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Indiana s life sciences sector sees record venture funding
Updated 1/2/2021 9:50 AM
INDIANAPOLIS Indiana s life sciences sector attracted a record $257 million in venture funding during 2020 despite the state s economic woes wrought by the coronavirus pandemic, an Indianapolis-based group says.
The venture funding tally for 2020 was more than triple the previous year s amount, according to figures from BioCrossroads, which tracks the critical funding that helps rising life sciences businesses.
The figures show 39 Indiana companies signed deals during 2020 for $257 million, with an average deal of $6.6 million. During 2019, 34 Indiana companies signed deals totaling $74 million.
The big increase comes after the state s life sciences venture funding during 2019 was the lowest in the sector since 2015, the Indianapolis Business Journal reported.
Local lawyer who ran for prosecutor named deputy AG
1/1/21 2:45 AM
Indiana Attorney General-elect Todd Rokita has named Inspector General Lori Torres as chief deputy attorney general and chief of staff.
Torres, a Whiteland resident, was appointed to serve as inspector general in 2017 by Gov. Eric Holcomb.
She ran unsuccessfully for Johnson County prosecutor last year, after former prosecutor Brad Cooper was charged with multiple felonies stemming from a domestic battery incident at his Trafalgar home and eventually removed from office.
At the time, she cited an absence of leadership, integrity, professionalism and work ethic combined with a lack of respect and accountability at the highest level of the prosecutor’s office for a long period of time as the reason an outside leader was needed, and said she had the record necessary to serve as the prosecutor that the county expects and deserves.