Mass. to commit $4M for life-sciences growth

BOSTON – Gov. Deval Patrick last week announced that the University of Massachusetts-Lowell will receive $4 million to aid in the growth of the life sciences industry in the Greater Lowell region and throughout the state.
According to a news release from Patrick’s office, the funding will help the Massachusetts Medical Device Development Center to establish a new facility in Lowell. The center is a partnership of UMass Lowell and UMass Worcester that works with companies throughout Massachusetts to move new medical devices from concept to market.
The funding will come from a bond authorization that has already been approved by the state legislature. The state commitment of $4 million will combine with private, federal and local funds for this project. &#8226