It is our mission to secure Indiana’s position as a global leader in life sciences by advocating, connecting, promoting, and delivering tangible benefits on behalf of our diverse corporate members.
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Special offer for IHIF Members - Save $100 - See Upcoming Events for details |
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This month's highlights:
- Introducing New Members
- Member News
- Industry News
- Upcoming Events
- IHIF's Policy Corner
- COVID Updates
- BIO Business Solutions Featured Vendor
- Member Special Offers
- Become a Member of IHIF
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IHIF members are eligible for discounts and savings on a wide variety of products and services geared towards life sciences companies and general business needs. From lab supplies and insurance to office supplies and credit cards, there is something here for most every company. Explore your options and enjoy the benefits of being an IHIF member! |
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May will be Scotland Extravaganza month at IHIF as we look forward to hosting members of the Scottish Lifesciences Association (SLA) here in Indiana! Throughout the month, life sciences companies from our partner organization will be here to explore market opportunities in the U.S., find business and manufacturing partners, and connect with healthcare delivery experts. IHIF will be facilitating meetings, making introductions, and helping get the ball rolling for both new and returning SLA members. Please check out the list of participating companies and drop us a note if you would like to meet with any of the businesses. We will be hosting networking events throughout the month as well,
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VC Investment Surpasses $1B in 2021
For the first time, Indiana has topped $1 billion in venture capital investment. The 2021 Indiana Venture Report from Indianapolis-based Elevate Ventures says the state saw 159 deals totaling $1.4 billion last year, which is a 186% increase over 2020 and exceeds the total amount invested in 2019 and 2020 combined. Ting Gootee, chief investment officer for Elevate Ventures, says the numbers are the result of more capital being available and a growing number of late-stage deals that bring more dollars. Read More (Source: Inside Indiana Business)
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Pharma Leads $500 Million Investment Total in 2021
While the pandemic provided a business backdrop unlike any other in history, Indiana’s life sciences industry saw “extraordinary” growth in 2021, says the Indiana Economic Development Corp. Twenty-three life sciences companies in the state committed to investing over $500 million in 2021, and the pharmaceutical sector led the charge, accounting for $381 million of that total. Uniquely positioned for life sciences manufacturing, Indiana is the only state in the U.S. to produce all three COVID-19 vaccines, which also sparked pharma companies to invest heavily in their operations last year.
Read More (Source: BioCrossroads and Inside Indiana Business)
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Welcome New IHIF Members and Strategic Partners! |
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Follow IHIF on Twitter to keep up with all of the latest news, events, and exclusive member benefits!
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Noblesville is a city where commerce, culture, and community are influenced by our rich authentic history and innovative future. At the core of one of the fastest-growing counties in the country, Noblesville offers a quality of life abundant with local and regional amenities. As a part of focus and strategic plan to grow our community, we're focusing on attracting new companies from the life science innovation, health technology, advanced manufacturing, wholesale trade, and professional and financial services sectors. Our team would love the opportunity to share more about what the City of Noblesville has to offer and are happy to answer any questions regarding moving and/ or expanding into our city. |
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Lilly Drug Gains Additional FDA Approval
The U.S. Food and Drug Administration has awarded another approval for Jardiance, developed by Indianapolis-based Eli Lilly and Co. (NYSE: LLY) and Boehringer Ingelheim in Germany. The company says Jardiance has been approved to treat adults with any type of heart failure. Read More (Source: Inside Indiana Business)
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Record Research Funding for IU School of Medicine
For the sixth straight year, the Indiana University School of Medicine is celebrating a record-breaking year of research funding. In 2021, the institution brought in more $217 million from the National Institutes of Health, which is $5 million more than the previous year. Of the top 20 research projects throughout the U.S., eight departments of the IU School of Medicine appear on the list. Read More (Source: Inside Indiana Business)
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Bristol Myers Squibb's chimeric antigen receptor T-cell therapy Breyanzi, or lisocabtagene maraleucel, also known as liso-cel, was granted priority review by the FDA for adults with relapsed or refractory large B-cell lymphoma as a second-line treatment. A supplementary biologics license application was submitted by BMS to the FDA seeking expanded approval for the new indication, and the agency set the PDUFA decision date for June 24.
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The Biotechnology Innovation Organization released a report that analyzed antibacterial innovation, the current pipeline for new antibiotics, investment challenges and probable policy solutions that would back new treatment development. The need for new and effective antimicrobials is urgent and, "this new report illuminates the unfortunate reality of the antimicrobial market and why policymakers should act now to help address its unique challenges and support innovation," said BIO President and CEO Michelle McMurry-Heath.
The State of Innovation in Antibacterial Therapeutics, available here.
New Report Outlines Best Practices in Bioscience Economic
Development Initiatives
The Biotechnology Innovation
Organization (BIO), in partnership with the Council of State Bioscience Associations
(CSBA), released a new report on bioscience economic development best practices, “Driving the Bioscience Economy Forward During the COVID-19 Pandemic: Best Practices in State and Regional Economic Development Initiatives.”
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Inotiv Acquires Orient BioResource Center
West Lafayette-based Inotiv Inc. (Nasdaq: NOTV) has acquired Orient BioResource Center Inc. in Texas. The deal for the primate quarantine and holding facility is valued at more than $51 million in cash and stock. Read More (Source: Inside Indiana Business)
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Ivy Tech Creates Entrepreneurship & Innovation School
Ivy Tech Community College has established a new School of Entrepreneurship & Innovation. Ivy Tech says the school was launched in partnership with Regional Innovation and Startup Education to offer an Entrepreneurship Certificate program that can be completed in two semesters. Read More (Source: Inside Indiana Business)
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BioCrossroads celebrates two decades of advancing Indiana’s life sciences sector
February 13, 2022 marked their 20th anniversary
Back in the early 2000’s no one had a doubt that Indiana was home to world-class life sciences assets, but the community was missing the opportunity to collectively advance their strengths. A coalition of organizations and business leaders decided to ensure that Central Indiana and the entire state, took advantage of the sector. With a more than 100-year legacy of life sciences with companies including Eli Lilly and Company, Roche Diagnostics, Cook Medical, and Zimmer BioMet; a significant number of contract research and manufacturing organizations; an emerging start-up community; and three research universities, there was a lot to be gained by having the sector work collaboratively.
Indiana life science companies land a record $433M in venture capital in 2021
Indiana’s life-sciences sector, often hailed as a key driver of the state’s economy, landed a record $433 million in venture funding last year, despite the COVID-19 pandemic that challenged so many other sectors, from restaurants to airlines.
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The FDA approved Kaleo's Naloxone Auto-Injector 10mg, or naloxone hydrochloride injection, for use by chemical incident responders or military personnel in incidents where high potency synthetic opioids, such as fentanyl and carfentanyl, may have been used as a suspected chemical weapon. The Naloxone Auto-Injector is used as an emergency treatment for people aged 12 years old and older.
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Cellexus commit to quality with ISO 9001:2015 certification
Cellexus are proud to have achieved ISO 9001:2015 certification.
This internationally recognised standard ensures the CellMaker airlift, single-use bioreactor systems and related technology are delivered to a high standard through an effective quality management system.
This achievement demonstrates a commitment to consistently providing products that meet customer and regulatory requirements, as well as to continuous improvement throughout the business.
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Purdue Life Sciences Company Receives NSF Grant
A life sciences company based out of a Purdue University professor’s lab has received a nearly $975,000 Small Business Innovation Research grant from the National Science Foundation. GeniPhys says it will use the two-year grant to scale up manufacturing capabilities to commercialize its initial product. Read More (Source: Inside Indiana Business)
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Ortho - Italian Company Buys Danco Medical in Warsaw
Italian contract manufacturer Lincotek Group has acquired a majority stake in Danco Medical from Danco Anodizing in Warsaw. While financial terms of the deal were not disclosed, Lincotek says the acquisition strengthens its medical division and gives the company a more competitive edge in a wide range of projects. Read More (Source: Inside Indiana Business)
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Wabash College Professors Land NSF Grant
Two Wabash College professors have been awarded a nearly $470,000 grant from the National Science Foundation. The college says the funding will be used to study the impacts of protein level control on human development and disease. Read More (Source: Inside Indiana Business)
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$5M Gift to Bolster Muscular Dystrophy Efforts at Riley
An Indiana family has given $5 million to Riley Children’s Health to help the hospital become a national leader in the research of Duchenne muscular dystrophy, a rare, genetic condition that is characterized by progressive muscle damage and weakness. Riley Children’s Foundation says the donation is from... Read More (Source: Inside Indiana Business)
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Cimtech Expanding in New Albany
New Albany-based Cimtech has announced plans to grow its southern Indiana operations. The precision manufacturer says it will invest $2.3 million over the next 10 years to add nearly 14,000 square feet of space and a small number of jobs.
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Medartis to Acquire Nextremity Solutions
Medartis intends to acquire Nextremity Solutions (NSI), developer of devices for the musculoskeletal extremity market. Total purchase price will be up to USD $70 million, and includes milestone and earn-out payments of up to $30 million. The transaction is slated to complete within 1H22, with initial products launched in early 2023. Read More (Source: Bonezone)
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Parkview Health Launches E-Commerce Website
Parkview Health in Fort Wayne has partnered with Best Buy to launch a website where patients can buy assorted medical devices and wellness products. The health system says the website will feature products recommended by Parkview professionals that are helpful for managing, tracking and monitoring health. Read More
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Zimmer Completes Spinoff, ZimVie Launches
Warsaw-based Zimmer Biomet Holdings Inc. (NYSE and SIX: ZBH) says it has completed its spinoff of ZimVie, the company’s former dental and spine business. It now trades on Nasdaq under the symbol “ZIMV.” Read More (Source: Inside Indiana Business)
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Zimmer Biomet Plans to Hire Dozens
Warsaw-based Zimmer Biomet Holdings Inc. (NYSE and SIX: ZBH) is looking to hire 100 people in the Warsaw area as it expands its digital technologies. Zimmer Biomet says the jobs are on-site or partially remote in the engineering, operations and quality assurance departments. Read More
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Zimmer Biomet is rolling out its WalkAI tool, which uses artificial intelligence to project outcomes in patients 90 days after they undergo hip or knee surgery. It has been launched to certain users of Zimmer's MyMobility care management platform and will see a full release on the ZBEdge platform by end of March. Read More (Source: MassDevice)
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What We're Following at Home and on the Hill
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IHIF Actions:
- Wrap-up of 2022 Session of the Indiana General Assembly
- Letters to Indiana Senators supporting reform of the drug rebate system
- Joined multi-state letter opposing use of march-in rights on Xtandi
- Signed on to multi-state letter to Congress opposing changes to R&D expense calculations
- Joined letter to Congressional Leadership encouraging policymakers to maintain the existing Qualified Small Business Stock (QSBS) framework.
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Share the Savings gains momentum in 2022 Indiana legislative session
Despite growing momentum among Hoosiers, Indiana Senate Bill 88 – Share the Savings – did not get called for a vote in the House Financial Institutions and Insurance committee after passing the Senate Health and Provider Services committee by a vote of 7 to 4. SB 88 also passed the Indiana Senate 31 to 18.
SB 88 would have provided relief to thousands of Hoosiers by ensuring their life-saving medications are more affordable by passing through negotiated prescription drug rebates to plan participants at the point of sale, saving many Hoosiers $1,000 or more annually with minimal impact on the overall cost of premiums.
Thank you to all the advocates and partners who supported SB 88 to share the savings with Hoosier patients!
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News on the War in Ukraine |
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The National Institute of Standards and Technology's National Cybersecurity Center of Excellence finalized cybersecurity guidance for health care organizations using third-party remote patient monitoring devices and platforms. The guidance emphasizes the importance of people and processes as well as security technology and notes the importance of risk assessments of vendors that manage devices and collect data.
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3D printing has made rapid advances in health care, allowing many US hospitals to use printers to provide accurate models to assist surgeries. The FDA is now calling for input on future regulation for the technology in health care settings, governing safety, control, responsibility, training and capabilities.
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Stevanato Inks Deal for Vaccine Vial Manufacturing
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Special Offers for IHIF Members |
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Acon FlowFlex COVID-19 SARS-CoV-2 Antigen Test
COVID-19 Antigen Home Test Package, a rapid test for the detection of SARS-CoV-2 antigens in anterior nasal specimens
- For self-testing use under an Emergency Use Authorization (EUA) only
- Aids in identifying individuals suspected of an active COVID-19 infection by their healthcare provider within the first seven days of the onset of symptoms
- Nasal swab specimens
- Results in 15 Minutes
- Excellent performance compared to molecular methods
- Room temperature storage
- Available to ship December 6 based on availability and stock
Please contact your local Avantor representative for ordering details. Not sure who to contact? Let IHIF connect you!
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OpenTrons – Laboratory Automation Solutions
Promotional Offer for IHIF Members: FREE pipette with OT-2 robot order!
Introducing the OT-2, your personal pipetting robot.
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Lab-Crafters showcases our I-FLEX System, showing you all it can do. It truly allows for quick change as your lab requirements change.
This animated video will take you through all the features of an individual bench.
Please reach out to Betsy Fouts with any questions, suggestions, or comments.
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Venture Summit/Digital Connect
IHIF is pleased to sponsor and invite you to join us at the next Venture Summit \ Digital Connect
Register Today & Save $100 Off (Use discount code “IHIFVIP”)
Get Connected. Get Funded. Grow Faster.
An exclusive industry shindig featuring One-on-One networking (online) for best-of-breed founders and early-stage investors.
Join leading VCs, Corporate VCs, Angel Investors, and founders of the hottest venture-backed, emerging, and early-stage companies at Venture Summit \ Digital Connect being held on March 29th- 31st, 2022. This exclusive venture summit provides an unparalleled opportunity for startups to meet, network, and showcase their innovative investment opportunities to a leading group of investors.
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Mark Your Calendar for the BIO International Convention
June 13-16, 2022, in San Diego, CA
BIO is thrilled to be back in person for the 2022 International Convention happening in San Diego, CA June 13-16. The Convention theme ‘LIMITLESS’ is our commitment to unlocking possibilities for our members and attendees while paving the path to the future of our industry.
The BIO International Convention attracts 15,000+ biotechnology and pharma leaders who come together for one week of intensive networking to discover new opportunities and promising partnerships. We bring together a wide spectrum of life science and application, including drug discovery, biomanufacturing, genomics, biofuels, nanotechnology, and cell therapy.
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Kelley IN Life Sciences
Collaboration Series
2021 – 2022 Conference Series
Since 2006, the Center for the Business of Life Sciences at the IU Kelley School of Business (CBLS) has been presenting the Indiana Life Sciences Collaboration Conference Series, providing a forum for professionals in healthcare and life sciences to consider, discuss, and debate key business strategy issues. The conferences bring together leaders from industry, academia, government, and economic development communities. Join us in exploring business solutions and making new connections in the life sciences.
NEW FOR THIS YEAR….
The CBLS has missed gathering with corporate partners and friends in the industry! This year, in response, the plan is to offer a hybrid series – in person conferences while streaming the events so attendees may also join virtually. The registration page provides options for in person or virtual registration.
The Potential of AI & Smart Devices in Healthcare
April 29, 2022
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BIO Business Solutions - Special Discounts for IHIF Members |
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BIO Business Solutions provides cost-savings offers to eligible IHIF Members. To learn more about the programs and services available, please click here. Not an IHIF member? Join today! See the latest deals and offers from our BIO Business Solutions partners here
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Office Depot, Inc. (NASDAQ:ODP) is a leading provider of business services and supplies, products and technology solutions to small, medium and enterprise businesses, through a fully integrated B2B distribution platform of approximately 1,300 stores, online presence, and dedicated sales professionals and technicians. |
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IHIF Member Benefits
- Up to of 80% off MSLP on a core list of over 1,000 frequently ordered office, cleaning and breakroom supplies
- Deep discounts on copy, print and finishing services
- More than 90,000 items discounted below retail
- Exclusive discounts on HP ink & toner
- Flexibility to customize to fit your needs
- Free delivery on qualifying orders
- Exclusive member promotions
- Same great price online or in-store
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Dedicated account management
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Join IHIF - Become a Member Today! |
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About IHIF Membership
Now is a great time to become a member of the Indiana Health Industry Forum! Join your voice to over 150 current member companies to impact the strategic direction of Indiana's health science sector.
Membership in IHIF offers a number of solutions:
- Promote your business, locally, nationally, and globally.
- Support the industry in the state and contribute directly to its growth and direction.
- Find others who share your interests and build your business network.
- Lend your voice to public policies that support innovation.
- Directly impact your bottom line with significant savings and discount programs exclusively for IHIF members.
To complete a membership application, click here.
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