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BioStorage Technologies Leader Lori Ball Kicks Off James Baumgardt Speaker Series at Rose-Hulman Ventures

July 14, 2014

LORI BALL 2

Big Data In Life Sciences: Lori A. Ball, chief operating officer of BioStorage Technologies, Inc., addressed the importance of biospecimen data virtualization to the future of drug discovery as the first speaker in this summer’s James R. Baumgardt Distinguished Speaker Series at Rose-Hulman Ventures. (Photos by Chris Minnick)

Lori A. Ball, chief operating officer at global biosciences logistics leader BioStorage Technologies, Inc., kicked off this summer’s James R. Baumgardt Distinguished Speaker Series at Rose-Hulman Ventures of Rose-Hulman Institute of Technology on Monday, July 14.

Ball addressed the importance of biospecimen data virtualization to the future of drug discovery.

She leads the successful development and execution of BioStorage Technologies’ global biorepository operations and logistics expansion strategies, comprehensive sample management solutions, global strategic marketing and business development, and the design and delivery of innovative technology solutions.

Ball brings more than 25 years of consumer products, contract research organization, and pharmaceutical services industry experience to BioStorage Technologies, and she has a strategic role in the overall management and growth of the company. Her leadership has enabled BioStorage to achieve annual double-digit revenue growth and to increase its scale of operations through the expansion of facilities, growth in staffing, and development of talent. This has increased the company’s footprint into new regions and integration of new service capabilities.

At Covance, Inc., Ball established a track record of sales and revenue growth and served as the global head of sales and business development and the global head of supply chain management and logistics. In these roles, she was responsible for overseeing multiple lines of management, leading market expansion into new industry sectors and regions, developing profitable logistics partnerships and introducing innovative global sales force automation and sales techniques to the organization.

BioStorage Technologies [www.biostorage.com] is a global provider of comprehensive sample management solutions for the bioscience industry. The company offers flexible onsite, offsite, and hybrid models for the smartsourcing of research assets. 

LORI BALL

Meeting Life Sciences Leader: Rose-Hulman Ventures’ summer student interns took advantage of the opportunity to meet Lori A. Ball, chief operating officer of BioStorage Technologies, Inc., on July 14.

The James R. Baumgardt Distinguished Speaker Series recognizes the career accomplishments of the 1970 Rose-Hulman chemical engineering alumnus. Baumgardt is the chairman of the board for the NICO Corporation, is director of Neochord Inc. and is a partner of Twilight Ventures, an Indiana-based life science venture capital enterprise. He is the former executive director of business development at Eli Lilly and Company, served as president of the Guidant Foundation, was president of Guidant Sales Corporation, is the former director of Laserscope and co-founder Suros Surgical Systems.

Baumgardt is also an emeritus member of the Rose-Hulman Board of Trustees and former chairman of the trustees' Rose-Hulman Ventures Affairs Committee. He received an honorary doctorate in engineering from Rose-Hulman in 2010, and serves on the advisory boards of Butler University's School of Business and Purdue University's School of Biomedical Engineering.

Purdue University researcher Pedro Irazoqui will discuss plantable sensor technology during a session at Rose-Hulman Ventures on August 6. He is director of Purdue's Center for Implantable Devices, associate head for research and associate professor of biomedical engineering, and associate professor of electrical and computer engineering. He is also an Institute of Electrical and Electronic Engineers Fellow.

Rose-Hulman Ventures, on Rose-Hulman's South Campus, is a unique operational model for university/industry interaction that produces solutions to industrial technology challenges, keeps intellectual property with the client, and maintains confidentiality.