AgriNovus Indiana

Capital and science – two key ingredients that are shaping the future of the agbioscience economy. Dr. Jaleh Daie, Managing Partner of Aurora Equity, joins us today to talk about the state of risk capital in agbioscience, the round trip we’ve taken in the last six years and how it compares to other areas of investment.&nbsp;&nbsp; With Jaleh’s rich background in education and focus on science, what unique opportunities have been created for her? She talks doing good for humanity, trailblazing for women in science and seeing innovation through a scientific lens. Jaleh talks investment in agtech being in the “early innings” and big trends getting a lot of traction – including biologicals, gene editing and artificial intelligence (AI).&nbsp; Jaleh gets into digital and its potential to transform agriculture – from the farmgate to the dinner plate – and the opportunities to innovate in a tightening farm economy. She stresses the importance of understanding the needs of farmers and her excitement surrounding upstream innovation to create better margins and profitability for farmers around the world.&nbsp;

Dr. Jaleh Daie

Managing Partner, Aurora Equity

Capital and science – two key ingredients that are shaping the future of the agbioscience economy. Dr. Jaleh Daie, Managing Partner of Aurora Equity, joins us today to talk about the state of risk capital in agbioscience, the round trip we’ve taken in the last six years and how it compares to other areas of investment.  

With Jaleh’s rich background in education and focus on science, what unique opportunities have been created for her? She talks doing good for humanity, trailblazing for women in science and seeing innovation through a scientific lens. Jaleh talks investment in agtech being in the “early innings” and big trends getting a lot of traction – including biologicals, gene editing and artificial intelligence (AI). 

Jaleh gets into digital and its potential to transform agriculture – from the farmgate to the dinner plate – and the opportunities to innovate in a tightening farm economy. She stresses the importance of understanding the needs of farmers and her excitement surrounding upstream innovation to create better margins and profitability for farmers around the world. 

310. Dr. Jaleh Daie on investing for humanity, emerging trends in agbioscience + farmer needs as the priority for the future

The animal health market – estimated by many sources to be $60 billion globally – spans everything from pet health to livestock and holds applications for innovations in feeds, vaccines, therapeutics and beyond. Joining us this week to talk about this evolving market is Tim Bettington, EVP of Corporate Strategy and Market Development at Elanco, to share his front row view on the evolution of animal health and the driving forces behind its growth. &nbsp; Tim talks Elanco’s bifurcation between pet and livestock health, the dynamic challenge of bringing innovation to market in both categories and their unique individual challenges and opportunities. He also gets into investment dollars flowing heavily into the pet space – and how to balance that against innovation in livestock as potential to transform our food system and planet. &nbsp; Innovation in livestock has been focused largely on methane reduction in cattle and Tim shares Elanco’s approach to creating products for the animal health space while also giving farmers a pathway to economic and environmental sustainability. Tim talks their partnership with Athian, the launch of Bovaer in the U.S. market and Elanco’s role in the future of the agricultural industry. &nbsp; How does Elanco view their balance between internal R&amp;D and external partnerships? Tim dives into the critical role of artificial intelligence (AI) to optimize solutions to problems more quickly and what emerging trends will create a bigger footprint moving forward. He also talks the OneHealth Innovation District coming to Indianapolis, innovating for overall health and what’s ahead. &nbsp;

Tim Bettington

EVP Corporate Strategy + Market Development, Elanco

The animal health market – estimated by many sources to be $60 billion globally – spans everything from pet health to livestock and holds applications for innovations in feeds, vaccines, therapeutics and beyond. Joining us this week to talk about this evolving market is Tim Bettington, EVP of Corporate Strategy and Market Development at Elanco, to share his front row view on the evolution of animal health and the driving forces behind its growth.  

Tim talks Elanco’s bifurcation between pet and livestock health, the dynamic challenge of bringing innovation to market in both categories and their unique individual challenges and opportunities. He also gets into investment dollars flowing heavily into the pet space – and how to balance that against innovation in livestock as potential to transform our food system and planet.  

Innovation in livestock has been focused largely on methane reduction in cattle and Tim shares Elanco’s approach to creating products for the animal health space while also giving farmers a pathway to economic and environmental sustainability. Tim talks their partnership with Athian, the launch of Bovaer in the U.S. market and Elanco’s role in the future of the agricultural industry.  

How does Elanco view their balance between internal R&amp;D and external partnerships? Tim dives into the critical role of artificial intelligence (AI) to optimize solutions to problems more quickly and what emerging trends will create a bigger footprint moving forward. He also talks the OneHealth Innovation District coming to Indianapolis, innovating for overall health and what’s ahead.  

316. Elanco’s Tim Bettington on the evolution of animal health, the barriers of bringing innovation to market

The animal health market – estimated by many sources to be $60 billion globally – spans everything from pet health to livestock and holds applications for innovations in feeds, vaccines, therapeutics and beyond. Joining us this week to talk about this evolving market is Tim Bettington, EVP of Corporate Strategy and Market Development at Elanco, to share his front row view on the evolution of animal health and the driving forces behind its growth.  

Tim talks Elanco’s bifurcation between pet and livestock health, the dynamic challenge of bringing innovation to market in both categories and their unique individual challenges and opportunities. He also gets into investment dollars flowing heavily into the pet space – and how to balance that against innovation in livestock as potential to transform our food system and planet.  

Innovation in livestock has been focused largely on methane reduction in cattle and Tim shares Elanco’s approach to creating products for the animal health space while also giving farmers a pathway to economic and environmental sustainability. Tim talks their partnership with Athian, the launch of Bovaer in the U.S. market and Elanco’s role in the future of the agricultural industry.  

How does Elanco view their balance between internal R∓D and external partnerships? Tim dives into the critical role of artificial intelligence (AI) to optimize solutions to problems more quickly and what emerging trends will create a bigger footprint moving forward. He also talks the OneHealth Innovation District coming to Indianapolis, innovating for overall health and what’s ahead.

Food: it’s the only economy that touches every person the planet and ideally, we have a relationship with it three times a day. Despite that, many don’t know where their food comes from or its connection to the farm. Christy Wright, Director of Global Food at Corteva Agriscience, joins us today to connect the farmgate to the dinnerplate, the global challenge of food security and what dynamics play into the food economy.&nbsp;&nbsp; Christy dives into what unites farmers and consumers: the desire for a safe, affordable food supply created sustainably. She also gets into the convergence of food and health, Corteva’s role in optimizing nutrition across the globe through farmer inputs and linking arms with food companies to optimize ingredients.&nbsp;&nbsp; As food continues to optimize for health, what emerging trends excite Christy? She talks biologicals, regenerative agriculture and other “leveling up” solutions that create healthy crops that meet the needs of a growing population.&nbsp;&nbsp; As for how the needs of farmers are being met on the other end of the value chain, Christy also gets into Corteva Catalyst, bringing innovation to market and what she sees as the next chapter of our food system.&nbsp;

Christy Wright

Director, Global Food Systems, Corteva Agriscience

Food: it’s the only economy that touches every person the planet and ideally, we have a relationship with it three times a day. Despite that, many don’t know where their food comes from or its connection to the farm. Christy Wright, Director of Global Food at Corteva Agriscience, joins us today to connect the farmgate to the dinnerplate, the global challenge of food security and what dynamics play into the food economy.  

Christy dives into what unites farmers and consumers: the desire for a safe, affordable food supply created sustainably. She also gets into the convergence of food and health, Corteva’s role in optimizing nutrition across the globe through farmer inputs and linking arms with food companies to optimize ingredients.  

As food continues to optimize for health, what emerging trends excite Christy? She talks biologicals, regenerative agriculture and other “leveling up” solutions that create healthy crops that meet the needs of a growing population.  

As for how the needs of farmers are being met on the other end of the value chain, Christy also gets into Corteva Catalyst, bringing innovation to market and what she sees as the next chapter of our food system. 

315. Corteva Agriscience’s Christy Wright on the convergence of ag, food and health + bringing innovation to market

Cooperatives and retailers have been critical infrastructure for agriculture for generations. Keystone Cooperative CEO, Kevin Still, joins today to discuss their key role on farming operations and how ag retail has evolved since its inception.&nbsp;&nbsp;&nbsp; As on-farm technologies continue to advance so does its role in cooperatives’ product portfolio. Kevin dives into Keystone Cooperative’s approach to being a trusted advisor on products and solutions that create value for their farmers – from data management to labor.&nbsp;&nbsp; Keystone Cooperative is just a few months old and Kevin gives an update on their people, processes and bringing synergies together. Looking ahead, he talks investing in new technologies at scale and being a conduit between emerging technologies and the farmer. He also gets into the next four decades of agriculture and a new evolution of the farmer.&nbsp;&nbsp;

Kevin Still

CEO, Keystone Cooperative

Cooperatives and retailers have been critical infrastructure for agriculture for generations. Keystone Cooperative CEO, Kevin Still, joins today to discuss their key role on farming operations and how ag retail has evolved since its inception.   

As on-farm technologies continue to advance so does its role in cooperatives’ product portfolio. Kevin dives into Keystone Cooperative’s approach to being a trusted advisor on products and solutions that create value for their farmers – from data management to labor.  

Keystone Cooperative is just a few months old and Kevin gives an update on their people, processes and bringing synergies together. Looking ahead, he talks investing in new technologies at scale and being a conduit between emerging technologies and the farmer. He also gets into the next four decades of agriculture and a new evolution of the farmer.  

314. Kevin Still on a hot start for Keystone Cooperative, being a conduit between tech + the farmer amidst a new speed of change

July was a month of momentum for the agbiosciences, including the release of new research that revealed Indiana agbioscience contributes nearly $70B to the state’s economy. We are here to recap the month: &nbsp;<ul><li>Accelerate 2050 – a new study that highlights three priority opportunities for the agbiosciences including Food is Health, Farmer-Focused Innovation and Farmer-Focused Innovation. We also hear RTI’s Jim Redden’s comments on what these areas of focus mean for Indiana – and around the world.&nbsp;</li><li>Heartland BioWorks – recently announced a nearly $51 million implementation grant made possible by the Regional Technology and Innovation Hubs program created by the CHIPS and Science Act of 2022. &nbsp;</li><li>Vital Farms – expanding its supply chain to Seymour, Indiana with plans to break ground in 2025 and be fully operational in 2027. This will add 150 new jobs to the area.&nbsp;</li><li>IBJ 250 – celebrating agbioscience representation on Indiana’s list of most prominent leaders!&nbsp;</li><li>We are hitting the road for more! West Lafayette and Bedford – join us! Click here to register for these free events: <a href="https://agrinovusindiana.com/events/accelerate-2050-driving-growth-in-the-future/" rel="noopener noreferrer" target="_blank">https://agrinovusindiana.com/events/accelerate-2050-driving-growth-in-the-future/</a>&nbsp;</li><li> QUADRANT is also back in September. Register here: <a href="https://agrinovusindiana.com/quadrant/" rel="noopener noreferrer" target="_blank">https://agrinovusindiana.com/quadrant/</a>&nbsp;</li></ul>&nbsp;Other episodes of Agbioscience mentioned: &nbsp;<ul><li>Dr. Kofi Essel, Elevance Health - <a href="https://podcast.agrinovusindiana.com/public/215/Agbioscience-8a9a4381/6d11d81a" rel="noopener noreferrer" target="_blank">https://podcast.agrinovusindiana.com/public/215/Agbioscience-8a9a4381/6d11d81a</a>&nbsp;</li><li>Dave Roberts + Andrew Kossack, Applied Research Institute: <a href="https://podcast.agrinovusindiana.com/public/215/Agbioscience-8a9a4381/22551e39" rel="noopener noreferrer" target="_blank">https://podcast.agrinovusindiana.com/public/215/Agbioscience-8a9a4381/22551e39</a>&nbsp;</li><li>&nbsp;</li></ul>

July was a month of momentum for the agbiosciences, including the release of new research that revealed Indiana agbioscience contributes nearly $70B to the state’s economy. We are here to recap the month:  

Accelerate 2050 – a new study that highlights three priority opportunities for the agbiosciences including Food is Health, Farmer-Focused Innovation and Farmer-Focused Innovation. We also hear RTI’s Jim Redden’s comments on what these areas of focus mean for Indiana – and around the world. 

Heartland BioWorks – recently announced a nearly $51 million implementation grant made possible by the Regional Technology and Innovation Hubs program created by the CHIPS and Science Act of 2022.  

Vital Farms – expanding its supply chain to Seymour, Indiana with plans to break ground in 2025 and be fully operational in 2027. This will add 150 new jobs to the area. 

IBJ 250 – celebrating agbioscience representation on Indiana’s list of most prominent leaders! 

We are hitting the road for more! West Lafayette and Bedford – join us! Click here to register for these free events: https://agrinovusindiana.com/events/accelerate-2050-driving-growth-in-the-future/ 

 QUADRANT is also back in September. Register here: https://agrinovusindiana.com/quadrant/ 

 

Other episodes of Agbioscience mentioned:  

Dr. Kofi Essel, Elevance Health - https://podcast.agrinovusindiana.com/public/215/Agbioscience-8a9a4381/6d11d81a 

Dave Roberts + Andrew Kossack, Applied Research Institute: https://podcast.agrinovusindiana.com/public/215/Agbioscience-8a9a4381/22551e39 

 

313. Mitch Frazier on AgriNovus’ newly released study, Heartland BioWorks’ $51M grant, Vital Farms coming to Indiana and more

Food – it's the only economy in the world that touches every person on the planet and it’s foundational to human health. So much so that leaders across the economy are uniting the power of food to drive health. It’s a new category of innovation called Food is Health and the nation’s 2nd largest health insurer, Elevance Health, is investing in this area. Dr. Kofi Essel, Food as Medicine Director at Elevance Health, joins today to talk food preventing, managing and treating disease.&nbsp; Poor diet is one of the leading risk factors for decreased quality of life and premature death. A former pediatrician, Kofi talks about food as medicine being great healthcare and social drivers of health being critical to what happens within the four walls of a doctor’s office. He also stresses the importance of thinking beyond those experiencing food insecurity to nutrition security – ensuring access to the right types of food for their overall health.&nbsp; The innovative intersection of human health and food is headed for a revolution – and digital is a big piece of that. Kofi gets into Elevance Health’s role in this space and bridging the gap between nutrition supply and demand. As he speaks on hunger as a pervasive problem in the United States, Kofi talks about the innovative solutions that will be needed – and that includes the AgriNovus HungerTech Challenge – designed to create digital solutions that increase access to food and nutrition.&nbsp;&nbsp; How will we know if food is health is making a difference? Kofi talks health outcomes data, costs of healthcare and thinking about nutrition equity no matter your location.&nbsp;

Dr. Kofi Essel

Food as Medicine Director, Elevance Health

Food – it's the only economy in the world that touches every person on the planet and it’s foundational to human health. So much so that leaders across the economy are uniting the power of food to drive health. It’s a new category of innovation called Food is Health and the nation’s 2nd largest health insurer, Elevance Health, is investing in this area. Dr. Kofi Essel, Food as Medicine Director at Elevance Health, joins today to talk food preventing, managing and treating disease. 

Poor diet is one of the leading risk factors for decreased quality of life and premature death. A former pediatrician, Kofi talks about food as medicine being great healthcare and social drivers of health being critical to what happens within the four walls of a doctor’s office. He also stresses the importance of thinking beyond those experiencing food insecurity to nutrition security – ensuring access to the right types of food for their overall health. 

The innovative intersection of human health and food is headed for a revolution – and digital is a big piece of that. Kofi gets into Elevance Health’s role in this space and bridging the gap between nutrition supply and demand. As he speaks on hunger as a pervasive problem in the United States, Kofi talks about the innovative solutions that will be needed – and that includes the AgriNovus HungerTech Challenge – designed to create digital solutions that increase access to food and nutrition.  

How will we know if food is health is making a difference? Kofi talks health outcomes data, costs of healthcare and thinking about nutrition equity no matter your location. 

312. Dr. Kofi Essel on food is health, nutrition security, innovative collisions with agbioscience + making sure to measure outcomes

A team of researchers recently dug in to Indiana’s&nbsp; $69.6 agbioscience economy and its opportunities for growth well into the future – 2050, to be exact. Amanda Rose, agri-food systems lead for RTI International, joins us to elaborate on the newly released study, Accelerate 2050: A Vision for Indiana Agbioscience, and three defined opportunities for differentiated growth amid future uncertainty, including:&nbsp; <ol><li>Farmer-Focused Innovation&nbsp;</li><li>Food is Health&nbsp;</li><li>BioInnovation&nbsp;</li></ol> Why these opportunities? Amanda gets into the study’s methodology, marrying economic data with strategic foresight and creating the conditions for a future economy you want. These aren’t ideas bouncing off the wall but are grounded in existing assets that make Indiana unique. She also talks economic data, establishing a benchmark for future competitive analysis and how the data compares relative to other industries.&nbsp;&nbsp; This study was largely about the future, so what’s ahead? Amanda talks about possible future scenarios for agbioscience on a global scale and the importance of operating and innovating at unique intersections to drive big outcomes – for people, plants, animals and the planet.&nbsp;

Amanda Rose

Agri-food Systems Lead, RTI International

A team of researchers recently dug in to Indiana’s  $69.6 agbioscience economy and its opportunities for growth well into the future – 2050, to be exact. Amanda Rose, agri-food systems lead for RTI International, joins us to elaborate on the newly released study, Accelerate 2050: A Vision for Indiana Agbioscience, and three defined opportunities for differentiated growth amid future uncertainty, including: 

Farmer-Focused Innovation 
Food is Health 
BioInnovation 

Why these opportunities? Amanda gets into the study’s methodology, marrying economic data with strategic foresight and creating the conditions for a future economy you want. These aren’t ideas bouncing off the wall but are grounded in existing assets that make Indiana unique. She also talks economic data, establishing a benchmark for future competitive analysis and how the data compares relative to other industries.  

This study was largely about the future, so what’s ahead? Amanda talks about possible future scenarios for agbioscience on a global scale and the importance of operating and innovating at unique intersections to drive big outcomes – for people, plants, animals and the planet. 

311. RTI International’s Amanda Rose on Indiana’s $69.6B agbioscience economy, three defined priorities for the future

This weekly podcast dives into the agbioscience sector, where agriculture, life sciences innovation and cutting-edge technology converge. Agbioscience is an in-depth conversation with leaders, innovators and entrepreneurs across food, animal health. plant science and agtech. Learn more about industry innovation and where it's heading from those leading the way.

The animal health market – estimated by many sources to be $60 billion globally – spans everything from pet health to livestock and holds applications for innovations in feeds, vaccines, therapeutics and beyond. Joining us this week to talk about this evolving market is Tim Bettington, EVP of Corporate Strategy and Market Development at Elanco, to share his front row view on the evolution of animal health and the driving forces behind its growth.&nbsp;&nbsp; Tim talks Elanco’s bifurcation between pet and livestock health, the dynamic challenge of bringing innovation to market in both categories and their unique individual challenges and opportunities. He also gets into investment dollars flowing heavily into the pet space – and how to balance that against innovation in livestock as potential to transform our food system and planet.&nbsp;&nbsp; Innovation in livestock has been focused largely on methane reduction in cattle and Tim shares Elanco’s approach to creating products for the animal health space while also giving farmers a pathway to economic and environmental sustainability. Tim talks their partnership with Athian, the launch of Bovaer in the U.S. market and Elanco’s role in the future of the agricultural industry.&nbsp;&nbsp; How does Elanco view their balance between internal R&amp;D and external partnerships? Tim dives into the critical role of artificial intelligence (AI) to optimize solutions to problems more quickly and what emerging trends will create a bigger footprint moving forward. He also talks the OneHealth Innovation District coming to Indianapolis, innovating for overall health and what’s ahead.&nbsp;&nbsp;

310. Dr. Jaleh Daie on investing for humanity, emerging trends in agbioscience + farmer needs as the priority for the future

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Today's Host

Mitch Frazier

Today's Guests

Dr. Jaleh Daie

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