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Statement from John Conrad, President & CEO, Illinois Biotechnology Innovation Organization (iBIO), on Governor Pritzker’s Budget Address

Statement from John Conrad, President & CEO, Illinois Biotechnology Innovation Organization (iBIO), on Governor Pritzker’s Budget Address

by John Conrad | Feb 18, 2026 | Policy News

John Conrad, President and CEO of the Illinois Biotechnology Innovation Organization (iBIO), released the following statement in response to Governor JB Pritzker’s Budget Address: “iBIO commends Governor Pritzker for the proactive economic development initiatives...

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...
Syntax Bio Emerges with Innovative Cell Therapy Platform

Syntax Bio Emerges with Innovative Cell Therapy Platform

by John Conrad | Sep 19, 2024 | NewsBrief

Syntax Bio has launched with $15 million in funding from notable investors, including Astellas Venture Management LLC and Illumina Ventures. The Chicago-based startup is pioneering a novel approach to cell therapy with its Cellgorithm platform. Syntax Bio’s...
Illinois Biotechnology Innovation Organization Announces Rheoxtech as Winner of Inaugural Timothy P. Walbert Entrepreneurship Impact Award

Illinois Biotechnology Innovation Organization Announces Rheoxtech as Winner of Inaugural Timothy P. Walbert Entrepreneurship Impact Award

by John Conrad | Jun 21, 2024 | iBIO News

Illinois Biotechnology Innovation Organization Announces Rheoxtech as Winner of Inaugural Timothy P. Walbert Entrepreneurship Impact Award CHICAGO, IL (June 21, 2024) – The Illinois Biotechnology Innovation Organization (iBIO) is pleased to announce that Rheoxtech has...
Biopharma Sector Experiences Shift in Venture Funding and Investment Trends in Q1 2024

Biopharma Sector Experiences Shift in Venture Funding and Investment Trends in Q1 2024

by John Conrad | Jun 6, 2024 | NewsBrief

The biopharma sector has undergone significant changes in venture funding and investment trends during the first quarter of 2024, according to a recent PitchBook report. Despite a decrease in deal count, the sector saw an increase in venture funding, with $7.4 billion...
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