New Fund Builds on Partnership, Boosts Startups

2014-02-04T11:58:00Z New Fund Builds on Partnership, Boosts StartupsGerry Dick Inside Indiana Business nwitimes.com
February 04, 2014 11:58 am  • 

A new collaboration between Purdue University and Cook Medical is part of a larger effort to support the school's life sciences startups and move innovation to the public more quickly. Purdue Research Foundation President Dan Hasler tells Inside INdiana Business the $12 million fund is another addition to the "building ecosystem" at Purdue. He says the initiative also expands a longtime relationship with Bloomington-based Cook Medical. Hasler and Cook Biotech Inc. President Mark Bleyer will discuss the partnership this weekend on Inside INdiana Business Television.

Meijer Looks to Hire Hundreds

A Midwest retailer is planning to fill more than 540 positions for two new central Indiana stores. Michigan-based Meijer Inc. is opening in Whitestown and Plainfield this summer and is asking potential employees to apply online.

Lechleiter Calls For Cancer Research Reforms

Indianapolis-based Eli Lilly and Co. Chief Executive Officer John Lechleiter is calling for reforms on clinical cancer research and regulation. In an op-ed for the Wall Street Journal to mark World Cancer Day, he promotes "more innovative clinical trial designs" and increasing cancer patient awareness.

Cummins Extends Ed Initiative to Nigeria

Engine manufacturer Cummins Inc.has announced an agreement to offer a skills training program in a key African market. The Nigerian collaboration involves the Columbus-based company's Technical Education for Communities initiative and is expected begin in May.

Economic Group Taps IEDC Exec as President

The Greater Kokomo Economic Development Alliance has named Charlie Sparks chief executive officer. He currently serves as vice president of the Indiana Economic Development Corp.

Pence, Governors Seek Propane Assistance

Gov. Mike Pence is part of a group of Midwest governors urging The White House and federal agencies to increase propane supplies. Governors of Iowa, Kansas, Michigan, Minnesota and Ohio are also taking the issue to President Obama.

Ossip Plans Expansion, HQ Move

Indianapolis-based Ossip Optometry is planning to relocate its headquarters to Fishers and add nearly five dozen jobs by 2018. The company wants to invest $3 million into the project and has been approved for tax abatement from the town council.

Solstice Medical Selects New CEO

Columbia City-based Solstice Medical LLC has named Todd Melioris chief executive officer. He had been with health care technology startup hc1.com. Solstice Medical founder and former CEO Daniel Sands will remain executive chairman and serve as chief strategy officer.

Vera Bradley Shuffles Executives

Fort Wayne-based Vera Bradley Inc. has announced several key leadership changes. Kevin Sierks has been named executive vice president and chief financial officer, while Pamela Sours is now senior vice president of operations.

Harlan Labs Announces Asian Region Executive

Indianapolis-based Harlan Laboratories Inc. is taking a step to expand its presence in the Asia region. The company has hired Urvashi Gupta to help lead the effort.

Carmel Chamber Elects Board Chair

The Carmel Chamber of Commerce has named Ron Hanson chair for 2014. He is a co-owner of Hamilton County-based Hanson & Snyder Personal Financial Advisors.

For more Inside Indiana Business, visit www.insideindianabusiness.com.

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