With $138M grant from Lilly Endowment, IU launches initiative to accelerate bioscience innovation
IU News Press Release: https://news.iu.edu/live/news/43205-with-138m-grant-from-lilly-endowment-iu-launches Funding will support IU LAB, a state-of-the-art facility at 16 Tech harnessing Indiana’s extensive resources to become national leader in bioscience discovery, commercialization, talent development INDIANAPOLIS — Indiana University will lead significant advances in human health and help make Indiana a global leader in bioscience innovation by establishing the IU Launch Accelerator for Biosciences, known as IU LAB, at the 16 Tech Innovation District in Indianapolis. The first-of-its-kind academic-industry initiative is supported by a $138 million Lilly Endowment Inc. grant to the IU Foundation — IU’s largest grant ever in support of research and development. In collaboration with some of the state’s key biosciences organizations — including IU, IU School of Medicine, 16 Tech, Central Indiana Corporate Partnership, BioCrossroads, Indiana Biosciences Research Institute, Regenstrief Institute and IU Health — IU LAB will drive advancements [...]