Wednesday, October 13, 2010

Louisville, Owensboro will cooperate to grow life-science companies

Nucleus, the life-sciences initiative of the University of Louisville Foundation, and Owensboro economic development officials will cooperate to form and grow high-tech and life science companies.

Under an arrangement announced Wednesday, the Greater Owensboro Economic Development Corp. will introduce companies interested in aging and long-term care technologies to Nucleus for help analyzing business opportunities. Louisville is home to several major long-term care companies, and Nucleus is establishing the International Center for Long Term Care Innovation in Louisville.

Nucleus will introduce Louisville companies with technologies in the areas of plant-made drugs and food sciences to the Owensboro agency for similar business-growth services.