MEMPHIS, Tennessee, September 3, 2008 – Innova Memphis Inc, an early stage investment fund, announced today it has invested in Vaxent, a vaccine development company located in Memphis, Tennessee. Vaxent is using recombinant DNA technology t... (more)

Innova Memphis Inc. Invests In arGentis Pharmaceuticals
April 21, 2008
Innova Memphis Inc., an early-stage investment fund, announced today it has invested in arGentis Pharmaceuticals LLC, a specialty pharmaceutical company based in Memphis. Innova was created by the Memphis Bioworks Foundation to fund Memphis compa... (more)

Biotech Originator Helps New Crop Of Inventors
February 13, 2008
The entrepreneur who created Memphis' first biotech business is now helping a new generation of inventors. Preston Dorsett three weeks ago was named executive in residence at Memphis Bioworks Foundation, but has quickly gravitated to Innova, a bus... (more)

New Innova Prez Hits Ground Running
December 13, 2007
When Ken Woody started his new job in the past couple of weeks, he already had a backlog of work, which he's more than doubled since then. Woody is the first president of Innova, a novel business development project spun out of Memphis Bioworks Foun... (more)

Armed with fresh funding, Innova prepares to launch investments in promising biotechs
November 30, 2007
The Innova biotech investment vehicle got fueled up with $11.5 million from MemphisED last month and it now has a driver. He's beginning to decide what to take to the marketplace.

That driver is former Smith & Nephew, Inc., executive Ken Woody... (more)

Capitalizing on science
November 22, 2007
It's only been about two weeks since Ken Woody became president of Innova Inc., a new firm meant to launch small science-based companies.

But Woody has already heard formal presentations from three firms looking for funds, and he's in touch wi... (more)

Innova: Where ideas will sprout
October 11, 2007
People who have ideas for science-based businesses but need support to make them work will soon have a place to go for help.

The Memphis Bioworks Foundation is forming Innova Inc. with $11.5 million over five years from the economic developmen... (more)