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Last updated on Friday, August 16, 2013
(BLOOMINGTON) - Developments by biology researchers at the Indiana University School of Medicine have made it to the marketplace.
Professor Loren Field and his team developed ways to make purified cultures of differentiated cells. A new Wisconsin company founded by stem cell pioneer James Thompson uses the IU techniques to make some of the cells it markets to pharmaceutical companies for use in developing potential new drugs.
The techniques used by Cellular Dynamics International are patented by the Indiana University Research and Technology Corp.
The company markets stem cells that can be directed to grow into a variety of adult cell types. Its customers include Eli Lilly and Co. of Indianapolis.
The agreement could bring the IU Research and Technology Corp. up to $4 million in total payments.
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