Indiana Biosciences Research Institute

Indiana Biosciences Research Institute
FormationMay 1, 2013; 11 years ago (2013-05-01)
TypeResearch Institute
HeadquartersIndianapolis, Indiana, U.S.
Region served
Indiana
Staff100
Websitehttp://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]

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:

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.