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Non-Profit Foundation
mriglobal.org

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Investments

3

Portfolio Exits

2

Partners & Customers

6

About MRIGlobal

MRIGlobal, formerly Midwest Research Institute, is an independent, not-for-profit, contract research organization.

MRIGlobal Headquarter Location

425 Volker Boulevard

Kansas City, Missouri, 64110,

United States

816-753-7600

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Expert Collections containing MRIGlobal

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find MRIGlobal in 1 Expert Collection, including Medical Devices.

M

Medical Devices

3,088 items

Companies that have been granted at least 1 510(k) by the FDA since 2014. Companies tagged as #FDA510(K)

Latest MRIGlobal News

MRIGlobal Names Ian Colrain as President and CEO

Jun 10, 2022

Colrain was previously president of SRI Biosciences, where he led strategic planning, business development and research operations. 06.10.22 Ian M. Colrain, Ph.D. has been named president and chief executive officer of MRIGlobal , effective July 1. With the appointment, Colrain assumes responsibility of all operations for MRIGlobal, a $110 million non-profit applied scientific research organization working in global health, national security, defense, and energy. MRIGlobal employs about 480 people, including chemists, biologists, engineers, and staff professionals working in multiple US locations and overseas. Colrain succeeds Thomas M. Sack, who was named president and CEO in 2013, and will be retiring from MRIGlobal at the end of June after more than 40 years with the institute. Colrain was previously with SRI International (formerly Stanford Research Institute) as president of SRI Biosciences, where he led the strategic planning, business development and research operations for a multidisciplinary team of more than 250 employees with top- and bottom-line responsibility for its $75 million annual operating budget. “We’re excited to welcome Ian to MRIGlobal. He brings incredible passion, strong business acumen, and a depth of experience to this position,” said David Oliver, chairman of the MRIGlobal Board of Directors. “The past five years have been the most successful in MRIGlobal’s 78-year history. We believe Ian’s leadership will strengthen our ability to continue solving the difficult challenges of our customers and propel the institute to realize even greater success.”   “MRIGlobal is well-positioned financially, technically, and contractually, with the right customers and a tremendous reputation, to expand its market share,” Colrain said. “Coupled with an outstanding team of researchers and support staff, we have an incredible opportunity to build upon recent success and further expand our positive impact globally. I look forward to leading MRIGlobal as we solve the world’s most challenging problems in defense and health.”   In this role, Colrain will also be involved with the Alliance for Sustainable Energy, LLC, which manages more than $550 million in research at the National Renewable Energy Laboratory (NREL) in Golden, Colo., for the U.S. Department of Energy. NREL is co-managed by MRIGlobal. In his most recent capacity at SRI International, Colrain’s team engaged in use-inspired basic research, applied translational research, and development and provision of contract research services. Colrain was also responsible for the direction and growth of significant contracts with private pharmaceutical companies and the evaluation of venture and licensing opportunities. He was also vitally involved in the identification and support of new initiatives coming from early career scientists, focusing internal investments and scientific resources on areas aligned to core competencies. His own research career has been in human sleep physiology. Colrain earned a Bachelor of Science degree in psychology and computer science, and a first class honors and doctoral degree in psychology from the University of Tasmania. Colrain also serves as Life Sciences Advisor to Airstream Ventures; an external advisory board member to the University of Pittsburgh NIDA Center of Excellence; and in varying capacities on the boards of the Keystone Symposia and Forest Devices Inc. Related Content

MRIGlobal Investments

3 Investments

MRIGlobal has made 3 investments. Their latest investment was in IDbyDNA as part of their Grant on April 4, 2022.

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MRIGlobal Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/7/2022

Grant

IDbyDNA

Yes

1

11/12/2008

Series B

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$99M

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0

12/11/2007

Series A

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$99M

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0

Date

4/7/2022

11/12/2008

12/11/2007

Round

Grant

Series B

Series A

Company

IDbyDNA

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Amount

$99M

$99M

New?

Yes

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Co-Investors

Sources

1

0

0

MRIGlobal Portfolio Exits

2 Portfolio Exits

MRIGlobal has 2 portfolio exits. Their latest portfolio exit was IDbyDNA on June 24, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/24/2022

Acquired

$99M

2

6/29/2017

Corporate Majority

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$99M

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10

Date

6/24/2022

6/29/2017

Exit

Acquired

Corporate Majority

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

2

10

MRIGlobal Partners & Customers

6 Partners and customers

MRIGlobal has 6 strategic partners and customers. MRIGlobal recently partnered with Mammoth Biosciences on January 1, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

1/14/2021

Vendor

United States

Mammoth Biosciences Secures Award to Develop CRISPR-based Diagnostics and Biosurveillance Platforms

`` This partnership builds on the exciting work Mammoth Biosciences , Inc. has done to pioneer the field of CRISPR based diagnostics , '' said Mammoth Biosciences , Inc. 's CEO and co-founder Trevor Martin , Ph.D. `` Working with these expert partners will further accelerate this important and transformative effort . ''

2

5/4/2020

Partner

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10

3/6/2017

Partner

United States

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10

3/27/2015

Partner

India

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10

7/30/2013

Partner

United States

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10

Date

1/14/2021

5/4/2020

3/6/2017

3/27/2015

7/30/2013

Type

Vendor

Partner

Partner

Partner

Partner

Business Partner

Country

United States

United States

India

United States

News Snippet

Mammoth Biosciences Secures Award to Develop CRISPR-based Diagnostics and Biosurveillance Platforms

`` This partnership builds on the exciting work Mammoth Biosciences , Inc. has done to pioneer the field of CRISPR based diagnostics , '' said Mammoth Biosciences , Inc. 's CEO and co-founder Trevor Martin , Ph.D. `` Working with these expert partners will further accelerate this important and transformative effort . ''

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Sources

2

10

10

10

10

MRIGlobal Team

1 Team Member

MRIGlobal has 1 team member, including former Chief Executive Officer, Senior Vice President, Michael Helmstetter.

Name

Work History

Title

Status

Michael Helmstetter

Chief Executive Officer, Senior Vice President

Former

Name

Michael Helmstetter

Work History

Title

Chief Executive Officer, Senior Vice President

Status

Former

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