ISTP, 4901 Searle Parkway, Skokie, Il 60077

Cyclopure Commercialization

The team aims to take their technology into several markets. There is the consumer point-of-use market (think of home systems that use carbon to purify water). The company plans to sell branded products through its e-commerce website.

In parallel with commercialization of the first generation of water treatment products, the company continues to invest heavily in research and development to improve the performance and value of its cyclodextrin adsorbents. Cyclopure’s scientists have modified their cyclodextrin adsorbents to target specific contaminants. After targeting pharmaceuticals and pesticides with its technology, the company’s chemists designed a second adsorbent named, DEXSORB+ and will be used for municipal applications. Today, its pilot scale production at the lab is producing 60 kilograms per month, enabling them to push out its commercial products, analytical and home activities. The company is launching its second home water test kit for pharmaceuticals and pesticides.

“If we can get people to trust in their tap again, with a cost effective solution, it’s a home run for everybody,” Frank Cassou, chief executive officer of Cyclopure said. “We are all trying to preserve water, be efficient in times where there’s growing populations. We want to bring a solution to the household that is healthy, affordable, and sustainable.”

For more insights on Cyclopure, click here.

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Chicago Area Life Science Cluster

A life sciences cluster has also grown in recent years in and around Chicago, where three federal laboratories, several biopharma giants, and an emerging community of startups are buttressed by a strong base of academic research institutions—including Northwestern University, the University of Chicago, and the University of Illinois.

The bioscience industry’s economic footprint reaches into so many local communities across the country. From capital investments to research & development, this report shows the impact of the biosciences across the nation’s innovation ecosystem.

In Illinois, life sciences employers grew their employment base since 2016, increasing by 3.2 percent reaching nearly 88,000 direct jobs. Research also ranked in the top tier of all states in life sciences related academic R&D activities. Illinois research institutions spent nearly $1.6 billion in 2018 on R&D.

“The bioscience industry is critically important to Illinois and we are proud to work closely with partners like iBIO to help ensure the future of the industry and its role as an economic driver in the region,” said Pete Pellerito, BIO Senior Policy Adviser for Federal and State Economic Development and Technology Transfer Initiatives. To access the entire article, click here.

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Durbin & Pritzker Visit ISTP

At a press conference, Governor Pritzker recognized the contributions of the ISTP tenant community, American Landmark Properties and Village of Skokie as well as local members of the State Legislature. Additionally, the Governor highlighted Rebuild Illinois — a program that helps out every part of our state’s economy, and is a sustainable program that’s going to be paying dividends for years to come.

Pritzker announced at ISTP “Illinois now has a new message for the world. Illinois is back and we are open for business. Together we can build a state that truly serves as a beacon for families and businesses and good paying jobs.”

Senator Durbin met with representatives from ISTP and Park tenants, Vetter, Exicure, NuMat Technologies and the Village of Skokie

Durbin noted “I enjoyed getting the chance to meet with business leaders at the Illinois Science + Technology Park and learn more about the innovative work they are doing. I’ve made it a priority in Congress to support and increase federal funding for scientific research, which will help support ISTP’s innovators and inventors.”

After providing Durbin a look into the wet lab space at Exicure, CEO David Giljohann said “A great visit with a champion of science!”

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