• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Manufacturing
    • Packaging
    • Development
    • Compliance
    • Top 20
    • Directory
    • Solution Center
    • Events
    • More
  • Magazine
  • News
  • Manufacturing
  • Packaging
  • Development
  • Compliance
  • Top 20
  • Directory
  • Solution Center
  • Events
  • Current / Back Issue
    Features
    Editorial
    Columns
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    Reducing the Risk of Comparator Sourcing

    Clinical Data Management

    Leveraging AI/ML Analytics for Better Clinical Development Decisions

    What is a Manufacturing Ecosystem and Why are They Growing?

    Get Smart: Integrating PAT Data into Existing Biotech Data Infrastructures
    Breaking News
    Online Exclusives
    Industry News
    Collaborations & Alliances
    Promotions & Moves
    Trials & Filings
    Financial Reports
    Bio News & Views
    Custom Sourcing News
    Packaging & Tracking
    CRO News
    Live From Shows
    Top News
    EUROAPI Invests €50M to Meet Growing Demand for Prostaglandins

    RK Pharma to Receive $200M Investment from PAG

    Axol Bioscience, StrataStem Partner on ‘Clinical Trial in a Dish’ for Alzheimer’s Disease

    TMC Expands Executive Team

    Peli BioThermal Opens Cold Chain Network Station in Southern California
    APIs
    Aseptic Processing
    Cleaning Validation
    Clinical Trial Materials
    Cytotoxics and High Potency Manufacturing
    Equipment
    Excipients
    Extractables and Leachables
    Facilities
    Fill/Finish
    Lyophilization
    Parenterals
    Process Development
    Process Validation
    Risk Management
    Scale-up/ Technology Transfer
    Solid Dosage/ Creams/ Ointments

    EUROAPI Invests €50M to Meet Growing Demand for Prostaglandins

    RK Pharma to Receive $200M Investment from PAG

    Axol Bioscience, StrataStem Partner on ‘Clinical Trial in a Dish’ for Alzheimer’s Disease

    Peli BioThermal Opens Cold Chain Network Station in Southern California

    Purolite Expands Bioprocessing Production Capacity with New U.S. Facility
    Capsules
    Cold Chain Management
    Injectables
    Logistics
    Serialization
    Solid Dosage / Semi-solids
    Supply Chain
    Vials

    Peli BioThermal Opens Cold Chain Network Station in Southern California

    Biocair Partners with TrakCel to Improve Visibility in the Supply Chain

    SpectronRx, RLS Partner to Boost Radiopharmaceutical Pipeline and Supply Chain

    Serialization and the War on Counterfeit Drugs

    Traceability & 2D Barcodes
    Analytical Services
    Bioanalytical Services
    Bioassay Developement
    Biologics, Proteins, Vaccines
    Biosimilars
    Chemistry
    Clinical Trials
    Drug Delivery
    Drug Development
    Drug Discovery
    Formulation Development
    Information Technology
    Laboratory Testing
    Methods Development
    Microbiology
    Preclinical Outsourcing
    R&D
    Toxicology

    RK Pharma to Receive $200M Investment from PAG

    Axol Bioscience, StrataStem Partner on ‘Clinical Trial in a Dish’ for Alzheimer’s Disease

    Almac Group Global Workforce Hits 7,000 Employees

    Amarna Therapeutics Names Henk Streefkerk CEO

    Trinity Life Sciences Names Leslie Orne CEO
    Filtration & Purification
    GMPs/GCPs
    Inspections
    QA/QC
    Regulatory Affairs
    Validation

    Regulatory Affairs: Accelerating Drug Development Timelines

    Berkshire Sterile Secures Over $230,000 in Training Grants

    Purification – A Bottleneck for Large-Scale Manufacturing of Oligonucleotide API?

    FDA 2023 Inspection Roadmap: Is “Readiness” in Your Annual Objectives?

    FDA Watch: Are You Suitably Staffed?
    Companies
    Categories
    Corporate Capabilities
    Add New Company
    Contract Service Directory Companies
    Federal Equipment Company

    Almac Group

    INCOG BioPharma Services

    Alcami

    CMC Pharmaceuticals
    Companies
    News Releases
    Posters
    Brochures
    Services
    Videos
    Case Study
    White Papers
    Jobs
    Contract Service Directory Companies
    Federal Equipment Company

    Almac Group

    INCOG BioPharma Services

    Alcami

    CMC Pharmaceuticals
    Webinars
    Live From Shows
    • Magazine
      • Current / Back Issue
      • Features
      • Editorial
      • Columns
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
      • Enewsletter Archive
      • Digital Edition
    • Directory
      • Companies
      • Categories
      • Corporate Capabilities
      • Add Your Company
    • Manufacturing
      • APIs
      • Aseptic Processing
      • Cleaning Validation
      • Clinical Trial Materials
      • Cytotoxics and High Potency Manufacturing
      • Equipment
      • Excipients
      • Extractables and Leachables
      • Facilities
      • Fill/Finish
      • Lyophilization
      • Parenterals
      • Process Development
      • Process Validation
      • Risk Management
      • Scale-up/ Technology Transfer
      • Solid Dosage/ Creams/ Ointments
      • cGMP Manufacture
    • Packaging
      • Capsules
      • Cold Chain Management
      • Injectables
      • Logistics
      • Serialization
      • Solid Dosage / Semi-solids
      • Supply Chain
      • Vials
    • Development
      • Analytical Services
      • Bioanalytical Services
      • Bioassay Developement
      • Biologics, Proteins, Vaccines
      • Biosimilars
      • Chemistry
      • Clinical Trials
      • Drug Delivery
      • Drug Development
      • Drug Discovery
      • Formulation Development
      • Information Technology
      • Laboratory Testing
      • Methods Development
      • Microbiology
      • Preclinical Outsourcing
      • R&D
      • Toxicology
    • Compliance
      • Filtration & Purification
      • GMPs/GCPs
      • Inspections
      • QA/QC
      • Regulatory Affairs
      • Validation
    • Top 25 Pharma & BioPharma
    • Contract Pharma Direct
    • Breaking News
    • Online Exclusives
    • Slideshows
    • Experts Opinions
    • Surveys
      • Outsourcing Survey
      • Salary Survey
    • Glossary
    • Videos
    • White Papers
    • Podcasts
    • Infographics
    • Microsites
      • Companies
      • News Releases
      • Posters
      • Brochures
      • Services
      • Videos
      • Case Study
      • White Papers
    • Contract Pharma Conference
      • Contract Pharma Conference
      • Speakers
      • Exhibitors
      • Conference Sessions
    • eBook
    • Webinars
    • Events
      • Industry Events
      • Live from Show Events
      • Webinars
    • Classifieds / Job Bank
      • Classifieds
      • Job Bank
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Online Exclusives

    Fishers Innovation in Manufacturing

    Fishers, Indiana is becoming a formidable biotech manufacturing hub.

    Fishers Innovation in Manufacturing
    Part of the greater Indianapolis metropolitan area, Fishers is an attractive option for many firms that are looking to expand.
    Gail Dutton, Freelance Journalist10.15.21
    Fishers, Indiana has its eyes on the biotech industry and, unlike so many other cities with such aspirations, it has the human capital, infrastructure and ecosystem needed to achieve its goals.
     
    “We’ve seen an amazing amount of interest and investment from life science companies in just the past year,” Fishers’ Mayor Scott Fadness said, and the city is poised to close a half billion dollars in life science deals in the next few months.
     
    Global interest in Fishers, Indiana is based on the convergence of capital, opportunity and global economics. “There’s a belief throughout the industry that the first to market owns that market, so companies have a desire to increase their capacity and infrastructure globally, and that can happen easily in central Indiana,” Fadness pointed out.
     
    Fishers, part of the greater Indianapolis metropolitan area, is an attractive option for many firms that are looking to expand.
     
    The lower cost of locating and operating facilities in the Midwest is one factor, but the access to human capital is even more important. With a population of approximately 100,000 people and a median age of just under 36 years, Fishers’ workforce is highly educated. Approximately 60% of Fishers’ residents have a college degree, and nearly 25% have a graduate degree.
     
    Many of Fishers’ residents work with biotech giants Eli Lilly, Roche and Labcorp (formerly Covance) or the many young biopharma companies in the area. Increasing numbers are working in Fishers’ own growing biotech sector.
     
    In the overall biotech ecosystem, the City of Fishers is building its position as a strong biopharma manufacturing cluster. “Where Fishers will excel is in contract manufacturing, contract fulfilment, and contract research and development,” Fadness said. That prediction is based on the convergence of life science expertise and the area’s long history of advanced manufacturing.
     
    In just the past few months, Italy’s Stevanato Group, a drug containment, drug delivery and diagnostic services company, announced it is investing $145 million to build state-of-the-art production lines to manufacture its EZ-Fill syringes and vials. INCOG Biopharma Services, a contract development and manufacturing organization (CDMO), is investing $60 million to build its new headquarters in Fishers and to create up to 150 new jobs. Quantigen Biosciences, a specialty contract research organization (CRO), is investing $2.5 million to expand its state-of-the-art facilities and add 30 new jobs by the end of 2023. 
     
    In early 2021, Genezen, a cell and gene therapy CDMO, announced plans to expand from its initial space and invest more than $50 million to develop its own facilities, including laboratories and clean rooms. In 2020, Bangs Laboratories, a leading microsphere manufacturer, also doubled the size of its facilities in Fishers.
     
    Many of the new jobs resulting from these expansions are being filled by graduates from nearby universities. Purdue University, Indiana University, Ball State University, Butler University and the University of Notre Dame are all within a three-hour drive of Fishers. Therefore, companies not only can access a well-educated workforce, but can collaborate conveniently with leading researchers in biology, chemistry, engineering, manufacturing and other disciplines.
     
    Of course, biopharma companies need more than human capital to succeed. They also need access to funding. The presence of Lilly and Roche, through their venture funds, suggests that bio-focused capital is available, Fadness said. Additionally, some 25 other venture capital firms operate in the Indianapolis area, including BioCrossroads, which specifically fosters the biotech community, and VisionTech Partners, which specializes in early-stage micro-investing, as well as more general venture firms focused on medtech or healthcare. None-the-less, attracting additional financing companies to Fishers is an ongoing concern for Fadness.
     
    Many of the start-up companies working with such firms need business and operating space, too. Fishers is prepared for that. “We have the state’s largest co-working facility,” Fadness said. Launch Fishers features 52,000 square feet of co-working space and more than 600 members building high-impact companies built around innovation. Through Launch Fishers, they can access dedicated or informal working space, attend networking functions, or simply meet over coffee to cross-pollinate ideas.
     
    While the City of Fishers offers what Fadness called “all the usual incentives” to locate here that companies, it also offers something more: a city government that is committed to doing its part to help those organizations succeed. It is proactive, taking the steps needed today to ensure a high-tech future for tomorrow.
     
    The 75 acres of land the city purchased for a life science park is just one example. “We started our focus on technology and entrepreneurship several years ago, realizing we needed all elements of the biotech ecosystem, from start-ups to large-scale organizations, as well as the related institutions and infrastructure to support our industries,” Fadness said. “Therefore, we recently took the aggressive step of buying land for a life sciences business park and then to put it in a position to be easily available for companies.” Consequently, many of the barriers to development have been removed.
     
    Beyond that, he continued, “We have a history of building meaningful partnerships with the companies here. We find unique opportunities so the companies know we are eager to work with them, and that we’re creative.” Sometimes includes making introductions to enhance networking, or helping prospective companies locate temporary space.
     
    The plans Fishers put in motion to grow a vibrant life sciences industry are on the cusp of being realized. By the end of 2021, Fadness predicted, “That will be what we are, not merely what we aspire to be.” Fishers’ biotech sector is growing rapidly, based upon companies that have assessed multiple locations and decided to call Fishers ‘home.’
     

    Gail Dutton has covered the business of life science for more than three decades, writing about the evolution of biotechnology, management trends, human resources development and related topics. Her writing has appeared in more than 45 print and online publications, including Genetic Engineering News, BioSpace and Life Science Leader. She has presented to the National Defense University and the Genopole Paris conference and is particularly interested in new technologies driving innovation throughout the enterprise.
    Related Searches
    • Biologics, Proteins, Vaccines
      Loading, Please Wait..
      Trending
      • SpectronRx, RLS Partner To Boost Radiopharmaceutical Pipeline And Supply Chain
      • Samsung Biologics Accelerates Timeline Of New Fifth Plant
      • Biopharma Layoffs In 1Q23
      • Veeva Business Consulting Expands With New R&D Services
      • CRO Industry Trends & Challenges
      Breaking News
      • EUROAPI Invests €50M to Meet Growing Demand for Prostaglandins
      • RK Pharma to Receive $200M Investment from PAG
      • Axol Bioscience, StrataStem Partner on ‘Clinical Trial in a Dish’ for Alzheimer’s Disease
      • TMC Expands Executive Team
      • Peli BioThermal Opens Cold Chain Network Station in Southern California
      View Breaking News >
      CURRENT ISSUE

      May 2023

      • New Modalities Hog the Limelight
      • Cell and Gene Therapy is Coming of Age
      • Demand Surges for Cell and Gene Therapy Contract Manufacturing
      • Embracing a New Reality
      • Japan: A Unique Opportunity for Regenerative Medicines and Cell & Gene Therapies
      • Single-Use Technologies Enable Biologic Scaling
      • Get Smart: Integrating PAT Data into Existing Biotech Data Infrastructures
      • FTEs in Drug Discovery
      • Digital Transformation in Pharma
      • What is a Manufacturing Ecosystem and Why are They Growing?
      • View More >

      Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
      You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

      • About Us
      • Privacy Policy
      • Terms And Conditions
      • Contact Us

      follow us

      Subscribe
      Nutraceuticals World

      Latest Breaking News From Nutraceuticals World

      Sempera Organics and Alkemist Labs Announce Partnership for Mushroom Testing
      Nektium Expands International Distribution Network for Botanical Extracts
      Kemin Receives Positive EFSA Opinion for BetaVia Pure, its Beta-Glucan Ingredient
      Coatings World

      Latest Breaking News From Coatings World

      PPG’s New Paint for a New Start Initiative to Beautify Schools Worldwide with Colorful Makeovers
      Powder Technology, Inc. Announces New Electrical Coating
      Michelman Chosen as Inaugural Recipient of Innovation Research Interchange (IRI) Excellence Award
      Medical Product Outsourcing

      Latest Breaking News From Medical Product Outsourcing

      Cue Health Nabs FDA's First De Novo Nod for an At-Home COVID Test
      ISO 13485:2016 Certification Granted to Boston BioProducts
      Paul Colvin Joins Ora Inc. as Chief Operating Officer
      Contract Pharma

      Latest Breaking News From Contract Pharma

      EUROAPI Invests €50M to Meet Growing Demand for Prostaglandins
      RK Pharma to Receive $200M Investment from PAG
      Axol Bioscience, StrataStem Partner on ‘Clinical Trial in a Dish’ for Alzheimer’s Disease
      Beauty Packaging

      Latest Breaking News From Beauty Packaging

      Estée Lauder Announces Second Edition of Beauty&You Brand Incubator Program
      GetHarley Raises $52 Million in Latest Funding Round
      Refillable Skincare Products Face Hurdles Despite Growing Sustainability Awareness
      Happi

      Latest Breaking News From Happi

      Carrière Frères Introduces Candle Refills as New Sustainability Initiative
      Gen Z Entrepreneur Introduces The Ashley Marie Collection for 4C Hair Types
      The Estée Lauder Companies Expands Beauty&You Competition for Indian Beauty Brands
      Ink World

      Latest Breaking News From Ink World

      Siegwerk’s Center of Excellence in France Receives Facelift
      Epson announces MakeTheSwitch Campaign
      Pigments Market to Reach $26,598 Million by 2022: AMR
      Label & Narrow Web

      Latest Breaking News From Label & Narrow Web

      Mark Andy reports successful Low Migration Workshop
      Ryback and Ryback Consulting launches Machinery division
      TLMI launches 2023 award programs
      Nonwovens Industry

      Latest Breaking News From Nonwovens Industry

      The Honest Company to Exit Europe, Asia
      TechnoPlants to Exhibit at ITMA
      Andritz Buys 100% Stake in Dan-Web
      Orthopedic Design & Technology

      Latest Breaking News From Orthopedic Design & Technology

      Orthobiologics Market to Top $10.3 Billion by 2030
      Artelon Granted U.S. FDA 510(k) Clearance for FlexBand, FlexPatch & FlexBand Plus
      Synergy Spine Solutions Completes Enrollment in IDE Clinical Trial
      Printed Electronics Now

      Latest Breaking News From Printed Electronics Now

      ASSA ABLOY Receives Clearance from Mexico for HHI Acquisition
      Christoph Ostermann Named Chairman of Heliatek‘s Advisory Board
      Flexible and Printed Electronics Represented at productronica 2023

      Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

      AD BLOCKER DETECTED

      Our website is made possible by displaying online advertisements to our visitors.
      Please consider supporting us by disabling your ad blocker.


      FREE SUBSCRIPTION Already a subscriber? Login