InnoCentive Announces Cooperation Agreements With Leading Universities in China and Russia.Business Editors/Health/Medical Writers ANDOVER, Mass.--(BUSINESS WIRE)--Nov. 18, 2003 Scientists at Russia and China's Leading Universities to Benefit Intellectually and Financially by Solving InnoCentive Challenges(R) Continuing to expand its relationships with leading scientific universities across China and Russia, InnoCentive(R) today announced partnerships with Kazan State University in Russia and Beijing University of Chemical Technology Beijing University of Chemical Technology (北京化工大学, BUCT) is one of the most outstanding universities in China. BUCT is founded in 1958 and is affiliated to the Ministry of Education. , Fudan University Fudan University (Simplified Chinese: 复旦大学; Traditional Chinese: 復旦大學; Pinyin: Fùdàn Dàxué , Lanzhou University Lanzhou University, founded in 1908, (SC: 兰州大学, TC: 蘭州大學, PY: Lánzhōu Dàxué) is a famous university located in Lanzhou, Gansu Province, China. and Peking University Peking University: see Beijing University. Peking University or Beijing University One of the oldest and most important institutions of higher education in China. in China. As the newest members of InnoCentive's online forum, scientists and researchers at these leading institutions will be able to work on scientific problems posed by global, innovation-driven companies and receive financial reward and merit for delivering the best solutions. InnoCentive President Darren J. Carroll and Vice President of Marketing Ali Hussein Ali Saddam Hussein al-Tikriti (Arabic: علي صدام حسين التكريتي, born 1983) is the supposed third son of Saddam Hussein, whose mother is Samira Shahbandar, Saddam's recently traveled to China and Russia to sign cooperation agreements with the universities. "Russia and China are both known for their rich history of scientific innovation. InnoCentive's partnerships with these leading universities advance the kind of international community of scientists--connecting across national borders and cultural differences--that we envisioned when we started the company," said Darren J. Carroll, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president of InnoCentive. "Regardless of geographic location, InnoCentive brings together world-class scientists and global corporations to solve difficult R&D problems." "InnoCentive recognizes the importance of partnering with leading scientific institutions to further global R&D initiatives. Today's announcement coupled with our already deep partnerships with Moscow State University Moscow State University, at Moscow, Russia, officially M. V. Lomonosov Moscow State Univ.; founded 1755 as Moscow Univ. by the Russian scientist M. V. Lomonosov, renamed Moscow State Univ. after the Russian Revolution, and renamed after its founder in 1940. and the Chinese Academy of Sciences The Chinese Academy of Sciences (CAS) (Simplified Chinese: 中国科学院; Pinyin: Zhōngguó Kēxuéyuàn), formerly known as Academia Sinica in China will enable us to accelerate scientific innovation," said Ali Hussein, vice president of Marketing at InnoCentive. "We view these institutes as the premier training ground for tomorrow's scientific leaders and we are thrilled to welcome these esteemed universities to our InnoCentive community of Solvers." InnoCentive serves as an unbiased knowledge broker between major global companies and the worldwide scientific community, enabling them to collaborate and solve difficult R&D problems. Global companies including Dow Chemical, Eli Lilly and Company Eli Lilly and Company (NYSE: LLY) is a global pharmaceutical company and one of the world's largest corporations. Eli Lilly's global headquarters is located in Indianapolis, Indiana, in the United States. , and Procter & Gamble post their tough R&D problems confidentially on the InnoCentive Web site, www.innocentive.com, where more than 35,000 leading scientists and researchers in 150 countries can solve them. Scientists who deliver solutions that best meet InnoCentive's Challenge requirements receive a financial award for their work, ranging up to USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $100,000. New Challenges are continually being posted to the InnoCentive Web site and can be viewed at www.innocentive.com/challenges. About InnoCentive InnoCentive is the first online forum that allows world-class scientists and science-based companies to collaborate in a global scientific community to achieve innovative solutions to complex challenges. InnoCentive is an e-business company of Eli Lilly and Company, a leading innovation-driven pharmaceutical company. To learn more and to register as an InnoCentive Solver, visit the InnoCentive Web site at www.innocentive.com. InnoCentive is a registered trademark of InnoCentive, Inc. Other product or service names mentioned herein are the trademarks of their respective owners. |
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