NEW YORK, July 5 - Indiana University has recently bought office space in downtown Indianapolis that will serve as a new life-science incubator, according to a spokeswoman for the university.
The 55,000-square-foot facility, co-purchased by the school's Advanced Research and Technology Institute and dubbed the Emerging Technologies Center, is expected to open in late fall.
"Without a life science incubator in the past, Indiana University has had no way of transforming its research into projects," the school said in a recent statement. "Now, university scientists and researchers can stay home to find the help and potential funding they need to grow."
The incubator will have access to the Indiana Genomics Initiative the Indiana University Medical School the Indiana Proteomics Consortium, which is a venture between the ARTI, Lilly, and the Purdue Research Foundation; the Regenstrief Institute, and the school of informatics.