Central Va. pharma hub strategic plan released
On Tuesday, the Virginia Commonwealth University College of Engineering announced its strategy to turn Central Virginia into an advanced pharmaceutical manufacturing, research and development hub. The strategic plan aims to foster business and job growth in the Richmond-Petersburg area while also expanding access to medicines. The creation of the plan was funded by a $100,000 […]
VCU Health distribution facility sells for $8M
A Henrico County property fully leased by VCU Health was purchased by an undisclosed investment group for $8.075 million on April 7. Located at 3008 Mechanicsville Turnpike, the 89,931-square-foot property houses nonpharmaceutical medical supplies and equipment for VCU Health. Since mid-February, the property, a former Pepsi distribution facility, has served as Virginia Commonwealth University Hea[...]
MCV Foundation names director of marketing and communications
Medical College of Virginia Foundation has tapped Eric Peters as director of marketing and communications, promoting him from other marketing communications roles he’s held there since 2017. Peters is responsible for the marketing and communications strategies for MCV Foundation, which manages $800 million in assets. The foundation works to raise awareness and inspire philanthropic support [&hel[...]
Phlow announces national coalition with children’s hospitals
Richmond-based Phlow Corp. announced Thursday the launch of a coalition that will help ensure that children’s hospitals across the country receive key medications. The Virginia Commonwealth University-affiliated Children’s Hospital of Richmond is one of 11 founding hospital members. Children’s Hospital Coalition (CHC) aims to provide certainty in availability and access to medicine a[...]
Labor market recovery slowed during early February
Labor market recovery slowed during the week of Feb. 7 through Feb. 13, according to Virginia Commonwealth University and Arizona State University economists. Between early January and early February, employment held constant at 68.6%, which is 5.2% lower than it was in February 2020, according to the Real-Time Population Survey conducted by Virginia Commonwealth University […]
Estes Express Lines, family commit $2M to Children’s Hospital of Richmond at VCU
The Children’s Hospital Foundation announced Wednesday that Richmond-based Estes Express Lines donated $150,000 — with another $1.85 million committed from the Estes family — to support the construction of the Wonder Tower at the Children’s Hospital of Richmond at VCU. The 16-story Wonder Tower will be home to the Children’s Hospital of Richmond at VCU’s […]
500K Virginians enrolled in Medicaid since 2019 expansion
The Virginia Department of Medical Assistance Services (DMAS) has announced that more than 500,000 Virginians have enrolled in health coverage since expanded Medicaid eligibility rules took effect in January 2019. Virginia was the only state in nation to experience a reduction in its uninsured rate between 2018 and 2019, the first year of the expanded […]
VCU and VCU Health receive $24M gift
The C. Kenneth and Dianne Wright Foundation has donated $24 million to Virginia Commonwealth University and VCU Health, the university announced Friday. The gift was made in honor of the late C. Kenneth “Ken” and Dianne Wright, who died in 2019 and 2013, respectively. They were longtime supporters of VCU and VCU Health, with philanthropic […]
‘From K to grey’ – Bank of America donates $100K to VCU for tech talent pipeline
Continuing a yearslong partnership with Virginia Commonwealth University, Bank of America has awarded a $100,000 grant to the school’s College of Engineering Foundation to focus on establishing data science talent pipelines. The idea behind the grant is to develop interest in computer science and other STEM programs for “K to grey,” says VCU College of […]
VCU raises $841.6M in record fundraising campaign
Virginia Commonwealth University announced Thursday it raised more than $841.6 million through its Make It Real Campaign — exceeding its goal of $750 million and marking the university’s largest campaign to date. The campaign launched publicly in September 2016 after a silent period that began in 2012. It closed this June, a year after it […]
Richmond braces for election impact
RICHMOND, Va. — Organizations and residents in Richmond are bracing for potential activity related to the U.S. presidential election results. Richmond city officials said they will work with local and state partners to ensure public safety during and after the election. “We encourage all residents to peacefully participate in our democracy and observe public health […]
Va. allocates $116M CARES funding for higher ed
As public universities and medical centers have depleted previously allocated federal dollars, Gov. Ralph Northam is directing more than $116 million in federal CARES Act funding to higher education institutions in Virginia, the governor announced Tuesday. Funding will go to public universities and medical centers in support of telework, distance learning, personal protective equipment, sanitizati[...]