McRobbie to serve on BioCrossroads board

BioCrossroads announced IU President Michael McRobbie as one of the newest members of its board of directors yesterday. McRobbie takes the place of former IU president Adam Herbert on the board of directors.\nThe company also announced Purdue President France Cordova as a new addition to the board. \nBioCrossroads, a privately funded organization devoted to developing Indiana’s life sciences initiative, provides money and support to life sciences businesses and research and has worked with both IU and Purdue in the past. \n“Our board meets about three times a year, so (McRobbie’s) will play mostly a leadership role,” said Lori LeRoy, PR and marketing director for BioCrossroads. \nIU partnered with BioCrossroads to help the University move laboratory discoveries to the marketplace more quickly, according to a May 30, 2006, press release. BioCrossroads helps IU identify the market potential of its many research projects, especially those in the IU School of Medicine.