Indiana’s life sciences economy comprises 1,751 companies employing 56,000 personnel with annual salaries of more than $97,000, and it makes a $79 billion annual economic contribution to the state. Indiana ranks 2nd in the nation with $10.2 billion in life sciences exports in 2018. Source: BioCrossroads.
Bringing together companies and universities
In 2012, Indiana state, civic, corporate and academic leaders called for the creation of an independent applied research institute to serve as a novel, mutually beneficial bridge between industry and academia.
The goal is to capture and accelerate game-changing, outcome-driven research—both industry sponsored and publicly funded—through the attraction and retention of world-class talent to the IBRI.
The IBRI exists to bring together companies and universities to work collaboratively on globally significant interrelated health issues with a disproportionate impact on Hoosiers: diabetes, metabolic disease and poor nutrition.
The IBRI’s laboratories and offices are housed in approximately 20,000-square feet of leased space in Indiana University School of Medicine’s Biotechnology Research and Training Center at 1345 W. 16th Street on Indianapolis’ near-westside, near the border of the planned 16 Tech Innovation District.
Following the groundbreaking ceremony last fall, the IBRI will eventually occupy 68,000 square feet of the new Advanced Research and Innovation Building in 16 Tech, including office, innovation, collaboration and laboratory space. Completion and move-in is scheduled for mid-2020.
See the IBRI leadership teams