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Thursday, March 24, 2011
BIO Institute orchestrates business leadership in the service of educational programs and job-creating technology startups.
PROPEL helps to guide the development of formation-stage and early-stage life sciences companies through a series of programs.
It provides entrepreneurs with access to specialized resources and expertise and since its inception over 60 companies, with more than 190 jobs, have leveraged nearly $36m in capital.
posted in: EmployerNews, Illinois, News
Wednesday, November 25, 2009
The United States is often seen as the world’s technology leader, but the 21st century could bring some challenges to the throne.
Consider this: The Rand Corp., a nonprofit research organization, reported in a 2008 document, U.S. Competitiveness in Science and Technology, that the European Union awarded 41,000 science and engineering doctorates in 2002 compared to America’s 27,000. In the paper, Richard Freeman, a research associate with the National Bureau of Economic Research, forecast that by 2010 Europe will produce twice as many doctorates in the field as the United States, and China will produce about 25 percent more than the U.S.Read Full Article
Friday, October 23, 2009
The Illinois Biotechnology Industry Organization Institute (iBIO Institute)
honored two of Illinois` leading educators last night at the third annual iBIO
Institute iCON Awards Dinner at the Four Seasons Hotel in Chicago. As the
region`s most prestigious honor, the iBIO Institute presents two iCON Awards to
celebrate the achievements of the most inspired academic, civic, and business
leaders who cultivate education, training, and scholarship in the life sciences
in Illinois.
The 2009 iCON Knowledge Builder Award (Grades 6-12) isTerry Meyer, a science
teacher at Red Bud High School. The 2009 iCON Innovator Award (University Level)
is Thomas Meade, PhD, a professor of chemistry and related fields at
Northwestern University.Read Full Article
Wednesday, October 14, 2009
ince its launch in 2001, NanoInk Inc. has maintained its headquarters in the Corn Belt state where, to hear Hussey tell it, research grows to the sky but commercial applications rarely sprout.
“It’s a terrible problem. It’s a very hard state to be in,” he said. “We have no public-private partnerships. We have no incentives to move people here. We have no assistance for entrepreneurs. It’s easier to do the Olympics. ... You can’t get a single dollar for the start-up.”
OK, maybe it’s not that bad.
Illinois has a booming health-care corridor led by Abbott Laboratories. The state has attracted big technology firms, foreign technology companies and technology research dollars through Fermilab, Argonne National Laboratory and its universities. Later-stage companies with clear business prospects have had some good luck finding financing.Read Full Article
Sunday, October 11, 2009
The Illinois Biotechnology Industry Organization Institute (iBIO Institute) announced that as of October 5, 2009, more than 400 high school and community college students have participated in Science Career InvestigationTM, an Internet-based career exploration program announced just three weeks ago. An analysis of web traffic showed that the program already has attracted 445 unique visitors who spent on average 13 minutes per visit reviewing 23 web pages.
Science Career Investigation (SCI) is part of the iBIO Institute’s Finding Your FutureTM programs. Utilizing the vast experience and expertise of industry professionals, SCI gives students current and accurate information about science jobs. The website (http://www.finding-your-future.org) presents details about more than 250 science and business occupations in Illinois life sciences, including job descriptions, skills and education requirements, expected salary ranges and how to advance in a given career.
At SCI’s September 14th launch event at Harold Washington College in Chicago, Illinois Governor Pat Quinn and other dignitaries expressed strong support for the innovative program. They referred to SCI as another important step toward improving math and science education in the state, and helping to grow the state’s economy.Read Full Article
Monday, October 05, 2009
The Biotechnology Industry Organization (BIO) today announces future locations of the BIO International Convention. The Convention next heads to Chicago for the 2010 BIO International Convention, being held May 3-6 at McCormick Place. The Convention was last held in Chicago in 2006.
“We are excited to bring the world’s largest gathering of the biotechnology industry to Chicago in 2010. Chicago and the Midwest region are home to a robust biotech hub and a thriving academic community. The Convention will help showcase the regional biotechnology community and drive further biotech investment throughout the Midwestern United States,” said Jim Greenwood, President and CEO of BIO, producer of the BIO International Convention. “The Convention draws a global focus to the host region’s biotech community, helping attract continued biotech investment.”
“Those of us in the Midwest’s diverse biosciences community are enthusiastic about the return of the BIO International Convention,” said David Miller, President and CEO of iBIO and the iBIO Institute. “Chicago is an ideal international showcase for our medical, agricultural, and industrial biotech contributions, and the Convention remains the best event on the planet for learning and sharing with colleagues from around the world.”Read Full Article
Tuesday, September 08, 2009
CSL Biotherapies, a subsidiary of CSL Limited, one of the world’s leading manufacturers of influenza vaccine, announced that the U.S. Food and Drug Administration (FDA) has licensed the company’s newest vaccine filling and packaging facility, located in Kankakee, Ill. The facility, part of an investment to expand CSL’s U.S. influenza vaccine production capabilities, includes a high-speed, single-dose vaccine syringe filling line.
The primary function of the Kankakee facility is to provide filling and packaging services for CSL Biotherapies’ influenza vaccine supply to the U.S. market. That supply is manufactured in Australia. CSL Biotherapies completed production of its seasonal influenza vaccine, Afluria®, in early July and will deliver more than 8 million doses of Afluria for the upcoming influenza season. The majority of that delivery will be in thimerosal-free, prefilled syringes.Read Full Article
Thursday, August 20, 2009
Illinois has long been one of the pioneers in medical innovation. With more than 200 academic, government and nonprofit research institutions and numerous global drug and medical device companies, our state is a leader in providing important therapies for diseases.
Researchers across our state relentlessly seek cures for cancer, heart disease, Alzheimer’s and other afflictions. More than 3,200 life-saving medicines are in the development stages right here in Illinois. They give hope to families whose lives have been disrupted by these diseases.Read Full Article
Sunday, August 09, 2009
Chicago software provider SPSS Inc. reported financial results for one of the last times this week, as giant IBM prepares to absorb it in a $1.2 billion buyout.
Get ready for another local tech star to wink out.
For the city, it’s the same old story: Whenever a technology-based enterprise gathers momentum, it’s time to wave goodbye.Read Full Article
Wednesday, July 22, 2009
WASHINGTON--(BUSINESS WIRE)--The Biotechnology Industry Organization (BIO) invites leaders in science, finance, business, law, and government policy to submit proposals for breakout sessions at the 2010 BIO International Convention, the global event for biotechnology, to be held May 3-6 at the McCormick Place Convention Center in Chicago, IL.
The BIO International Convention will highlight the latest trends and the newest opportunities for executives, investors, scientists, policy leaders, and media from around the world. Speakers at the sessions will share breakthroughs in medicine, diagnostics, the environment, energy production, business operations, financing, partnerships, policy issues and food and agriculture.Read Full Article
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