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Indiana Plans Research Center …

by Michael McCoy
June 10, 2013 | A version of this story appeared in Volume 91, Issue 23

Leading Indiana companies and universities are joining to form the Indiana Biosciences Research Institute, which they say will be the first industry-led collaborative life sciences research institute in the U.S. Companies such as Eli Lilly & Co., Dow AgroSciences, and Roche Diagnostics are backing the institute, as are Indiana University, Purdue University, and the University of Notre Dame. The institute expects to garner $360 million in funding. For now, however, the only committed funding is $25 million from the state of Indiana. Another $25 million is being sought from industry and philanthropic sources to be used, in part, to recruit a CEO and research fellows. The remaining funds will be sought from corporate and philanthropic sources.

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