Published: May 09, 2019
UNION, N.J. — Institute for Life Science Entrepreneurship (ILSE) at Kean University has released “Profiles in Innovation,” the second in a series of white papers examining the state of innovation in New Jersey. “Profiles in Innovation” showcases exciting advances in healthcare with a focus on therapeutics, diagnostics, devices, research tools and other technologies being discovered and developed in New Jersey.
ILSE examines requirements for starting and growing life science companies and the components to strengthen an innovation ecosystem. Among the conclusions are a solid foundation of early-stage companies exists in New Jersey in addition to a strong entrepreneurial ecosystem to support continued growth in the life science sector. “The New Jersey region – a leading global life science cluster – has a remarkable array of companies, startups and technologies pioneering advances in life sciences,” said Dr. Thomas Richardson, ILSE President, who co-authored the paper with Dr. Keith Bostian, ILSE Co-founder and CEO. “Innovations target a broad range of unmet needs in the healthcare system and support the creation of exciting new companies to deliver therapies and other products.”
“Through interviews with leaders in venture development and technology transfer in New Jersey’s universities, with executives at the incubators and innovation facilities, and with thought leaders and stakeholders, we identified an array of early-stage and emerging companies that are propelling the innovation economy of our ecosystem,” said Richardson. “The report highlights the range of innovation taking place within New Jersey and the deep expertise these organizations have demonstrated.”
ILSE’s first white paper, “Trends in Life Science Incubator Space,” released in 2018, documented a substantial increase in New Jersey’s life science incubator capacity as well as commitment by investors, the resulting healthcare discoveries, and job and economic growth in the region.
Both “Profiles in Innovation” and “Trends in Life Science Incubator Space” can be downloaded from the ILSE website and at the links below.
About Institute for Life Science Entrepreneurship
The Institute for Life Science Entrepreneurship (ILSE) at Kean University is a non-profit organization located in Union, N.J., USA. Located in Kean’s STEM building, ILSE provides incubator space and accelerator services to life science companies and is also a science-driven research institute working in partnership with major academic, non-profit, and corporate organizations, and with entrepreneurs and regional institutions. ILSE’s American Type Culture Collection (ATCC) Center for Translational Microbiology focuses on research in microbiome, advanced microbial genomics, clinical multi-drug resistance, and bioinformatics. Visit https://ilsebio.com/
About Kean University
Founded in 1855, Kean University is one of the largest metropolitan institutions of higher education in the region, with a richly diverse student, faculty and staff population. Kean continues to play a key role in the training of teachers and is a hub of educational, technological and cultural enrichment serving more than 16,000 students. The University’s six undergraduate colleges offer more than 50 undergraduate degrees over a full range of academic subjects. The Nathan Weiss Graduate College offers six doctoral degree programs and more than 80 options for graduate study leading to master’s degrees, professional diplomas or certifications. With campuses in Union, Toms River, Jefferson and Manahawkin, New Jersey, and Wenzhou, China, Kean University furthers its mission by providing an affordable and accessible world-class education. Visit www.kean.edu.