A Medical Device Daily
The Kosciusko County Community Foundation (KCCF; Warsaw, Indiana) and BioCrossroads (Indianapolis) reported that a $7 million grant, made by Lilly Endowment (Indianapolis) will support the establishment of OrthoWorx, a Warsaw-based, industry, community and education initiative to advance and support growth and innovation within the region's uniquely concentrated, globally significant orthopedics device sector. The initiative will engage and enhance the broader community interests that both serve and depend upon the sector's continued growth.
The OrthoWorx initiative was created out of a comprehensive Endowment-funded study conducted by BioCrossroads, Indiana's public-private collaboration for investment, development and advancement of the state's signature life sciences strengths.
Released Sept. 10, the report, "Warsaw, Indiana: The Orthopedics Capital of the World – An overview, analysis and blueprint for future industry and community growth," explores the sector's current assets and challenges and sets forth a series of action-oriented recommendations designed to secure and advance the community's current position as home to nearly a third of the world's orthopedic device industry.