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Crain’s Chicago: Report details last year’s biggest venture deals in Illinois life sciences companies

by John Conrad | Aug 8, 2025 | iBIO in the News

Of the $1.24 billion in venture investments pumped into Illinois’ life sciences sector last year, about half went to the state’s late-stage companies, Series A rounds accounted for 35% and early-stage companies collected 15% of the funding, according to a...
iBIO Releases Inaugural Member Investor Portfolio Report Showcasing $1.24 Billion in Illinois Life Sciences Investment

iBIO Releases Inaugural Member Investor Portfolio Report Showcasing $1.24 Billion in Illinois Life Sciences Investment

by John Conrad | Aug 5, 2025 | iBIO News

Report highlights nearly 100 life science companies and investment trends as Chicago prepares to welcome BIO International Convention 2030 CHICAGO, IL – August 5, 2025 – The Illinois Biotechnology Innovation Organization (iBIO) today released its inaugural Member...
Illinois Life Sciences Companies Urged to Sign Group Letter Supporting SBIR/STTR Reauthorization

Illinois Life Sciences Companies Urged to Sign Group Letter Supporting SBIR/STTR Reauthorization

by John Conrad | Aug 4, 2025 | Policy News

Illinois companies stand to lose $90 million in annual funding if federal programs expire September 30th Illinois life sciences companies and associations have until August 15th to sign onto a group letter urging the state’s Congressional Delegation to...

ClostraBio’s Next-Gen Probiotic Clears Safety Hurdle

by John Conrad | Aug 1, 2025 | Member News, NewsBrief

Chicago biotech startup ClostraBio has secured GRAS (Generally Recognized as Safe) status for its flagship probiotic ingredient CLB101™, clearing the path for the first commercially available strain of Anaerostipes caccae in the U.S. What Makes It Different Unlike...
Illinois Life Sciences Companies Urged to Sign Group Letter Supporting SBIR/STTR Reauthorization

Statement from John Conrad on the President’s Most Favorite Nation Announcement

by John Conrad | May 12, 2025 | Policy News

“The President’s Most Favored Nation proposal represents a catastrophic misstep for American biosciences innovation and patient access to life-saving treatments,” said John Conrad, President and CEO of the Illinois Biotechnology Innovation Organization. “This...
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