WEBVTT 1 00:00:00.000 --> 00:00:04.604 >>GERRY: THE INDIANA BIOSCIENCES RESEARCH INSTITUTE HAS A NEW LEADER. DR. ALAN PALKOWITZ IS TAKING THE 2 00:00:04.604 --> 00:00:09.976 REINS AT THE NON-PROFIT RESEARCH INSTITUTE AS PRESIDENT AND CHIEF EXECUTIVE OFFICER. BUSINESS OF HEALTH REPORTER 3 00:00:09.976 --> 00:00:17.350 KYLIE VELETA JOINS US NOW WITH THE INTRODUCTION... >>KYLIE: FOUNDED ABOUT 10 YEARS AGO, IBRI'S MISSION IS TO BRIDGE 4 00:00:17.350 --> 00:00:23.890 UNIVERSITY INVESTIGATORS WITH LIFE SCIENCES COMPANIES TO SPARK INNOVATIONS THAT CAN HAVE A REAL IMPACT ON HUMAN HEALTH. 5 00:00:23.890 --> 00:00:31.598 DR. PALKOWITZ HAS EXPERIENCE IN BOTH WORLDS: HE SPENT 28 YEARS AT ELI LILLY AND COMPANY, FOLLOWED BY TWO YEARS AT THE IU 6 00:00:31.598 --> 00:00:36.469 SCHOOL OF MEDICINE, WHERE HE'S A SENIOR RESEARCH PROFESSOR OF MEDICINE. HE'LL CONTINUE TO WEAR HIS IU 7 00:00:36.469 --> 00:00:43.376 SCHOOL OF MEDICINE HAT AS HE TAKES OVER THE PRESIDENT AND CEO ROLE AT THE RESEARCH INSTITUTE. HE JOINS ME NOW TO TELL US MORE 8 00:00:43.376 --> 00:00:52.452 ABOUT HIS VISION FOR IBRI. THANKS FOR BEING ON THE SHOW TODAY. >> THANKS 9 00:00:52.452 --> 00:00:56.856 IBRI'S MISSION IS TO BRING TOGETHER ACADEMIC RESEARCH AND THE PRIVATE INDUSTRY. YOU MENTIONED THAT THIS IS A 10 00:00:56.856 --> 00:01:06.666 REALLY INTERESTING TIME SCIENTIFICALLY HERE IN OUR LIFE SCIENCES COMMUNITY IN INDIANA...EXPLAIN THAT? 11 00:01:06.666 --> 00:01:14.908 >> WELL THANK YOU. WHEN I LOOK AT THE LANDSCAPE THE SCIENTIFIC LANDSCAPE AND SORRY, BUT THERE'S ALWAYS BEEN SOME 12 00:01:14.908 --> 00:01:23.516 TREMENDOUS WORK INITIATED FOCUSED ON TRANSLATIONAL MEDICINE TO ADVANCE DISEASE UNDERSTANDING AND THAT'S PART OF 13 00:01:23.516 --> 00:01:32.892 A LARGER CONCENTRATION OF TALENT AND CAPABILITIES THAT ARE PART OF OUR MIDWEST COMMUNITY SO WHEN YOU LOOK AT PERDUE AND LOOK AT 14 00:01:32.892 --> 00:01:40.433 NOTRE DAME AND COMPANIES LIKE LILLEY AND ROCHE AND IT'S OF FERTILE ENVIRONMENT TO CONTINUE TO BUILD INITIATIVE AND FOCUS ON 15 00:01:40.433 --> 00:01:48.875 TRANSFORMING HUMAN HEALTH AND THAT CENTRAL TO WHERE IBRI FITS IN AS WE MOVE FORWARD IT'S A KEY PART OF THAT ENTERPRISE. 16 00:01:48.875 --> 00:01:56.950 >> THE ANNOUNCEMENT CAME DAYS AGO'S YOU WOULD BE TAKING OVER AS PRESIDENT AND CEO SO TELL US ABOUT YOUR VISION FOR IBRI 17 00:01:56.950 --> 00:02:04.290 MOVING FORWARD. >> IT'S SOMETHING THAT WILL EVOLVE OVER TIME BUT WHAT I WANT TO SEE FOR IBRI IS TO EMERGE AS 18 00:02:04.290 --> 00:02:11.264 A KEY INNOVATOR AND KEY LEADER OF INNOVATED SCIENCE AND FOCUS ON HUMAN HEALTH FOR INDIANA AND REALLY FOR THE WORLD. 19 00:02:11.264 --> 00:02:21.641 TO DO THAT WE WILL HAVE TO REALLY WORK ON BECOMING AND ESTABLISHING OUR OWN IDENTITY AS A SCIENTIFIC LEADER BUT IT 20 00:02:21.641 --> 00:02:29.249 EMERGES IS AN INVALUABLE PARTNER TO WORK WITH THE BROADER COMMUNITY AND WORK ON PROBLEMS BIGGER THAN ANY INDIVIDUAL 21 00:02:29.249 --> 00:02:36.456 ORGANIZATION TO MOVE HUMAN HEALTH FORWARD. SO THAT WILL BE A VERY KEY PART OF WHAT I WORK ON AND WANT TO 22 00:02:36.456 --> 00:02:43.263 ESTABLISH, BUT ULTIMATELY WE ALSO WANT TO CONTRIBUTE TO GROWING THE LIFE SCIENCE BY WORKING ON INITIATIVES TO CREATE 23 00:02:43.263 --> 00:02:52.639 JOBS AND BRING AND RETAIN TALENT AND HELP THE MIDWEST IN INDIANA AND THE BROADER MIDWEST AND AMERICA AS A POWERHOUSE IN 24 00:02:52.639 --> 00:02:59.612 ADVANCING HUMAN HEALTH AND THAT'S WHAT I WILL BE WORKING TO CREATE WITH THE TEAM HERE. >> SPEAKING OF TALENT EXCITING 25 00:02:59.612 --> 00:03:09.622 NEWS AT IBRI YOU ARE OPENING A NEW HEADQUARTERS AT THE 16 TECH INNOVATION DISTRICT DETECTING -- ATTRACTING TALENT IS REALLY 26 00:03:09.622 --> 00:03:17.664 COMING TO LIFE WITH INDIANAPOLIS AS ITS BUILDING WHICH IS WHERE YOUR NEW HEADQUARTERS WILL BE AND TELL US ABOUT THE 27 00:03:17.664 --> 00:03:26.439 SIGNIFICANT BEING LOCATED AT 16 TECH. >> I THINK IN THE INNOVATION BUILDING ONE WHICH IS THE 28 00:03:26.439 --> 00:03:36.983 CORNERSTONE OF 16 TECH COMMUNITY AND BEING HERE AND BEING THE FIRST TENANT PUTS US AT A NEXUS POINT OF THE COMMUNITY AND 29 00:03:36.983 --> 00:03:47.460 EXPECTATION FOR GROWING THIS WHOLE ENTERPRISE AROUND US THAT WE HAVE THE BIOMEDICAL COMMUNITY SO WE WILL BE AT THE 30 00:03:47.460 --> 00:03:53.299 INTERSECTION OF KEY DISCUSSIONS AND KEY INVESTMENTS IN KEY SCIENTIFIC COLLABORATIONS SO THAT'S REALLY IMPORTANT FOR US 31 00:03:53.299 --> 00:04:01.808 TO BE AT THAT FOCAL POINT AND THAT WILL REALLY HELP PROPEL OUR IDENTITY, BUT VERY IMPORTANTLY REALLY BRING THE COMMUNITY 32 00:04:01.808 --> 00:04:11.217 TOGETHER WITH THIS COMMON MISSION TO ADVANCE HUMAN HEALTH AND BUILD A BROADER ENTERPRISE FOR THE MIDWEST. 33 00:04:11.217 --> 00:04:17.256 >> THOSE OPEN LABS LOOK AMAZING AND WE ARE SHOWING VIDEO AND HOPEFULLY SCIENTISTS WILL FEEL THOUGH SOON. 34 00:04:17.256 --> 00:04:25.264 YOUR BACKGROUND INCLUDES 28 YEARS AT ELI LILLY FOLLOWED BY TWO YEARS AND COUNTING SO YOU'VE LIVED IN BOTH WORLDS THE PRIVATE 35 00:04:25.264 --> 00:04:34.440 INDUSTRY AND ACADEMIC. HOW WILL THAT BACKGROUND HELP YOU AS YOU LEAD I BRI? >> FROM AN EXPERIENCED 36 00:04:34.440 --> 00:04:40.647 STANDPOINT WE'VE BEEN WORKING ACROSS THE TRANSLATIONAL SPECTRUM ALL THE WAY FROM BASIC RESEARCH TO TAKING MEDICINES AND 37 00:04:40.647 --> 00:04:50.056 ALL THE WAY THROUGH THE DRUG APPROVAL PROCESS AND THAT IS ACROSS MANY DIFFERENT DISEASE AREAS SO I THINK THAT IS A GOOD 38 00:04:50.056 --> 00:04:56.863 PREP FOR THIS ROLE. BUT ON TOP OF THAT I'VE HAD THE GREAT EXPERIENCE OF WORKING WITH PASSIONATE SCIENTISTS AND 39 00:04:56.863 --> 00:05:05.872 HELPING THEM TO REALIZE THEIR AMBITIONS TO CHANGE THE WORLD THROUGH THEIR WORK SO THAT EXPERIENCE OF HOW TO BUILD TEAMS 40 00:05:05.872 --> 00:05:15.682 AND HELP SCIENTISTS GROW THEIR CAREERS AND HAVE AN IMPACT IS SOMETHING THAT TRANSLATES ACROSS INDUSTRY AS WELL AS THE ACADEMIC 41 00:05:15.682 --> 00:05:25.291 AND I BRI SETTING WHICH IS ITS OWN UNIQUE ASPECTS TO IT. ON TOP OF THAT MY EXPERIENCE HAS TAUGHT ME A LOT ABOUT BUSINESS 42 00:05:25.291 --> 00:05:34.867 DIMENSIONS OF WHAT WE DO. WE HAVE TO BE ABLE TO TRANSLATE FUNDING INTO MEANINGFUL OUTCOMES TO DO SCIENCE FOR, BUT ALSO 43 00:05:34.867 --> 00:05:40.773 ACHIEVE THESE OVERARCHING GOALS AND CREATE WAYS TO GROW THE COMMUNITY AND BUSINESS DEVELOPMENT SO THOSE ARE THINGS 44 00:05:40.773 --> 00:05:48.147 I HAVE AS PART OF MY BACKGROUND THAT I TRY TO LEVERAGE AND MIRRORING ALL THE FORCES NECESSARY TO ADVANCE OUR GOALS 45 00:05:48.147 --> 00:05:54.487 AND OUR MISSION. >> ALL RIGHT, YOU ARE LOOKING GREAT IN YOUR NEW DIGS SO KEEP US POSTED ON ALL THE GREAT 46 00:05:54.487 --> 00:06:00.159 THINGS THEY DO AS YOU MOVE FORWARD IN YOUR HEADQUARTERS AND THANKS FOR BEING ON THE SHOW TODAY. 47 00:06:00.159 --> 00:06:01.160 >> THANK YOU.