Boston University (BU) provides about $4 billion in economic impact to Massachusetts annually, including supporting the payroll of about 44,000 jobs. A large portion of this is related to life sciences activities. BU has a medical school and jointly operates Boston Medical Center, which serves Boston’s low-income and minority population.
BU is a major contributor to Massachusetts’ leading global position in life sciences basic and applied research. In fiscal year 2009 (ending 6/30/2009) BU received $357 million in research funding of which approximately two thirds was life science related. Some of BU’s life sciences research and commercialization facts:
- 2010 by US World News Report Rankings for BU programs:
- Biomedical Engineering (BME) program is ranked #8 in
- School of Law Healthcare Law program is ranked #2
- Healthcare Management program is ranked #11
- Best Medical Schools: Research ranked #34
- Life sciences related patents filed in 2010: 30
- Leading life sciences products in commercial use:
- Ontak cancer drug licensed by Eisai
- STEMCCA vector for induced pluripotent stem cells by Millipore
- Computerized Drug Development tool by Forma Therapeutics
This issue of Terrier Tech is devoted to life sciences activities at BU, enjoy!
Vinit Nijhawan, OTD Managing Director