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Elk Run Developers Announce Partnership with Leading Life Sciences Firm
Date:3/12/2009

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Bioscience industry development is a priority in Minnesota with increasing initiatives at the state level, including Governor Tim Pawlenty's establishment of the Minnesota Biosciences Council in 2003. Since that time Minnesota has implemented a Bioscience Zone program, provided funding for enhanced research and development facilities, and opened bioscience incubators. The BioBusiness Alliance of Minnesota, an industry-led non-profit, has also been working to connect public and private sector resources.

"There is a high level of energy, interest and enthusiasm surrounding the growth of the bioscience industry in Minnesota," said Governor Pawlenty. "Projects such as Elk Run capitalize on this energy, and signify the opportunities available and the progress being made in our state. Because of the strength of initiatives like the Mayo-University of Minnesota partnership, Minnesota has a track record of research success. We welcome continued collaboration between the public and private sectors to encourage innovative biobusiness development in the coming years."

Elk Run is well-situated to advance bioscience development in Minnesota, with state grants for infrastructure improvements already secured and support from the City of Pine Island already established. State Representatives Tim Mahoney and Steve Murphy, who authored Elk Run's infrastructure bills, have been instrumental in advancing bioscience initiatives across the State. Governor Pawlenty, U.S. Senator Amy Klobuchar (D-MN), Congressman Tim Walz (D-MN, First District), Pine Island City Administrator Abraham Algadi, State Representatives Steve Drazkowski and Randy Demmer, and State Senator David Senjem have also provided valuable support.

"We are in the midst of the greatest economic crisis since the Great Depression, and we must look for every opportunity to create jobs," said Klobuchar. "This type of collaboration between th
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SOURCE Burrill & Company; Tower Investments, LLC
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