Andover, Massachusetts, United States
InnoCentive, Inc. is pleased to announce the creation of an advisory board. These accomplished members bring invaluable expertise and insight to InnoCentive's innovative and unique mission of building a global scientific network. InnoCentive has fundamentally changed the way leading R&D companies are conducting their global business. With these appointments, InnoCentive will continue to define the strategy for using networks for scientific and technical progress.
Alpheus Bingham, InnoCentive president and CEO, said, "We are delighted to have such high quality leaders participate in shaping our future. They will assist InnoCentive in further defining and advancing our unique approach to open innovation."
Appointed to the new advisory board are:
-- Dr. Henry Chesbrough, executive director, Center for Technology Strategy and Management, Haas School of Business, University of California, Berkeley
-- Jay Gallinatti, founding executive and former senior vice president of Overture Services, Inc., a wholly owned subsidiary of Yahoo! Inc.
-- Chris Meyer, chief executive of Monitor Networks, a new addition to The Monitor Group, and,
-- Dr. Gilbert Omenn, professor of internal medicine and human genetics at the University of Michigan Medical School, professor in the School of Public Health and president-elect of the American Association for the Advancement of Science (AAAS).
The advisory board will be constituted in a manner required to ensure that InnoCentive has access to the best possible advice on its open sourced, incentive-based global R&D business.
"InnoCentive's newly appointed advisors are thought leaders in scientific discovery, open innovation and online search," said Stephen McGrath, a member of the InnoCentive board of directors. "They will provide invaluable input to InnoCentive's governing board and senior management as we continuously refine and expand our business."
"I anticipate great excitement at the appointment of these individuals, said Ali Hussein, chief marketing officer, vice president of global markets. "They enrich our global brain trust and their mentoring is invaluable."
InnoCentive has developed a solid global brand with their unique virtual R&D network of over 100,000 scientists spanning more than 175 countries that has greatly helped companies reduce the escalating costs required to bring products to market. InnoCentive's goal is to further advance scientific research and collaboration in worldwide markets.
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. Companies including Dow AgroSciences, Eli Lilly and Company, Procter & Gamble and others, which collectively spend billions of dollars on R&D, post scientific problems confidentially on the InnoCentive Web site where over 100,000 scientists and scientific organizations in more than 175 countries can solve them. Scientists who deliver solutions that best meet InnoCentive's challenge requirements receive financial awards ranging up to and over $100,000. To learn more and to register as an InnoCentive Solver, visit the InnoCentive Web site at www.innocentive.com.
MULTIMEDIA AVAILABLE:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5218140
CONTACT: InnoCentive Ali Hussein 978-482-3366 (Chief Marketing Officer, VP of Global Markets) Earle Speranza 510-226-6780 x 152 (Media) innocentive-pr@e21corp.com
Source: Business Wire (Business Wire India)