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BRIDGE Innovation and Business Development, the commercialization hub at UMass Chan Medical School in Worcester, has selected 13 faculty-led research projects to fund with $2 million in capital.
Selected research projects are those that show promise for clinical applications and commercialization, according to a Thursday announcement from UMass Chan. The funding is used to assist researchers in producing essential data sets that can be provided to investors. The BRIDGE funding totaled $1 million in 2019, and is expected to reach $3 million in 2025.
Funding ranges from from $31,000 to $302,400 per research project, according to the announcement.
“We’re proud to invest $2 million in pioneering projects that showcase potential for clinical application and commercialization. Over the past three years, we have invested more than $6 million to build a strong pipeline of cutting-edge inventions across new therapeutics and medical devices,” Parth Chakrabarti, executive vice chancellor for innovation and business development at UMass Chan, said in the announcement.
Faculty at UMass Chan submitted 29 projects for funding. Selected faculty projects include melanoma treatment, genome editing, atrial fibrillation treatment, and lung cancer treatment.
The full list of awardees and projects is below.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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