CLEVELAND -- University Hospitals announced a $250 million initiative that promises to dramatically change how drugs will advance from discovery in the laboratories to commercialization, resulting in greater access to advanced treatments and cures for patients.
The first-of-its-kind initiative, named The Harrington Project for Discovery & Development, is powered by a $50 million gift - the largest donation in the health system's history - from the Harrington family, recognized entrepreneurs and philanthropists in Cleveland.
The Harrington Project includes a new clinical research initiative, University Hospitals Harrington Discovery Institute, and a new mission-aligned development company.
Aligning the entities will, for the first time at an academic medical center, provide a comprehensive model to advance discoveries into development and create novel drugs and therapies for patient care.
The Harrington Project provides a unique structure for entrepreneurial physician-scientists to focus on the discovery process and enable them to advance their promising therapies into the clinical development pipeline for the benefit of individuals and communities worldwide.