Purdue Research Park

SK hynix announces semiconductor advanced packaging investment in Purdue Research Park

Retrieved on: 
Wednesday, April 3, 2024
CHIPS, Second Continental Congress, HBM, Congress, MediaTek, Federation, Partnership, Technology policy, SK Hynix, Saab, Research, I-65, News, Rolls-Royce, AI, Social responsibility, Semiconductor, Bayer, Silicon, Workforce, ChatGPT, Purdue Research Park, Policy

WEST LAFAYETTE, Ind., April 03, 2024 (GLOBE NEWSWIRE) -- SK hynix Inc. announced Wednesday (April 3) that it plans to invest close to $4 billion to build an advanced packaging fabrication and R&D facility for AI products in the Purdue Research Park.

Key Points: 
  • WEST LAFAYETTE, Ind., April 03, 2024 (GLOBE NEWSWIRE) -- SK hynix Inc. announced Wednesday (April 3) that it plans to invest close to $4 billion to build an advanced packaging fabrication and R&D facility for AI products in the Purdue Research Park.
  • “We are excited to build a state-of-the-art advanced packaging facility in Indiana,” said SK hynix CEO Kwak Noh-Jung.
  • “SK hynix is the global pioneer and dominant market leader in memory chips for AI,” Purdue President Mung Chiang said.
  • This historic announcement is the next step in Purdue University’s persistent pursuit of semiconductor excellence as part of the Purdue Computes initiative.

Gov. Holcomb, IEDC announce generational multi-billion-dollar investment to make Indiana leader in semiconductor packaging

Retrieved on: 
Wednesday, April 3, 2024
CHIPS, Technology policy, Incentive, Naval Surface Warfare Center, Carbon, Commerce, Purdue Research Park, Investment, Policy, HBM, Duke Energy, Partnership, Research, News, AI, Architecture, Semiconductor, NSWC, South Korea, SK Hynix, Dynamic random-access memory, Engineering, Assistant, Recycling, DRAM, Organic, Silicon, Graphics processing unit, United States Commercial Service, Ecosystem, Purdue University, Renewable energy

The facility will also develop future generations of chips and house an advanced packaging R&D line.

Key Points: 
  • The facility will also develop future generations of chips and house an advanced packaging R&D line.
  • “We are excited to build a state-of-the-art advanced packaging facility in Indiana,” said SK hynix CEO Kwak Noh-Jung.
  • “We believe this project will lay the foundation for a new Silicon Heartland; a semiconductor ecosystem centered in the Midwest Triangle.
  • The IEDC also committed up to $45 million through the Industrial Development Grant Fund to support infrastructure improvements surrounding the new plant.

Most Dynamic Metropolitans Report Shows Advanced Manufacturing and Energy Sectors as Drivers for Economic Improvement

Retrieved on: 
Thursday, April 4, 2024
Growth, Environment, MSA, Education, Research, Aviation, MDM, STEM, Workforce, Purdue Research Park, Government, Purdue University

BENTONVILLE, Ark., April 4, 2024 /PRNewswire/ -- American metropolitans with robust manufacturing, energy assets and investment in IT are at the forefront of the Most Dynamic Metropolitans (MDM) in Heartland Forward's most recent index. For the fifth year in a row, the MDM provides a benchmark for growth areas in the country using key indicators of where Americans are thriving and highlighting communities where education, business and government are working well together.

Key Points: 
  • Their rise in the rankings were evidence of the strength of oil and gas production and industrial manufacturing respectively to their areas.
  • Each of these 10 metros moved up significantly reflecting the importance of creating and promoting sustainable businesses.
  • While often considered boom-or-bust, oil and gas-centric communities are now diversifying into other energy sources and building out their communities to be sustainable over the longer term.
  • These metros continue to demonstrate resilience and longer-term economic growth trajectories and their leaders should be commended for their foresight and planning.

SK hynix Signs Investment Agreement of Advanced Chip Packaging with Indiana

Retrieved on: 
Wednesday, April 3, 2024
CHIPS, HBM, Ambassador, Package, Assistant, Partnership, DRAM, Research, News, AI, Local government, Organic, Commerce, Purdue Research Park, Silicon, Architecture, HBM3, Midwestern United States, Semiconductor, Ecosystem, ChatGPT, South Korea, HBM2, Government, Dynamic random-access memory

"I'm so proud to officially welcome SK hynix to Indiana, and we're confident this new partnership will enhance the Lafayette-West Lafayette region, Purdue University and the state of Indiana for the long term.

Key Points: 
  • "I'm so proud to officially welcome SK hynix to Indiana, and we're confident this new partnership will enhance the Lafayette-West Lafayette region, Purdue University and the state of Indiana for the long term.
  • Senator Todd Young, a key advocate for the project, said, "SK hynix will soon be a household name in Indiana.
  • "SK hynix is the global pioneer and dominant market leader in memory chips for AI," Purdue University President Mung Chiang said.
  • It is also a monumental moment for completing the supply chain of digital economy in our country through chips advanced packaging.

Medallion Receives Notice of Default From Purdue Research Foundation

Retrieved on: 
Tuesday, October 10, 2023
Purdue Research Park, MDL, PRF, Chromatography, Rare-earth element, Medical device, Credit

VANCOUVER, British Columbia, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”) announced today that it has received notice of default from Purdue Research Foundation (“PRF”) and has until October 17, 2023 to cure the default or the Company’s license to use ligand assisted displacement chromatography will be terminated.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”) announced today that it has received notice of default from Purdue Research Foundation (“PRF”) and has until October 17, 2023 to cure the default or the Company’s license to use ligand assisted displacement chromatography will be terminated.
  • The Company is in discussion with PRF about curing the default or extending the term but there is no assurance that those discussions will be successful.

AgXelerators Chooses Purdue Research Park as its First Innovation Space

Retrieved on: 
Monday, September 25, 2023
Purdue Research Park, Heart, Partnership, Information technology, PTC, CTP, Research, Student, Engineering, Faculty, Hoosier, Nursing

INDIANAPOLIS, Sept. 25, 2023 /PRNewswire/ -- Best-in-class research and innovation requires top notch lab facilities and AgXelerators has found it in the Purdue Technology Center (PTC). Owned and operated by the renowned Purdue Research Foundation, the Purdue Research Park is the largest Certified Technology Park (CTP) in the state of Indiana. More than 250 high-tech companies call the park home, including those working in a wide array of market segments. They range in size from early-stage startups to large publicly traded corporations. Their operations employ more than 5,000 Hoosiers in scientific and technical disciplines, including aerospace, advanced manufacturing, clean tech, cyber, defense, digital agriculture, engineering, information technology, life science and pharmaceutical.

Key Points: 
  • The Purdue Technology Center (PTC) will provide AgXelerators with state-of-the-art facilities plus access to world-class resources for research and collaboration.
  • INDIANAPOLIS, Sept. 25, 2023 /PRNewswire/ -- Best-in-class research and innovation requires top notch lab facilities and AgXelerators has found it in the Purdue Technology Center (PTC).
  • Owned and operated by the renowned Purdue Research Foundation, the Purdue Research Park is the largest Certified Technology Park (CTP) in the state of Indiana.
  • More than 250 high-tech companies call the park home, including those working in a wide array of market segments.

Duke Energy honors eight organizations with 2023 Power Partner Awards

Retrieved on: 
Tuesday, August 29, 2023
Purdue Research Park, Safety, Electricity, Fujifilm Diosynth Biotechnologies, Milliken & Company, News, NYSE, Maintenance, Catawba College, Culture, Organization, ABSS, Coal, Fujifilm, Energy efficiency, Solar energy, Growth, Duke University, Carbon accounting, Multimedia, Carbon, Climate change, DESS, World Patient Safety Day, Textile, Partnership, Problem solving, GSA, RMC, Hydrogen, Silent Scope 2, Milliken, PRF, School, Student, Premier Power, CDMO, Alamance-Burlington School System, Nursing, Renewable energy, Duke Energy

Winners demonstrated excellence in sustainability, safety and community service

Key Points: 
  • Winners demonstrated excellence in sustainability, safety and community service
    CHARLOTTE, N.C., Aug. 29, 2023 /PRNewswire/ -- Duke Energy has chosen eight organizations to receive its 2023 Power Partner Award.
  • Evonik, a German based chemical company, partnered with Duke Energy to strengthen the safety culture at its Tippecanoe Laboratory site.
  • FujiFilm has also partnered with Duke Energy to provide backup generation to the site through a 15-year Premier Power agreement.
  • Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies.

Ferronova and Purdue Research Foundation (PRF) Sign Licensing Agreement for Use of Fibroblast Activation Protein (FAP) Inhibitor in Radiotherapy

Retrieved on: 
Wednesday, August 23, 2023
Clinical Trials, Philanthropy, Biotechnology, Radiology, Fund Raising, General Health, Pharmaceutical, Health, Foundation, Oncology, Proton, Royal Adelaide Hospital, Pancreatic cancer, Purdue Research Park, Glioblastoma, University, Partnership, Central nervous system, Drug discovery, SPION, SAHMRI, Survival, South Australian Health and Medical Research Institute, FAP, Heterotrimeric G protein, Attention, Cell, University of South Australia, CAF, Radiation therapy, Purdue University College of Pharmacy, Associate, PRF, MRI, Magnetic resonance imaging, Patient, RAH, Purdue University, Cancer, Proton therapy, SA, News, Fibroblast, Prostate cancer, Medical imaging, Pharmaceutical industry, Chemistry, Research

Australian biotech company Ferronova announced today that it has signed a licensing agreement with the Purdue Research Foundation (PRF) for the application of PRF’s patented Fibroblast Activation Protein (FAP) inhibitor in magnetic resonance imaging (MRI) and MRI-guided therapies.

Key Points: 
  • Australian biotech company Ferronova announced today that it has signed a licensing agreement with the Purdue Research Foundation (PRF) for the application of PRF’s patented Fibroblast Activation Protein (FAP) inhibitor in magnetic resonance imaging (MRI) and MRI-guided therapies.
  • The licensing agreement will bring together Ferronova’s patented FerroTrace® platform, a super-paramagnetic iron-oxide nanoparticle (SPION) formulation, and PRF’s patented FAP inhibitor in a combination to be applied in targeted radiotherapy of difficult cancers with complicated treatment margins such as glioblastoma, prostate cancer and pancreatic cancer.
  • “Purdue researchers are the driving force behind world changing innovations, and our partnership with Ferronova serves as yet another testament to our dedication to partnering with companies that can improve the world and save lives with Purdue technologies,” said Brooke Beier, senior vice president of Purdue Innovates.
  • “We are hopeful that this collaboration will change that, and in future, have a positive impact on the management of patients with this tragic disease.”

Medallion Resources Extends Maturity of Unsecured Promissory Notes

Retrieved on: 
Monday, July 31, 2023
Purdue Research Park, TSX Venture Exchange, MDL, Note, National Securities Markets Improvement Act of 1996, Security (finance)

VANCOUVER, British Columbia, July 31, 2023 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”), is pleased to announce that the holders of the Company’s US$1,150,000 Principal Amount unsecured promissory notes (the “Notes”) originally due August 2, 2023 (see press release dated August 4, 2022) have agreed to extend the maturity date to October 31, 2023.

Key Points: 
  • VANCOUVER, British Columbia, July 31, 2023 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”), is pleased to announce that the holders of the Company’s US$1,150,000 Principal Amount unsecured promissory notes (the “Notes”) originally due August 2, 2023 (see press release dated August 4, 2022) have agreed to extend the maturity date to October 31, 2023.
  • In consideration for the extension and cancellation of equity-related rights as mentioned above, the Company has agreed to pay the Note holders a loan bonus of US$100,000 capitalized in the Notes on August 2, 2023 and to increase the interest rate to 15% pa for the period from August 2, 2023 to October 31, 2023.
  • The total amount due on October 31, 2023 will be US$1,356,531 (Cdn$1,795,000 at the current exchange rate).
  • The loan extension provides the Company with additional time as it seeks to secure US$5 million funding by September 30, 2023 to fulfill its commitment under the technology license agreement with Purdue Research Foundation.

Purdue Research Foundation monetizes Pluvicto royalty interests to fund further research at Purdue University

Retrieved on: 
Wednesday, April 26, 2023
Purdue Research Park, University, Senior, Drug discovery, Boilermaker, Blue Owl Capital, Research, IP, Schwegman, Lundberg & Woessner, PRF, Cooley LLP, Lutetium, Novartis, Patient, FDA, SVB Securities, Prostate cancer, Pharmaceutical industry, Lutetium (177Lu) vipivotide tetraxetan, Chemistry, Purdue University

and NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Purdue Research Foundation, a private not-for-profit institute to advance the research of Purdue University, has received more than $100 million from Owl Rock, a division of Blue Owl Capital, for a portion of its royalty interest in Pluvicto (Lutetium 177Lu vipivotide tetraxetan).

Key Points: 
  • and NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Purdue Research Foundation, a private not-for-profit institute to advance the research of Purdue University, has received more than $100 million from Owl Rock, a division of Blue Owl Capital, for a portion of its royalty interest in Pluvicto (Lutetium 177Lu vipivotide tetraxetan).
  • Purdue Research Foundation secured rights to royalties from Pluvicto as a result of Purdue’s license agreement with Endocyte Corp., which was acquired by Novartis in 2018.
  • This transaction helps Purdue Research Foundation advance its mission of investing in Purdue University’s innovative technologies and supports the university’s advancement.
  • “Purdue University researchers discover and develop innovations improving the world, one of the key aspects of a land-grant university.