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The delegation members are sharing a booth at the AusBiotech 2006 National Biotechnology Conference & Business Partnering and Investment Forum. Officials from Purdue Research Park, the Lafayette-West Lafayette Economic Development Corp., the Indiana Economic Development Corp. and Bloomington-based Cook Pharmacia are taking part.

Source: Inside INdiana Business

Press Release

WEST LAFAYETTE, Ind. - A Purdue Research Park-led delegation is strengthening ties with high-tech companies in Sydney, Australia, and showcasing the research park's life sciences assets at the AusBiotech 2006 National Biotechnology Conference & Business Partnering and Investment Forum, which began Sunday, Nov. 19.

The delegation includes Gregory W. Deason, vice president of real estate and research park development for the Purdue Research Foundation (PRF), the organization that owns and manages the Purdue Research Park and manages the Office of Technology Commercialization; Victor Lechtenburg, vice provost for engagement, Purdue University; Steven Gerrish, director of PRF's Office of Business Development; and Cinda Kelley, director of the Lafayette-West Lafayette Economic Development Corp.

Purdue Research Park will share booth space at the conference with the Indiana Economic Development Corp. (IEDC) and Bloomington, Ind.-based Cook Pharmacia. During the conference, Deason will feature Purdue Research Park as part of his presentation to the conference's Business Partnering & Investment Forum.

"I had the honor of being part of a state-led trade mission to Asia in 2005 and the trip gave me perspective on how important it is to reach out to high-tech entrepreneurs in other countries," said Joseph B. Hornett, senior vice president, treasurer and COO of the Purdue Research Foundation. "One of the Aussie companies our delegation is visiting is AION Diagnostics Ltd., which already has agreed to establish office and laboratory space at Purdue Research Park to be close to groundbreaking nanotechnology research at Purdue University's Discovery Park."

AION is a wholly owned subsidiary of Australian-based pSivida Ltd, a publicly listed entity (ASX:PSD, Nasdaq:PSDV). AION is developing and commercializing nanostructured porous silicon (BioSilicon) for multiple potential applications in healthcare with a core focus on drug delivery.

The AusBiotech conference (http://www.ausbiotech2006.com.au) at the Sydney Convention & Exhibition Centre is expected to attract 1,500 delegates. The event is sponsored by AusBiotech Ltd., a body of companies and individuals dedicated to the development and prosperity of the Australian biotechnology industry as well as the commercialization of Australian bioscience in the international marketplace.


About Purdue Research Park

Purdue Research Park (http://www.purdueresearchpark.com) encompasses 591 acres in West Lafayette and is home to the largest university-affiliated, state-of-the-art business incubator complex in the nation. Within the park, 140 businesses, of which more than 90 are high-tech, employ more than 2,900 people. The Association of University Research Parks recognized Purdue Research Park for Excellence in Technology Transfer in 2005, and the park received the organization's Research/Science Park Company of the Year Award of Excellence in 2004.

Source: Purdue Research Park

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