Last March, the Indiana Center for Biomedical Innovation (ICBI) opened its doors with a goal to provide a platform for academic entrepreneurs to translate their discoveries into commercial products for health care.
On Monday, April 10, we will celebrate ICBI's first anniversary from 5:00 to 6:30 p.m. at IU Health Noyes Pavilion.
We look forward to your participation and continuing support for the entrepreneurs engaged in developing health care solutions in Indiana!
ICBI was created with a partnership between IU School of Medicine, IU Heath and the Indiana CTSI in order to fill a critical gap in the entrepreneurial ecosystem in Indianapolis. Below are some of the highlights of programs that we have pursued to “Inform-Engage-Enable” academic researchers to transform their discoveries into life-saving therapies. A continuum of translational research and commercialization has been created through a pipeline of translational projects supported by Indiana CTSI -- some of which are being transformed into technologies at ICBI. The ICBI now has 10 startup health care companies developing innovative therapies for major unmet medical needs.
A range of translational research funding from Indiana CTSI is enabling the advancement of new technologies for commercialization. Six unique health care technologies from IU School of Medicine were funded for further development in 2016. In addition, ICBI supported multiple SBIR/STTR grant applications.
The ICBI Advisory Council consisting of the region’s leading experts in medicine, science, translational research and go-to-market strategy provides advice and mentorship to entrepreneurial researchers. ICBI has created a platform for training and mentoring opportunities through its “Entrepreneur in Residence Program,” “Innovation to Startup Forum,” postdoc open house, ICBI internship, SPARK-Stanford, Accelerating Women and Underrepresented Entrepreneurs (AWARE) and Indiana CTSI consortium’s Michigan Course and I-Corps training. ICBI harnesses the deep expertize of industry by catalyzing interactions between industry and IU School of Medicine scientists through its Expertise Database and “Scientific Exchange Forum.”
Recently, a new program on developing medical device-based solutions using ideas from physicians has been initiated.