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Should we be surprised? When will our State and academic leaders get the message that we are failing in every category of healthcare and medical research. Even Biocrossroads has gotten the message. Venture capital investors are NOT going to fund organizations or ideas that do not have serious merit. When it comes to medical research, we have, at best, a second tier research medical school, IU. THERE IS NO WAY OUR STATE CAN SUCCEED WITH ONLY ONE!!! Purdue and Notre Dame have the infrastructure to have its own research medical school. Indiana CTSI would fold, but it does not seem to making must progress anyway. Our legislature has to take this medical education void seriously. Any of the major medical research hubs around the country have multiple medical schools in the general vicinity. Of course, we also need to educate substantially more physicians, both for now and the future as well. MARIAN is working hard to help fill the physician provider gap. (Of course, we need to train a lot more of the other health care workers as well!!) It will need local entrepreneurs to take the lead to develop viable organizations to solve our healthcare challenges.
VC investment is down everywhere, not just Indiana.