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Pennington names business development executive

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BATON ROUGE, La. (AP) — David Winwood has been named chief business development officer for LSU's Pennington Biomedical Research Center.

The Advocate reported (http://bit.ly/1AtIIgO) his job will be to commercialize research and technology developed at Pennington.

Pennington has a 234-acre LSU campus and a staff of more than 500, focused clinical and population research on causes of obesity, diabetes, cardiovascular disease, cancer and dementia. It has 50 laboratories.

Winwood will be charged with identifying research institutions and private companies that would turn Pennington research into commercial ventures.

"With this investment in Dr. Winwood and the team and resources he will assemble, we are growing our business model to meet today's research challenges," said Pennington executive director William Cefalu.

Grant support for creation of Pennington's business development effort was provided by the Baton Rouge Area Foundation and the Irene W. and C.B. Pennington Foundation, center officials said.

The practice of partnering research institutions with outside entities to help turn revolutionary discoveries into commercial ventures is not new.

The Johnson Space Center near Houston, for example, has a technology transfer and commercialization office. Commercial products such miniature antennas and new treatments for atherosclerosis have emerged through the effort.

Winwood has more than 20 years of experience in this field.

He comes to Pennington from the University of Alabama at Birmingham, where he was senior associate vice president for economic development and innovation alliances, as well as chief executive officer of that school's research foundation. Winwood also worked on commercialization ventures at North Carolina State University and Ohio State University.

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Information from: The Advocate, http://theadvocate.com

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