LIFE SCIENCES

INDY'S LIFE SCIENCES ADVANTAGE

Recognized as one of the nation's top four life sciences communities, the Central Indiana region offers many advantages for life sciences companies: diverse industry base, intellectual capital, academic partnerships, a skilled and available workforce, business and industry collaborations.

Combined, these have made Indianapolis a fertile ground for life sciences companies—and a place that is continually attracting new life sciences dollars and support. Several local initiatives ensure Indy remains synonymous with life sciences:

BIOCROSSROADS: Statewide initiative to advance the life sciences sector that has raised more than $235 million for Indiana life science opportunities.

INDIANA HEALTH INDUSTRY FORUM: Alliance of manufacturers, healthcare providers, suppliers, educational institutions, service providers and government officials working to enhance business networks, develop workforce skills and provide strategic vision to grow Indiana’s health industry.

INDIANA HEALTH INFORMATION EXCHANGE: Regional health information network – considered the most advanced in the United States – focused on delivering information at the most critical time: at the point-of-care.

INDIANA MEDICAL DEVICE MANUFACTURERS COUNCIL, INC: Association of nearly 60 medical device manufacturers and other companies that work on behalf of the broader medical device industry in Indiana.

These efforts are bringing together research and academia with government and industry. And the result has been strategic collaborations that are enhancing both new and organic business development.

INDIANAPOLIS. GIVING YOU THE VANTAGE POINT.

HIGHLY SKILLED, DIVERSE AND READY

Today, Indiana has the ninth largest life sciences employment in the United States. Our vast and diverse workforce possesses unique (and sought-after) expertise and experience across the broad spectrum of life sciences sub-sectors and support services.

In addition to a core group of pharmaceutical, medical device, equipment and agribusiness, the region has a significant number of companies that provide contract research, formulation and manufacturing, FDA consulting, cold-chain storage and logistics.

AG-BIOTECH
Dow AgroSciences
CONTRACT RESEARCH AND DEVELOPMENT
Commissioning Agents
Covance Central Labs
InVentiv Clinical
Vest Pharmaceuticals
MEDICAL DEVICES AND EQUIPMENT
Beckman Coulter
Hologic
Roche Diagnostics
SonarMed
PHARMACEUTICALS
Eli Lilly and Company
ImmuneWorks
Sigma-Tau Pharmaceuticals
TRANSPORTATION, LOGISTICS AND STORAGE
BioStorage Technologies
Sentry BioPharma Solutions
OTHER INDIANA-BASED LIFE SCIENCES COMPANIES
Baxter BioPharma Solutions
Boston Scientific
Cook Medical
INDUSTRY SUPPORT
Mead Johnson
Medco Health Solutions
Zimmer

THE LAUNCHING PAD FOR SUCCESS

Indianapolis is the focal point for some of the nation’s most advanced life sciences research. In addition to three major centers of higher education – Indiana University, Purdue University and their partnership school, IUPUI – the region is home to several world-renowned universities.

Together, these institutions are producing the next generation of researchers who will transform the field of life sciences.

INDIANA UNIVERSITY
Nation’s second largest medical school
#6 in R&D expenditures in U.S.
IU Research and Technology Corporation
IU Emerging Technologies Center
Center for Genomics and Bioinformatics
Gill Center for Biomolecular Science
PURDUE UNIVERSITY
Nationally ranked pharmacy program
9th top engineering school in the nation
Purdue University Office of Technology
Commercialization
Purdue Research Foundation
Purdue Discovery Park
Purdue Research Park
College of Veterinary Medicine
IUPUI (INDIANA UNIVERSITY-PURDUE UNIVERSITY INDIANAPOLIS)
Purdue Technology Center of Indianapolis
One of nation’s largest nursing schools
130 majors in life sciences and engineering
One of leading urban research universities in U.S.
BUTLER UNIVERSITY
Nationally ranked pharmacy program
IVY TECH COMMUNITY COLLEGE
State’s largest public post-secondary institution
Health information technology program
ROSE-HULMAN INSTITUTE OF TECHNOLOGY
Rose-Hulman Ventures
Nation’s top master’s level engineering school
UNIVERSITY OF NOTRE DAME
Center for Nano Science and Technology
The Center for Rare and Neglected Diseases
Walther Cancer Research Center
Biomechanics and Biomaterials in Orthopaedics Group
State-of-the-art research computing capabilities, including a 6,000-core computer
BALL STATE UNIVERSITY
College of Applied Sciences and Technology
#8 online master’s degree program in nursing (U.S. News & World Report)
Biomechanics Laboratory

BIRTHPLACE OF TOMORROW'S BLOCKBUSTER

We believe tomorrow’s greatest innovations may already be forming. But we understand that finding tomorrow’s blockbuster is often a long and costly experiment.

THAT'S WHY WE OFFER FAVORABLE TAX CREDITS AND EXEMPTIONS THAT HELP OFFSET YOUR EXTENSIVE RESEARCH INVESTMENT:
  • Research and Development Tax Credit on qualified research expenses incurred for research conducted in Indiana
  • Research and Development Sales Tax Exemption provides a refund of 50 percent of the sales taxes paid on transactions involving research and development equipment
  • 21st Century Research and Technology Fund invests in entrepreneurial ventures that have demonstrated a market potential for commercialization
  • Patent Income Exemption is equal to 50 percent of patent income for each of the first five years
  • Venture Capital Investment Tax Credit provides tax credit for investors with state tax liability
  • Economic Development for a Growing Economy provides a local match to state incentives if certain qualifications are met

We further support your research investment with our growing network of nearly 30 business incubators and Certified Technology Parks – including Purdue Research Park, the largest research park in the country – that encourage the growth of start-up companies and leverage the intellectual and equipment resources of nearby universities.

By nurturing the growth of these high-tech, cutting-edge companies, we’re putting our handprint on the future of life sciences.