeeko Technologies LLC, a Purdue Research Park-based company, announced Wednesday (Feb. 4) that it will further develop its high-precision polishing technology for optics manufacturing through a Small Business Innovation Research grant.

The grant, awarded by the National Aeronautics and Space Administration, will enable Zeeko to continue development of a novel tool path to be used in Zeeko's corrective polishing process.

Purdue, state, local officials announce first company, dedicate research park by new Indianapolis airport

Thu, 22 Jan 2009 10:06:00 EST

The first tenant company of the Purdue Research Park at AmeriPlex-Indianapolis was announced by Purdue University officials Wednesday (Jan. 21) during a dedication ceremony for the 55,000-square-foot incubator that will help high-tech entrepreneurs create new businesses, develop new technology and expand life sciences research in Indiana.

"We chose to locate the research park in Indianapolis because it is in the center of our statewide technology highway," Purdue President France A. Córdova said. "From northwest in Merrillville, to southeast in New Albany, our research parks continue to advance the state as a hub for innovation and discovery. This location near the new airport will provide additional incentive for national and international companies to choose Indiana as the place to do business."

Purdue, state, local officials dedicate research park by new Indianapolis airport

Tue, 20 Jan 2009 14:31:00 EST

Purdue University officials and state and local dignitaries will dedicate a new 55,000-square-foot research park at 1 p.m. Wednesday (Jan. 21) that will help high-tech entrepreneurs create new businesses, develop new technology and expand life sciences research in Indiana.

The Purdue Research Park at AmeriPlex-Indianapolis, of which the new $12.8 million technology center is the flagship, will accommodate up to 75 businesses and create 1,500 jobs with an average annual salary of $54,000. Most of the new jobs will be in the life sciences and high-tech areas.

Purdue Research Park at AmeriPlex-Indianapolis to be dedicated

Tue, 20 Jan 2009 11:58:00 EST

Purdue University officials and state and local officials will dedicate the 55,000-square-foot Purdue Research Park at AmeriPlex-Indianapolis at a 1 p.m. ceremony Wednesday (Jan. 21).

The facility is one of four Purdue Research Parks around the state that serve as incubators for startup or expanding companies. The Indianapolis research park's first tenant company will be announced during the ceremony.

Purdue Research Park company's new technology improves cost efficiency of hybrid and electric vehicles

Fri, 16 Jan 2009 13:49:00 EST

An energy management company has made a technological discovery that could reduce the cost and improve the efficiency of hybrid and electric vehicles.

Indy Power System's Multi-Flex™ Energy Management System could potentially reduce the cost of batteries – the most expensive component in electric cars – by more than 50 percent per vehicle according to internal company tests that combined power from lithium-ion batteries and lead-acid batteries. The system's hardware platform uses embedded software that manages the flow of energy between multiple types of power units – including different types of rechargeable batteries and fuel cells – and optimizes the price and performance characteristics of each.

Grant to fuel development of disease-fighting technology

Thu, 8 Jan 2009 15:59:00 EST

Kylin Therapeutics announced Thursday (Jan. 8) its plans to further develop a Purdue University technology that could allow physicians to target drug delivery for treatment of diseases ranging from AIDS to cancer.

The life sciences firm received a $1.2 million grant from the state’s 21st Century Research and Technology Fund to further bring its cancer and disease fighting biotechnology to market.

Purdue Research Park official elected president of international research parks organization

Tue, 9 Dec 2008 10:58:00 EST

Gregory Deason, director of the Purdue Research Park, on Tuesday (Dec. 9) was elected president of the Association of University Research Parks (AURP).

The election took place prior to the organization's annual conference, which will run Wednesday through Friday (Dec. 10-12) in St. Petersburg, Fla.

Purdue Research Park-based firm receives innovation award

Mon, 8 Dec 2008 11:07:00 EST

Quadraspec Inc., a Purdue Research Park-based company, received the Innovation Award at the 2008 Indiana Entrepreneurial Leadership Awards.

The Indiana Economic Development Corporation and Indiana University's Kelley School of Business Johnson Center for Entrepreneurship & Innovation present the awards annually. The Innovation Award is presented to a company that demonstrates best new practices, products or systems for today's business environment.

Indiana firm developing technology to keep high-tech tools cool

Thu, 4 Dec 2008 12:30:00 EST

A small development firm here focused on creating cooling technologies for applications ranging from the space shuttle to nuclear reactors could hold the key to unlocking the power of new consumer technologies.

Mudawar Thermal Systems announced today the Navy awarded the company a grant for up to $1.5 million to create a new software system to accelerate the development of the firm's electronics cooling systems that nearly instantly remove performance-robbing heat from electronics in devices such as avionics, X-ray machines and hybrid vehicle propulsion systems.

ICx Technologies to develop novel mass spec solution

Thu, 4 Dec 2008 09:16:00 EST

ICx Technologies (NASDAQ: ICXT) today announced a new joint research project with Purdue University's R. Graham Cooks, distinguished professor of chemistry, working through the university's Discovery Park Center for Analytical Instrumentation Development.

The research will focus on the area of novel ambient ionization mass spectrometry (AI-MS). Ambient ionization mass spectrometry allows scientists to analyze surfaces for chemicals at trace levels without the need for standard sample preparation. Mass spectrometers can now directly "sniff" surfaces for chemical markers.

Purdue Research Park donates to Food Finders Food Bank

Tue, 25 Nov 2008 12:51:00 EST

Food Finders Food Bank added to its supply that helps the less fortunate when volunteers from the Purdue Research Park brought 2,426 pounds of donated food and paper products to its Lafayette, Ind., facility.

The non-perishable food and other items were collected by employees of Purdue Research Park-based companies and the Purdue Research Foundation during a drive that began Nov. 3 and ended Nov. 21. Employees of Griffin Analytical, a business unit of ICx Technologies Inc., contributed almost 1,900 pounds of food.

Purdue Research Park announces dates, nomination information for entrepreneurship program

Fri, 21 Nov 2008 11:17:00 EST

Nominations for Indiana high school juniors and seniors in the 2009-2010 academic year are now being accepted for the third annual Purdue Research Park Entrepreneurship Academy.

The 2009 academy, which will take place June 21-26 on Purdue University's West Lafayette campus, allows students to participate in entrepreneurship-based opportunities and gain real-world business experiences. Indiana teachers, principals and other educators are asked to nominate students who excel in the areas of math, science and technology. Awards for winning team members include college tuition vouchers to help them further develop their entrepreneurial spirit and pursue a degree in higher education. All Purdue University campuses and some Ivy Tech Community College campuses accept the vouchers.

Purdue's Alfred Mann Institute provides seed funding for life science development projects

Tue, 11 Nov 2008 10:02:00 EST

Early detection of breast cancer and the healing of tendon and ligament tears are two of the first four technologies to receive $375,000 in funding from the Alfred Mann Institute for Biomedical Development at Purdue University.

"Our mission is to support the commercialization of life science technologies created at Purdue that help mankind," said John C. Hertig, executive director of the $100 million Alfred Mann Institute for Biomedical Development (AMIPurdue). "We feel these technologies that are emerging from the discovery stage have the potential to make a significant contribution toward improving health care."

Purdue Research Foundation honors faculty entrepreneurs, inventors

Mon, 27 Oct 2008 15:49:00 EDT

The Purdue Research Foundation will honor 44 Purdue University faculty and staff at its annual Inventors' Recognition Dinner on Monday (Oct. 27) in the Purdue Memorial Ballrooms.

Honorees are being recognized for breakthroughs that have resulted, or may soon result, in commercial applications to benefit society.

Purdue Research Park-based company launches line of 4 milk products

Mon, 27 Oct 2008 14:59:00 EDT

Milk consumers can now purchase a brand of milk that provides beneficial nutrients through natural means.

FAVORED® Inc., a company based at the Purdue Research Park, launched a line of four milk products in Indiana and the Northeast region of the United States. The varieties of milk - whole, reduced fat, low fat and fat free - are sold in half-gallon cartons at participating Big Y World Class Markets, Dave's Marketplace stores and Roche Bros. supermarkets in the Northeast, and 15 participating Marsh Supermarkets in Indiana.

Purdue Research Foundation receives 3 international awards for economic development

Tue, 21 Oct 2008 16:04:00 EDT

The International Economic Development Council announced Tuesday (Oct. 21) that the Purdue Research Foundation has received three 2008 IEDC Excellence in Economic Development Awards.

The International Economic Development Council is the largest professional association of economic development practitioners in the world, with members in the United States, Europe, Australia, Canada, New Zealand and other nations.

American Heart Association recognizes Purdue Research Park-based firm as a 'Fit-Friendly Company'

Wed, 15 Oct 2008 09:43:00 EDT

The American Heart Association has named Quadraspec Inc., a Purdue Research Park-based company, a "Start! Fit-Friendly Company."

"This recognition from the American Heart Association is a tribute to Quadraspec's commitment to work-life balance," said Dick Aderman, the company's president and COO. "The Purdue Research Park makes amenities such as walking trails, a fitness center and other healthy lifestyle facilities and services available to all firms located here. These amenities have fostered an even higher quality of life for Quadraspec employees, which leads to greater job satisfaction and productivity."

Purdue Research Park-based company helps dialysis centers meet new governmental regulations and aids in identifying patients' health problems

Mon, 13 Oct 2008 15:15:00 EDT

Vasc-Alert LLC, a Purdue Research Park-based company, will help kidney dialysis providers meet new governmental regulations and assist caregivers in monitoring health problems associated with patients undergoing dialysis.

The new Medicare regulations for end-stage renal disease providers, which take effect Tuesday (Oct. 14), require that dialysis clinics provide both monitoring and surveillance of dialysis patients' vascular access sites. An access site is the connection between the patient and the machine that acts as an artificial kidney to filter impurities, waste and excess fluid from the blood and returns the blood to the patient's body.

Purdue dedicated Technology Center of Southeast Indiana

Wed, 1 Oct 2008 07:45:00 EDT

Purdue University officials and local dignitaries dedicated the 40,000-square-foot Purdue Technology Center of Southeast Indiana on Wednesday (Oct. 1).

The Purdue Technology Center of Southeast Indiana is one of four Purdue Research Park centers around the state that serve as incubators for startup or expanding companies. It also is home to most of the classrooms, labs and faculty offices for Purdue's College of Technology at New Albany location.

Boot camp offered for entrepreneurs looking to take funding step

Mon, 29 Sep 2008 12:01:00 EDT

Purdue faculty, staff, students and collaborators can learn about what's needed to launch a company at the university's third annual Company Fund Raising Boot Camp on Oct. 13-14 in Discovery Park.

Michael Birck, chairman and founder of telecommunication giant Tellabs Inc. and a Purdue trustee, is the keynote speaker for the event at the Burton D. Morgan Center for Entrepreneurship, Room 121. Birck's talk, "Founding and Growing a Company," is at noon Oct. 13.

Purdue Research Park-based company detects, traps bacteria that causes foodborne illness

Thu, 25 Sep 2008 11:59:00 EDT

A Purdue Research Park-based company has developed a method to capture and detect foodborne illness-causing bacteria such as E. coli that promises to be quicker and less expensive than current conventional technology on the market.

The company's technology is based on discoveries by a research group led by Associate Professor Bruce M. Applegate in Purdue University's Department of Food Sciences.

From discovery to delivery: Purdue, alumni establish fund to help entrepreneurs move university discoveries to market

Thu, 11 Sep 2008 11:41:00 EDT

Purdue University leads the Big Ten in moving its discoveries from the laboratory to the marketplace, and with a new program and support of Purdue alumni, it stands to do even better.

"Not only is Purdue first in the Big Ten for filing patents and starting new companies, but we are third in the nation behind the University of California and the University of Utah for our respective technology transfer statistics" said Joseph B. Hornett, senior vice president, treasurer and COO of the Purdue Research Foundation, which oversees Purdue's Office of Technology Commercialization. "In 2007, Purdue had 10 startup companies based on Purdue University technologies. In 2006, we had 14 startup companies from discoveries made at Purdue.

National financial organization recognizes Purdue Research Foundation senior vice president

Thu, 11 Sep 2008 11:18:00 EDT

The Association of Financial Professionals has named Joseph B. Hornett, senior vice president, treasurer and COO of Purdue Research Foundation, to its 2008 AFP Honors Program.

Recipients for the honor were chosen from more than 100,000 national corporate financial practitioners from corporations, agencies, government, academia and nonprofits. Selection criteria included current title, professional qualifications and personal achievements. In addition, all practitioners were required to have earned the Certified Treasury Professional/Certified Cash Manager designation.

Indiana high school students complete participation in Purdue Research Park Entrepreneurship Academy

Fri, 5 Sep 2008 10:25:00 EDT

The Purdue Research Park presented college tuition vouchers to Indiana high school students who were on the top three teams in the second annual Entrepreneurship Academy.

The vouchers, which were awarded during a luncheon in the South Ballroom of Purdue University's Memorial Union, ranged from $100 to $500 and can be used to offset the costs of higher education. Tuition vouchers can be used at all Purdue University campuses, Indiana University at Kokomo and Ivy Tech. Students participating in the academy were juniors and seniors from 17 Indiana counties.

Purdue Technology Center executive earns NBIA certification

Fri, 22 Aug 2008 10:22:00 EDT

Kathy J. DeGuilio-Fox, manager of the Purdue Technology Center of Northwest Indiana has completed the National Business Incubation Association's Incubator Management Certificate program.

As business development manager at Purdue Technology Center of Northwest Indiana, DeGuilio-Fox coordinates business development services needed by firms in the incubator facility, including business plan preparation, target market assessment, and validation and valuation of associated technologies. She also assists companies in their search for sources of capital, technical resource acquisition, organizational development, and forecasting and structuring of financial aspects of new business ventures.

Purdue Research Park officials break ground on center to house global tech company

Fri, 22 Aug 2008 05:40:00 EDT

Purdue Research Park officials broke ground Friday (Aug. 22) on its new 80,000-square-foot Innovation Center, which will be home to a national software solution center for global technology giant EDS.

Innovation Center, 3400 Kent Ave., will provide 45,000 square feet of space for more than 200 software engineer and business analyst positions for EDS. The remaining space will be used for other park companies. The Purdue Research Foundation and South Bend-based Holladay Properties Inc. have formed a joint venture to develop Innovation Center, which is slated to open in early 2009.

5 in Purdue Research Park named 'Companies to Watch'

Thu, 21 Aug 2008 10:22:00 EDT

Five Purdue Research Park-based companies were named by the Indiana Economic Development Corp. in its inaugural list of 50 "Companies to Watch."

"Four of these five companies - Cook Biotech, Endocyte, Quadraspec and Simulex - have a key product that was discovered at Purdue University," said Joseph B. Hornett, senior vice president, treasurer and COO of the Purdue Research Foundation, which manages the Purdue Research Park. "The companies then developed the technology through our Office of Technology Commercialization.

International Beryllium and Purdue officials announce collaborative agreement to advance research into safer, more efficient nuclear fuels

Fri, 15 Aug 2008 08:17:00 EDT

International Beryllium Corp. and Purdue University officials announced a collaborative prelicense agreement to develop a new type of fuel for nuclear reactors that is longer lasting and more efficient than current fuels.

The objective of the prelicense agreement is to support the development an enhanced beryllium oxide nuclear fuel for commercial use in current and future nuclear power reactors.

Children experience hands-on entrepreneurship at Purdue Research Park's Just Us Entrepreneurs program

Mon, 4 Aug 2008 13:35:00 EDT

Youngsters ages 6-12 will learn more than how to sell lemonade during a three-day entrepreneurship program at the Purdue Research Park.

The 20 young participants will tour the park, learn what it means to be an entrepreneur, work with a "Robosapians," study aerial imaging and visit a manufacturing facility. The three-day program is part of the Just Us Entrepreneurs program jointly offered by the Purdue Research Park and Nancy Justice, owner of Just Us Kids daycare center, which is based in the park.

High school students win college vouchers at Purdue Research Park Entrepreneurship Academy awards luncheon

Fri, 1 Aug 2008 16:53:00 EDT

The Purdue Research Park on Friday (Aug. 1) presented college tuition vouchers to Indiana high school students who were among the top three finishers in the second annual Entrepreneurship Academy.

The vouchers, which were awarded during a luncheon in the South Ballroom of Purdue University's Memorial Union, ranged in amounts from $100 to $500 and can be used to offset the costs of higher education. Students participating in the academy were juniors and seniors from 17 counties.

High school students present business acuity following week-long Purdue Research Park Entrepreneurship Academy

Wed, 30 Jul 2008 15:51:00 EDT

More than 45 Indiana high school students will present their business savvy and entrepreneurial skills on Friday (Aug. 1) at Purdue University during the final day of the Purdue Research Park Entrepreneurship Academy.

During the program, students learned how to conceive a business plan, identify a customer base, study the competition and develop a marketing plan. Participants were divided into five-member teams. Team members worked with Purdue Research Foundation staff, Purdue University faculty, industry leaders, business experts and successful high-tech entrepreneurs.

Purdue officials announce hiring of center director, start of academic programs at Purdue Technology Center of Southeast Indiana

Wed, 30 Jul 2008 13:13:00 EDT

Purdue officials announced Wednesday (July 30) that James Marshall has been named the director for the Purdue Technology Center of Southeast Indiana and that the Purdue College of Technology at New Albany will offer courses at the new center beginning in August.

The Purdue Technology Center is one of four Purdue Research Park centers around the state that serve as incubators for startup or expanding companies. Two other centers in operation are in West Lafayette, Ind., and Merrillville, Ind. A fourth center is under construction at the Purdue Research Park at Ameriplex-Indianapolis.

Purdue Research Foundation announces 10 new companies formed from Purdue University discoveries

Fri, 25 Jul 2008 14:39:00 EDT

Purdue Research Foundation's Office of Technology Commercialization announced Friday (July 25) that 10 new startup companies were formed from Purdue University-licensed technologies.

The Office of Technology Commercialization reported that the companies were launched in the fiscal year running from July 2007 to June 2008. The office's technology transfer managers work with Purdue researchers in moving their discoveries into development and delivery through viable commercial enterprises. Most of the companies are in the fields of medical devices, life sciences, information technology, agriculture, advanced manufacturing, telecommunication and engineering design.

Purdue's new fund will help startup companies commercialize research discoveries

Wed, 2 Jul 2008 14:21:00 EDT

Purdue Research Foundation and Purdue University officials announced Wednesday (July 2) a new philanthropic initiative that will provide financial support for startup companies to expedite moving research discoveries from the laboratory through development to commercial delivery.

The Emerging Innovations Fund will provide commercialization funding support for early-stage technologies through small, finite grants. The funds to support the venture are in the process of being raised privately and initial capitalization will be $1.5 million.