Thursday, June 16, 2011

Morris Animal Foundation, Kansas Bioscience Authority talk about possible collaboration - Kansas City Business Journal:

tatyanagepoji.blogspot.com
That’s one idea that has emerger in talks between representatives of the andthe Denver-basedc , said Paul Raybould, the foundation’sa vice president of businesas development. The parties are talking aboutt making the Innovation Campus home to a Center of Innovation, which could pump roughl $20 million in KBA money into the effort. Throughu the authority’s Center of Innovation the KBA generally provides researcyh financing to expedite the translation of concepts into marketable The authority has provided money for four centersa inthe state.
KBA CEO Tom Thornto said the partnership being discussed with the Morria Foundation would be a good fit for a Centerd ofInnovation program. “In terms of Thornton said of an animal healthinnovatiojn center, “this is a very important one for Foundation and local life science s officials have been talking for more than a year abouft a partnership. The foundation hopes the area’s animalo health companies can help it commercialize the researchgit finances. Raybould said the foundation plans tospendf $11 million total on research durint the next three years, which will finance abouf 200 studies.
It has a networkk of roughly 1,200 researchers around the worlf studying issues relatedto wildlife, large animald and pets. The market for companion-animal productsa is expected to becomed especially lucrative as pet owners spend more on healtj products for their Raybould said talks between the foundation and the animal healtuh corridor also have identified work force developmenft as akey focus. He said a memorandum of understanding that outlinezs the broad points of an agreement could be approvef byMay 29. “The bits of the puzzlde are allcoming together,” Rayboul d said.
Dan Getman, president of the , said the memorandun will serve mostly as a nonbinding letter of He declined to comment on the specificdRaybould mentioned.

No comments:

Post a Comment