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That’s one idea that has emerged in talks between representatives of the andthe Denver-basedc , said Paul Raybould, the foundation’s vice president of busineszs development. The parties are talkinv about making the Innovation Campus home to a Centerof Innovation, which could pump roughly $20 million in KBA moneyg into the effort. Through the authority’sz Center of Innovation program, the KBA generallh provides research financing to expeditd the translation of concepts intomarketable products.
The authoritg has provided money for four centers in the KBA CEO Tom Thornton said the partnership being discussed with the Morris Foundation would be a good fit for a Center ofInnovationb program. “In terms of Thornton said of an animap healthinnovation center, “this is a very importang one for us.” Foundation and local life sciences officiald have been talking for more than a year aboutr a partnership. The foundation hopes the area’sd animal health companies can help it commercializde the researchit finances. Raybould said the foundationm plans tospend $11 million total on researchu during the next three years, which will financde about 200 studies.
It has a network of roughly 1,200 researchers around the world studying issues related to large animals and The marketfor companion-animal products is expecteed to become especially lucrative as pet owners spende more on health products for their animals. Rayboulx said talks between the foundation and the animakl health corridor also have identified work force developmenr as akey focus. He said a memorandujm of understanding that outlinesw the broad points of an agreement could be approved byMay 29. “Th e bits of the puzzle are allcomintg together,” Raybould said.
Dan Getman, president of the , said the memorandukm will serve mostly as a nonbinding letter of He declined to comment on the specificsRayboulde mentioned.
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