Indiana Biosciences Research Institute

Last updated
Indiana Biosciences Research Institute
FormationMay 1, 2013;11 years ago (2013-05-01)
TypeResearch Institute
Headquarters Indianapolis, Indiana, U.S.
Region served
Indiana
Staff
100
Website http://indianabiosciences.org

The Indiana Biosciences Research Institute (IBRI) is an American nonprofit translational research organization headquartered in Indianapolis, Indiana, United States [1] within the 16 Tech Innovation District. [2] The IBRI is the nation's first industry-led collaborative life sciences research institute. [3] Its primary focus is on better understanding the pathogenesis of type 1 and type 2 diabetes to translate this knowledge into novel therapies, [4] while also expanding into other metabolic diseases that share common systems and pathways. [5]

Contents

History

In 2012, pharmaceutical executive John C. Lechleiter from Eli Lilly & Company initially proposed the IBRI. [6] [7] In 2013, Indiana governor Mike Pence announced the formation of the IBRI. [8] Pence later worked with life sciences leaders to secure $25 million in startup funds from the state. [9]

In 2015, the IBRI hired David Broecker as CEO. [10] In late 2015, the Indianapolis City-County Council approved $75 million to build a technology park called 16 Tech. [11]

In February 2016, IBRI, along with Governor Mike Pence, announced $100 million in new funding from the Lily Endownment Inc. and the Eli Lilly and Company Foundation. [12] Later that year, in October, the IBRI hired Rainer Fischer as Chief Scientific Officer. [13] [14]

In 2017, Governor Eric Holcomb reaffirmed the commitment made by his predecessor Mike Pence. [15] [16] [17] In August of that same year, Innovation Officer Rainer Fischer was named CEO. [18] He stepped down in 2019. [19] In September 2020, Alan Palkowitz was named president and CEO of the IBRI. [20]

In September 2024, IBRI and Indiana University announced the creation of a joint center of excellence. The new center, the Joint Center of Excellence for Point of Care, will advance innovation and treatment in four disease areas: diabetes and metabolism, pediatric rare diseases, cancer, and Alzheimer's disease. [21]

Leadership

Appointees to the IBRI’s Board of Directors include:

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References

  1. ↑ Rudavsky, Shari (February 24, 2016). "New biosciences institute gets $100M". Indianapolis Star . Retrieved June 22, 2017.
  2. ↑ Orr, Susan (March 16, 2022). "16 Tech Promotes Emily Krueger to Chief Executive". Indianapolis Business Journal . Retrieved August 15, 2022.
  3. ↑ "Bioscience Research Institute Creates a 'Petri Dish' for Innovation". Crain Communications . June 30, 2016. Retrieved June 22, 2017.
  4. ↑ "IBRI Welcomes New Leader". Inside INdiana Business. Retrieved 2022-08-16.
  5. ↑ "How We Study Alzheimer's and Potential Treatments". Indiana University Precision Health Initiative, Healthcare Triage. Retrieved 2022-08-16.
  6. ↑ Lechleiter, John (March 31, 2015). "From hunting to farming, medicines development takes a big leap forward". Forbes . Retrieved June 22, 2017.
  7. ↑ Pogorelc, Deanna (May 30, 2013). "Eli Lilly, Roche, device makers collaborate on new public-private research institute in Indiana". MedCity News. Retrieved June 22, 2017.
  8. ↑ Pence, Mike (May 30, 2013). "Governor Pence Announces Indiana Biosciences Research Institute". YouTube . Retrieved June 22, 2017.
  9. ↑ Nather, David (July 16, 2016). "With Pence pick, Trump just made women's health a top-tier election issue". PBS . Retrieved June 22, 2017.
  10. ↑ Swiatek, Jeff (May 19, 2015). "New CEO of bioscience institute looks to hire researchers, raise millions". Indianapolis Star . Retrieved June 22, 2017.
  11. ↑ Eason, Brian (November 9, 2015). "City-County Council OKs $75M for Indianapolis tech park". USA Today . Retrieved June 22, 2017.
  12. ↑ "Governor Pence Joins Indiana Biosciences Research Institute to Announce $100 Million in Grants Supporting Scientific Innovation". The Indiana Republican Party. 2016-02-24. Retrieved 2024-10-01.
  13. ↑ Ober, Andy (October 4, 2016). "IBRI hires European bioscience giant". Inside INdiana Business. Retrieved June 22, 2017.
  14. ↑ Russell, John (April 1, 2017). "FOCUS: Biosciences institute's chief scientific officer aims to foster commercialization". Indianapolis Business Journal. Retrieved June 22, 2017.
  15. ↑ Redman, Mary-Rachel (January 16, 2017). "Roche CEO: IBRI Will Succeed Where Others Have Failed". Inside INdiana Business. Retrieved June 22, 2017.
  16. ↑ Lange, Kaitlin (April 21, 2017). "How Gov. Holcomb's priorities fared in the state budget". Indianapolis Star . Retrieved June 22, 2017.
  17. ↑ Heinz, Katie (January 5, 2017). "Governor-elect Eric Holcomb unveils 2017 legislative agenda". WRTV . Retrieved June 22, 2017.
  18. ↑ "Indiana Biosciences Research Institute Names Dr. Rainer Fischer CEO". BioSpace. 2017-09-01. Retrieved 2024-10-24.
  19. ↑ "Indiana Biosciences Research Institute's top exec steps down, citing health problems". Indianapolis Business Journal. 2019-04-17. Retrieved 2024-10-24.
  20. ↑ "Palkowitz named Indiana Biosciences Research Institute President and CEO". news. 2020-09-02. Retrieved 2024-10-24.
  21. ↑ "IU, Indiana Biosciences Research Institute form center to advance point-of-care precision medicine". news.iu.edu. Retrieved 2024-11-11.
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