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2001 |
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BioVenture/Life Sciences Greenhouse
Pitt, in conjunction with Carnegie Mellon University, unveiled a $600 million plan to boost Pittsburgh’s biotechnology industry, an effort that could create 5,000 new jobs over the next 10 years. |
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Pitt and CMU plan to use their excellence in life and computer sciences to focus on drug discovery, therapeutic strategies for neurological disorders, tissue engineering, and medical devices. Of the millions they plan to raise, $270 million will go to new university buildings on both campuses, and additional money will be allocated for the hiring of up to 55 new bioscience faculty. The remaining money would be used to fund new companies, partnerships, entrepreneurs, and research. |
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