- Associated Press - Monday, April 14, 2014

BLOOMINGTON, Ind. (AP) - A center that helps Indiana University researchers work with businesses to bring their discoveries to market is planning a move in Indianapolis.

The Indiana University Research and Technology Corp. wants to sell its existing Innovation Center building in downtown Indianapolis and move into the former Wishard Memorial Hospital on the edge of the IUPUI campus.

Corporation officials proposed the move to university trustees Friday. They say the move will put the center closer to students and faculty.

No timetable for selling the existing building has been established.

University officials say the research center helped launch 16 faculty startup companies in 2013.

Wishard Hospital closed Dec. 7 with the opening of the new $754 million Eskenazi (es-kah-NAH’-zee) Hospital nearby.

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