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Further strengthening ABIA's future, the Board of Directors announced that Douglas, who has led ABIA since its founding, has agreed to remain the institute's President and CEO through 2016.
"Dr. Douglas has established ABIA as a national center of excellence in the biomedical field during the three years he has led the organization," said William Considine , board chairman. "The board and the city of Akron have witnessed the benefits of Dr. Douglas' leadership, as ABIA has helped create a culture of innovation, entrepreneurship and collaboration. Dr. Douglas' experience and vision is transforming Akron's education and medical institutions into a collaborative center for discovery and enterprise in the life sciences."
Dr. Douglas said he has been impressed with the accelerated innovation and collaboration that is occurring within ABIA and its partners.
"I am committed to delivering on our strategy of patient-centered innovation and commercialization, and am excited to continue leading ABIA's talented team," said Douglas, who joined the organization in 2009. "The ABIA partnership is well positioned to be a major player in the life science innovation space. We have experienced some tremendous successes during the past three years but more work lies ahead. Our partnership is quickly establishing a proven track record of growing ideas that lead to company and job creation and a healthier community."
Under Douglas' leadership, the U.S. Department of Commerce, National Institutes of Health and National Science Foundation honored ABIA and the University of Akron Research Foundation for creating one of the nation's best in
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