The university has invested heavily in the initiative in recent years. Well over $100 million has been spent so far on new faculty positions, buildings, equipment, and other resources to usher promising new ideas from lab bench to marketplace.
Last fall, a $95 million Massachusetts Life Sciences grant (the largest ever to a state university) and $55 million of university funding backed the opening of the Institute for Applied Life Sciences, with 30 core facilities dedicated to develop new drug, drug delivery, and health-monitoring products.