Jessica Sabbath// July 11, 2017//
Seven academic research institutions in Virginia have signed a memorandum of understanding (MOU) to share core facilities and resources to advance life sciences and other research.
Under the agreement, universities want to share specialized equipment and unique research laboratories for research.
The agreement is designed to accelerate commercialization of Virginia’s innovations and grow Virginia’s bioscience community.
The vice presidents for research from the University of Virginia, Virginia Commonwealth University, Eastern Virginia Medical School, George Mason University, Old Dominion University, Virginia Tech and the College of William & Mary, worked with Virginia Catalyst to create the agreement.
Virginia Catalyst, also known as the Virginia Biosciences Health Research Corp., is a nonprofit corporation funded by the General Assembly and Virginia’s seven research universities.
The new agreement will be reviewed biannually. Other state institutions are encouraged to join the agreement.