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Biotech Alliance pushes ahead in SE Wisconsin with likely state funding

A drive to unite the research efforts of southeast Wisconsin received a boost late last week with an approved proposal for $2.5 million in research capital.

The Legislature's Joint Committee on Finance voted 15-1 to provide funding to the Biomedical Technology Alliance, an organization of five universities encouraging collaboration in southeast Wisconsin. The funding, proposed by
Full article >>> br> The organization is focused on making sure the research stays in the region rather than pushing it out to other parts of the country. William Hendee, dean of the Medical College of Wisconsin, said when Wisconsin entrepreneurs license a technology outside of the state it takes away jobs and creates an "idea drain" in research fields.

An organization like BTA helps provide a framework f......

Full article >>> on of the existing research park in Milwaukee so start-up companies have more places to set up shop. The group was also involved in the establishment of the Wisconsin Institute of Biomedical and Health Technologies, a collaborative environment for UW-Milwaukee and Medical College researchers.

Gilbert said that ultimately BTA would like to see all of the scientists and lab research in the ......

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Source:wistechnology.com By Les Chappell 06/01/05


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