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

e public and private sector can serve as a model for how we can creatively turn challenges into opportunities and give our economy a boost in the short-term, while promoting long-term economic growth."

In addition to the new BioBusiness Park, Elk Run will also feature a wellness community, office/warehouse, retail, institutional components and a traditional neighborhood designed residential area.

"Elk Run has the promise to attract some of the world's best minds and most innovative companies," said Walz. "During this economic crisis, it is more important than ever that we all work together to turn our bioscience vision into a reality. This partnership has the potential to create a brighter, more prosperous future for our state and region."

Elk Run's site on Highway 52 between the Twin Cities and Rochester offers rare proximity to two world-class bioscience leaders: the University of Minnesota and Mayo Clinic, a pioneer in medical research and treatment.

"Mayo Clinic is supportive of any effort to expand bioscience development in Minnesota," said Mayo Clinic spokesperson Adam Brase. "These opportunities have the ability to add jobs and create revenue for the State and bring potential benefits to our patients."

To learn more, visit www.elkrun.info.

About Burrill & Company

Founded in 1994, Burrill & Company is a San Francisco-based global leader in life sciences with activities in Venture Capital, Private Equity, Merchant Banking and Media. The Burrill family of venture capital funds has over $950 million under management and its merchant banking business is one of the industry leaders in life sciences transactions. Burrill is also the creator, sponsor and facilitator of over a dozen leading industry conferences worldwide and publisher of a range of bio-intelligence reports includ
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SOURCE Burrill & Company; Tower Investments, LLC
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