Message from the Director: Life Sciences Research at BU

Vinit picture for newsletter 1Dear Reader,

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!

Sincerely,

Vinit Nijhawan, OTD Managing Director

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