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January 27, 2020 | Tom Ballard

University of Pittsburgh Medical Center commits $1 billion over four years to advancing life science sector

With a study about how to advance the life science sector in Tennessee nearing release, we could not help but take note of a recent announcement in Pennsylvania. UPMC, officially known as the University of Pittsburgh Medical Center, announced a major commitment to advancing life sciences in the region. A corporate arm of the multi-faceted enterprise will invest $1 billion over the next four years to develop new drugs, medical diagnostic and other devices, cranking a nascent economic engine in the Pittsburgh region while becoming a giant in venture funding for life sciences in Pennsylvania. Learn more about the commitment here.

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