Dr. Farr received his undergraduate degree in biological engineering from Rose Hulman Institute of Technology in Terre Haute, Indiana in 1975 where he also was awarded an honorary doctorate of Biological Engineering. He earned his medical degree from Indiana University in 1979. He completed his orthopaedic surgery residency at Indiana University Medical Center in 1986.

Over the past 20 years, Dr. Farr has continued to focus his practice in knee and cartilage restoration. His numerous appointments and affiliations include a voluntary clinical full professorship in orthopaedic surgery at Indiana University Medical Center, a board position with the Cartilage Research Foundation, the International Cartilage Repair Society general board (Meetings and Education Committee Chair) and Patellofemoral Foundation Vice President.