IU, OrthoWorx Collaboration Takes Flight

Posted: Updated:
(Image courtesy of the Indiana University School of Medicine.) (Image courtesy of the Indiana University School of Medicine.)
BLOOMINGTON and WARSAW -

A new partnership between the orthopedics industry and academia will target therapies for patients with musculoskeletal injuries or diseases. The collaboration among Indiana University, the Indiana University Research and Technology Corp. and AcceLINX, a business accelerator launched by Warsaw-based OrthoWorx, will focus on development and commercialization of technologies developed at the university.

IURTC Chief Executive Officer Tony Armstrong says the partnership could help bring faculty, student and staff ideas to market. "If these inventors lack the commercial and operating experience to advance a technology," he says, "AcceLINX has the expertise and the network of resources to partner with us to help provide a quicker transition from idea to successful product or service."

IU and the IURTC will gain access to experts at AcceLINX, who can provide industry and subject-matter know-how, as well as screen and provide feedback to inventor or help with sourcing capital. Officials say AcceLINX, IU and the IURTC will also collaborate to find private sector-originated research opportunities for university-related faculty or graduate students.

AcceLINX President Sheryl Conley says "we have a tremendous opportunity to support musculoskeletal-related technologies developed right here in the state of Indiana at our premier universities. In the process, we may attract additional investment capital to the state, create or sustain jobs in the area, and further cement our reputation as the orthopedic capital of the world."

You can read more about the partnership by clicking here.

  • Perspectives

    • Culp worries that newly-elected officials will "absorb the message that TIF is bad."

      Top Five Out-of-Site Trends in Site Selection

      Whenever anyone asks me about my job, their first question is usually "what are the big trends in your industry?" Just kidding. Their first question is "you do what now?" But once we get past that they want to know what factors are driving our clients' decisions.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Purdue Fort Wayne Unveils New Sports Branding

      Purdue University Fort Wayne has unveiled a new look for its sports teams. The university says it will continue to use the Mastodon as its mascot, however a new logo and color scheme will be used to better match with the Purdue brand.

    • Delta Begins Nonstop to Seattle

      Delta Air Lines now offers a nonstop flight from Indianapolis International to Seattle-Tacoma International Airport. The first flight leaving Monday night will be a milestone for the Indy airport, since it will now connect to all Delta hubs in the U.S. 

    • Culp worries that newly-elected officials will "absorb the message that TIF is bad."

      Top Five Out-of-Site Trends in Site Selection

      Whenever anyone asks me about my job, their first question is usually "what are the big trends in your industry?" Just kidding. Their first question is "you do what now?" But once we get past that they want to know what factors are driving our clients' decisions.

    • Ohio River Crossing Updates Prove More Costly

      The I-69 Ohio River Crossing Project Team has unveiled updated preliminary alternatives for I-69 bridge and interstate connections that come with higher price tags. The group says the changes on the Evansville-to-Henderson, Kentucky project were based in part on public input on factors ranging from routes to tolling.

    • Ball Brothers Foundation Awards Millions in Grants

      Over 30 organizations have been awarded more than $3.2 million in the first round of 2018 grants for the Ball Brothers Foundation. The foundation has awarded no less than $6.3 million per year to various organizations since 2013. T