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Pharmaceuticals
Purdue Research Parks to Close Chao Center
by Ann M. Thayer
May 3, 2010
| A version of this story appeared in
Volume 88, Issue 18
Purdue Research Parks, run by Purdue University’s Research Foundation, is closing the Chao Center for Industrial Pharmacy & Contract Manufacturing, in West Lafayette, Ind. Initially funded by a $5 million gift, the five-year-old center wasn’t able to become self-sustaining in supplying services to pharmaceutical industry customers, Purdue says. It also produced legacy and small-volume drugs, such as seromycin, one of a limited number of drugs effective against multi-drug-resistant tuberculosis.
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