BioStorage Technologies Selected as Finalist for 2005 Indiana Entrepreneurial Award
BioStorage Technologies recognized for pioneering programs, technologies and best practices in the field of biomaterial storage, logistics and management.
INDIANAPOLIS (PRWEB) October 23, 2005
BioStorage Technologies, Inc. (BST), the premier provider of advanced biomaterials storage, inventory management and worldwide cold chain logistics, announced today that it was selected as a finalist for the 2005 Indiana Entrepreneurial Award of Distinction for Innovation. This award is bestowed by the Johnson Center for Entrepreneurship & Innovation, part of Indiana University’s prestigious Kelley School of Business.
In its inaugural year, the Indiana Entrepreneurial Awards of Distinction honor companies for their growth, groundbreaking contributions to their industry, willingness to take calculated risks and impact on the community. “These entrepreneurial companies have a strong impact on the state, not only economically but also through employment and community development,” stated Donald F. Kuratko, executive director of the Johnson Center for Entrepreneurship and Innovation. The awards were presented at a banquet held Thursday, October 20, at the Indiana Roof Ballroom in Indianapolis.
BST was selected as a finalist in the innovation category because of the company’s demonstrated ability to deliver:
Pioneering Technologies. BST recently launched Web ISISS(TM), a ground-breaking Internet-based inventory management system that provides clients with unprecedented control over their inventories of stored biological samples. Web ISISS allows clients to track, ship and manage their stored samples from any PC in the world with an Internet connection. Innovative Services. In 2005, BST announced two new services – its Rapid Response and Transition Management Programs – which provide clients with proactive strategies for relocating and protecting stored biomaterials in the face of emergencies such as floods, hurricanes, power outages and terrorist attacks. Thought Leadership. BST is a leader in the development of industry “good storage practice,” which outline best practices for transporting, storing, tracking and maintaining the integrity of stored biomaterials and their associated documentation and audit trails.
“We are proud to be recognized by this prestigious organization for our contribution to the field of biomaterial storage and logistics,” said Oscar Moralez, BST’s founder and chief operating officer. “Stored biological materials (such as clinical trial samples, donor materials and tissue samples) represent a significant financial and scientific value to the pharmaceutical, biotech and medical communities. They play an increasingly critical role in drug discovery and development. And, these specimens are instrumental in disease research and treatment. BST’s mission is to continue moving the industry forward by delivering programs and services throughout the world that benefit life science firms, research organizations and consumers who rely on cutting edge drugs and therapies.”
About BioStorage Technologies, Inc.
BioStorage Technologies, Inc. (BST) is a premier provider of advanced biomaterials storage, inventory management and worldwide cold chain logistics. The company offers expert storage and management of a wide range of specimens and sample types, from fixed tissue preparations and cord blood to active pharmaceutical ingredients, donor materials, stem cells, plasma, serum and body fluids. BST serves pharmaceutical and biotechnology developers and manufacturers; non-profit and corporate clinical research facilities; donor organizations; tissue, bone and blood banks; forensic laboratories; universities; zoological and veterinarian treatment and research facilities; and healthcare and life sciences firms around the world.
The life science company’s competitive advantages include an industry-experienced leadership team; a 22,500 square-foot custom-built biorepository facility; advanced biological storage processes and technologies; and a proprietary inventory management system --ISISS(TM) and Web ISISS(TM) -- designed specifically for compliant biomaterial storage, tracking and reporting. BioStorage Technologies, Inc. is privately-held and headquartered in Indianapolis, Ind. For more information about the company, please visit http://www. biostoragetech. com (http://www. biostoragetech. com) or call +1 (866) 697-2675.
For information about the Johnson Center for Entrepreneurship and Innovation or the Indiana Entrepreneurial Awards of Distinction call (812)855-4248 or visit http://www. kelley. indiana. edu/jcei (http://www. kelley. indiana. edu/jcei).