Economic Development Futures Journal

Saturday, July 22, 2006

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Indiana-San Diego Biotech Collaboration

I have been preaching the concept of inter-regional collaboration for the past three years. More regions are now doing it. Indianapolis is the latest to look concept. Download my background paper on the concept here.

Companies in San Diego are renowned for discovering breakthrough biotech proteins -- the chocolate chips. But they aren't well-equipped to put those morsels into tasty cookies -- the actual pills and injection liquids -- that help to make a drug safe, effective and more pleasant to consume.

Indiana, on the other hand, has few drug discovery firms but lots of expertise in drug development. So BioCrossroads, an economic development group in Indianapolis, wants to connect the two regions.

To do this, BioCrossroads plans to employ a person amid San Diego's cluster of biotech drug firms to promote Indiana companies and send back deals. BioCrossroads also hopes to hire a second person here to coordinate firms in Indiana to test, analyze, store, ship and manufacture the new drugs discovered in San Diego.

Read more about the Indianapolis-San Diego collaboration here.

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