Medical device company moves into Carr Workplaces at the Convergence Center in Purdue’s Discovery Park District

Zorion Medical developing “fully absorbable” implant devices is increasing development work in collaboration with researchers at Purdue University

WEST LAFAYETTE, Ind. – Zorion Medical Inc., an innovative medical device company developing fully absorbable implants for use in treating peripheral vascular disease, coronary artery disease, orthopedics and other surgical applications, is opening a project development center with Carr Workplaces adjacent to the Purdue University campus in the Convergence Center for Innovation and Collaboration.

The new project development center will place Zorion in the heart of the $1 billion-plus Purdue Discovery Park District, providing proximity and access to Purdue researchers, core labs and preclinical capabilities to advance the company’s product applications through early-stage development. The company intends to maintain lab and pilot scale, clean room manufacturing operations in Indianapolis.

“As we expand our business operations, it is important to be close to our key collaborators at Purdue,” said David Broecker, founder and executive chairman at Zorion. “The Carr Workplaces solution is ideal because it provides us with both physical space and professional business support on campus. For an emerging medical device company, this is an ideal solution.”

“Zorion is the perfect fit for the type of company that can benefit from being in Carr Workplaces,” said Ethan Kingery, general manager for Carr’s West Lafayette location. “They want to be on campus to increase access to testing facilities and collaborative research activities with Purdue researchers. Our professional business support provides David and his team focus on building their company, while allowing us to provide the business support they need.”

Carr Workplaces is a leader in the co-working industry and will be opening more than 20,000 square feet of professional office, conference rooms and meeting spaces in the Convergence Center for Innovation and Collaboration. Opening in May, the Carr Workplaces operation in the Discovery Park District will be the first Carr location on a university campus. The space offers 68 private offices for companies and a range of professional services for companies that want proximity to Purdue students, researchers and facilities

Broecker, who also is the chief innovation and collaboration officer for Purdue Research Foundation, said Carr Workplaces provides a new place for companies within the Purdue entrepreneurial community.

“I work with companies all the time and know the importance of having the types of support and amenities Carr Workplaces offers,” Broecker said. “We are pleased that Discovery Park District is the first university location for Carr Workplaces.”

About Zorion Medical

Zorion Medical Inc. is an innovative platform technology company developing fully absorbable medical devices based on bio-metal alloys. The potential target opportunities for this technology include peripheral vascular disease, coronary artery disease, orthopedics, and a variety of surgical applications. The company works in collaboration with development and supply partners, including Fort Wayne Metals and Parkview Hospital in Indiana and Interplex Medical in Ohio.

About Carr Workplaces

Headquartered in Washington, D.C., Carr Workplaces is the premier provider of co-working space with 27 locations across the United States. Carr Workplaces delivers the same level of concierge service experienced at a luxury hotel but in a co-working, professional setting. Hospitality is what separates Carr Workplaces from its competition, as the company is driven by a passion to deliver for its clients, helping its members add to their bottom line. Carr Workplaces operates workspaces in key markets across the U.S., including Boston, Chicago, Los Angeles, New York, San Francisco and Washington, D.C.

About Discovery Park District

The $1 billion-plus Discovery Park District is a Purdue Research Foundation entity adjacent to the Purdue University campus and is a transformational center of innovation. The more than 400-acre district offers a thriving, walkable, urban setting that provides a unique opportunity to collaborate with thought leaders, visionaries, researchers and students at Purdue University. The district plans include laboratories, advanced manufacturing facilities, offices, retail shops, restaurants, housing, green space and trails. Managed by the Purdue Research Foundation and its master plan partner Browning Investments LLC, the district already includes a public airport with a 7,000-foot runway, and international companies including Rolls-Royce, Schweitzer Engineering Laboratories and Saab. For more information, visit Discovery Park District.

Media Contact: Cynthia Sequin, casequin@prf.org

Sources:

David Broecker, dabroecker@prf.org

Ethan Kingery Ethan.Kingery@carrworkplaces.com