AMI at Purdue
The Alfred E. Mann Institute for Biomedical Development at Purdue University, a vision initiated by past-President Martin Jischke and shared by Purdue faculty and administration alike, became fully operational in 2008. The $100 million dollar endowment was the single largest endowment in Purdue's history. AMI-Purdue offices are located in Mann Hall in Purdue University’s Discovery Park and also within the Purdue Research Foundation's Office of Technology Commercialization. Members of AMI-Purdue work very closely with the Office of Technology Commercialization reviewing faculty disclosures and identifying technologies that could most benefit from AMI-Purdue involvement.
Purdue University has a storied history of successful healthcare and life science innovation leading to tangible product realization.
A few of those projects include:
- Treatment for central nervous system injury and disease
- Biomarker detection in blood measuring captured content (DNA, RNA, Proteins etc)
- Miniature mass spectrometry analysis without sample preparation
- Nano-grained surface coating for orthopedic, neurosurgery, cardiovascular and surgical application
- Reconstruction and repair of anatomical defects using porcine small intestine
The role of AMI-Purdue is to augment the efforts of inventors on campus with necessary resources and bridge their ideas from early development to product realization. By providing this "bridge" and facilitating commercialization through up-front marketing research, intellectual property analysis, regulatory road mapping, business planning and providing development resources and expertise, AMI-Purdue decreases the inherent risk associated with a new product development and thus increases the potential return from a project exit for both the University and the Institute.
Purdue University, its faculty and the Purdue Research Foundation are credited with spinning out over 75 start-up companies in the last 15 years and the licensing of hundreds of technologies to industry. AMI-Purdue will continue to support these product commercialization efforts and will strive to build upon this history by increasing the success rate of products incubated at Purdue University.
