Category: Indiana

Purdue Develops New Strategy for Drug Discovery

Research scientists often confront the “valley of death”—the gaping hole that exists between laboratory discoveries and their transformation into new medical treatments and products. And the most lethal factor for most researchers is money. However, Purdue University is blazing an unusual trail to help make ends meet in translational research. Rather than rely on traditional […]

Indiana University Researchers Score $160K in Translational Research Grants

Seven researchers at Indiana University have received more than $160,000 in grants from the Johnson Center for Innovation and Translational Research. The center’s Translational Research Pilot Grant program aims to fund the completion of proof-of-concept projects. The grant program was launched last year. The university says the projects that receive funding will “support the development […]

Ara Parseghian Medical Research Fund launches at Notre Dame 

Building on the partnership that the University of Notre Dame formed with the Ara Parseghian Medical Research Foundation in 2010, the University has now established the Ara Parseghian Medical Research Fund and is moving the administrative functions and granting process of the foundation from Tucson, Arizona, to Notre Dame. Through this partnership, the Parseghian family […]

University of Indiana’s PrecisionHawk Announces DuPont as Newest Investor

DuPont joins an investor group that includes Intel Capital, Verizon Ventures, Yamaha Motor, USAA, NTT Docomo, Millennium Technology Value Partners and the Innovate Indiana Fund PrecisionHawk – a leading provider of aerial data and safety platforms for drones – announced today that DuPont has joined its previously announced round of series C funding. As a […]

Purdue Ventures to Oversee Startup Investments

The combined investment resources for Purdue University-affiliated startups will now be managed by a single entity. The newly-created Purdue Ventures will oversee the deployment of $37 million in investments from the Purdue Research Foundation’s multiple funding resources. Dan Hasler, president and chief entrepreneurial officer of the Purdue Research Foundation, says it makes sense to put […]

Purdue University $10M Fund Focuses on Startups

Purdue University has announced a $10 million fund for entrepreneurs to launch businesses. The Purdue Startup Fund will be jointly funded by alumni of the university and the Purdue Research Foundation. Purdue Foundry Director of Venture Capital and Funding Resources John Hanak says he expects the new fund to boost startup activity. “What makes this […]

Purdue startup receives funding to accelerate innovation to treat MS pain

The Elevate Purdue Foundry Fund has awarded Neuro Vigor a $20,000 “Black Award” to accelerate commercialization of its drug therapy for pain in multiple sclerosis. “This early stage award is the result of a very competitive process and recognizes Neuro Vigor’s progress to date and its potential as a future target for other investors with […]

Indiana University to fund $300M in research

Indiana University will invest at least $300 million during the next five years in a new research program designed to develop transformative solutions to world problems. Titled the Grand Challenges research program, it will fund up to five large-scale research projects that will be selected through a competitive review process, the university announced Wednesday. Applications […]