BioCrossroads is a catalyst for life sciences ideas. By partnering with Indiana’s research institutions, global companies, philanthropic organizations and government to advance growth and innovation, we make connections for all of Indiana’s life sciences community and work to accelerate its success. Indiana is one of the top regions the U.S. for life sciences activity. It boasts statistics that rival coastal hubs of activity and has gained national recognition for leadership in the life sciences. BioCrossroads seized an opportunity to do more with the state’s life sciences corporate and academic assets and bolster tremendous growth to the sector by building unique collaborations, marketing its strengths, igniting a capital market, moving research from laboratory to the patient, and developing a one-of-a-kind institute to accelerate research and commercialization. The result is a vibrant and uniquely collaborative life sciences state-wide community that has increased its economic impact to the state by almost $30 billion in 12 years ($32B in 2002 and $62B in 2014, an impressive growth rate with several recession years in the mix). The magic combination of Indiana’s depth and breadth of life sciences resources together with BioCrossroads’ continuing ability to harness those assets into actionable outcomes like the organization of venture funds, the Indiana Biosciences Research Institute development, and the generation of other unique private-public partnerships is unprecedented, has secured a strategy for Indiana’s economic future as well as for the health of its citizens and the rest of the world.
Starting from a firm foundation of proven academic and industry assets, BioCrossroads has launched several businesses and industry/academic collaborations to pursue new life sciences opportunities. The organization also has provided a platform for the launch of other enterprises, including funding and science education initiatives.
The Indiana Health Information Exchange operates the nation’s largest health information exchange, providing a secure, interoperable health IT network to connect 100 hospitals, care facilities, health clinics and other healthcare providers. IHIE supports the Indiana Network for Patient Care/CareWeb and provides the DOCS4DOCS® Service along with other clinical support services.
Formed in 2009 with initial funding from the Lilly Endowment, OrthoWorx (www.orthoworxindiana.com) is a community-based initiative that works strategically and collaboratively with the orthopedic industry, life sciences partners and regional stakeholders to advance the orthopedic industry for generations to come. Through a spirit of innovation and community, OrthoWorx advances its mission though five initiatives: Education & Workforce Development, Community Enhancement, Innovation & Entrepreneurship, Transportation & Logistics and Branding & Awareness.