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Technologies Inc. on the west side of
this morning to announce an expansion of the company.
Indianapolis-based BioStorage Technologies provides long-term cold storage for
advanced biomaterials used in drug development. The company, co-founded in 2002
by CEO Dr. F. John Mills, currently has 80 employees.
BioStorage is a prime example of a firm the city aims to attract through its
life sciences initiative.
Last year, local high-tech initiative TechPoint presented it with a Mira Award
for Innovations in Health and Life Sciences. In 2007, the company announced
that it had raised $8.3 million in venture capital funding.
Indiana Commerce Secretary Mitch Roob and Indianapolis Mayor Greg Ballard are
expected to attend the 9 a.m. announcement.
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