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No buildings yet at Elk Run biobusiness park, but lawsuit has been filed

No buildings yet at Elk Run biobusiness park, but lawsuit has been filed

February 13, 2012 3:53 pm by | 5 Comments

People waiting for construction to start at the much-touted Elk Run biobusiness park are getting used to the idea of delayed gratification as yet another construction deadline has come and ... Read more

Whether it’s media or medical industry, Kool-Aid is a killer

Whether it’s media or medical industry, Kool-Aid is a killer

August 4, 2011 2:06 pm by | 13 Comments

Let’s begin with a simple premise: Fantasy is bad. Reality is good.Entrepreneurs begin with a dream. But things go badly when they drink their own Kool-Aid. That’s when valuable advisers ... Read more


Steve Burrill: $350 million from Capital Fund IV will close this month

Steve Burrill: $350 million from Capital Fund IV will close this month

August 1, 2011 6:06 pm by | 0 Comments

Biotech industry observer G. Steven Burrill says he will soon have $350 million to invest in a broad range of companies.Burrill late last week filed paperwork with the Securities and ... Read more

Steve Burrill is raising a $500 million fund. Is it for his Minnesota project?

Steve Burrill is raising a $500 million fund. Is it for his Minnesota project?

August 1, 2011 11:05 am by | 0 Comments

San Francisco financier and biotech observer Steve Burrill has made a filing with the Securities and Exchange Commission showing that he is looking to raise $500 million.Could Burrill’s Capital Fund ... Read more

No building stands yet on Elk Run property; yet interchange is on schedule

No building stands yet on Elk Run property; yet interchange is on schedule

April 12, 2011 12:05 pm by | 0 Comments

One thing the interminably delayed Elk Run biotech/real estate development in southeastern Minnesota demands is patience.And that’s exactly what the Minnesota Department of Transportation has displayed in great abundance. Last ... Read more

Venture capitalist abandons effort to create Minnesota early stage fund(?)

Venture capitalist abandons effort to create Minnesota early stage fund(?)

January 6, 2011 3:05 pm by | 0 Comments

Fund founder Jim O'Reilly says it was "fairly impossible" to raise money. For O'Reilly, explaining Upwind to potential investors proved to be a challenge in itself. For one thing, O'Reilly ... Read more

Elk Run developer CEO gets medieval on MedCity News

Elk Run developer CEO gets medieval on MedCity News

December 15, 2010 12:53 pm by | 10 Comments

When you're the president and CEO of a major national real estate development firm, it's best to develop a thick skin. It's also probably not a good idea to post ... Read more


Will God save the Elk Run BioBusiness Park project in Minnesota?

Will God save the Elk Run BioBusiness Park project in Minnesota?

December 14, 2010 4:36 pm by | 9 Comments

"There are two things that we know about the universe," Abraham Algadi said. "We can only control the things we can control. The rest, we leave to a higher power." ... Read more

Will BioBusiness Alliance get some love from Minnesota GOP?

Will BioBusiness Alliance get some love from Minnesota GOP?

November 26, 2010 1:32 pm by | 2 Comments

Dale Wahlstrom is an optimistic guy. But budget-cutting Republicans poised to control the House and Senate, and possibly the governor's office next year may test the optimism of the BioBusiness ... Read more

Burrill & Co., Infinity Group to invest in China

Burrill & Co., Infinity Group to invest in China

October 14, 2010 1:52 pm by | 0 Comments

Burrill & Co. and the Infinity Group are joining forces to pursue investments in Chinese life science companies. San Francisco-based Burrill, a venture capital/private equity player that's also trying to ... Read more

Heavy floods may delay construction of Elk Run BioBusiness Park

Heavy floods may delay construction of Elk Run BioBusiness Park

September 27, 2010 9:05 am by | 3 Comments

Is it my imagination or does the Elk Run development project in Pine Island, Minnesota, seem a little... what's the word I'm looking for?... oh, yeah... cursed? Don't believe me? ... Read more

Coordinate Capital mum on Minnesota biotech fund

Coordinate Capital mum on Minnesota biotech fund

September 22, 2010 12:07 pm by | 1 Comments

Steve Burrill may have trouble keeping quiet about the proposed $1 billion fund to back the Elk Run BioBusiness Park, but at least one Burrill-related fund in Minnesota has largely ... Read more

Burrill: ‘We’ve made an exceptional commitment’ to Minnesota

Burrill: ‘We’ve made an exceptional commitment’ to Minnesota

September 7, 2010 12:47 pm by | 2 Comments

Fairly or not, Steve Burrill's reputation in Minnesota will rest a great deal on whether he can deliver the $1 billion investment fund to back the Elk Run BioBusiness Park ... Read more

With foreign fund, Burrill says $1B Elk Run fund at ‘goal line’

With foreign fund, Burrill says $1B Elk Run fund at ‘goal line’

September 3, 2010 11:12 am by | 0 Comments

The man responsible for finding cash to support the Elk Run BioBusiness Park says he's in final negotiations with a foreign investor for the long-promised $1 billion investment fund. In ... Read more

Burrill to start angel investment fund in northern Wisconsin

Burrill to start angel investment fund in northern Wisconsin

August 31, 2010 4:02 pm by | 0 Comments

Steve Burrill is searching for money, this time among rich vacation-goers in northern Wisconsin. The San Francisco-based biotech investor who is trying to create a $250 million investment fund to ... Read more