By GRACE SHOEMAKER – FRANCISCAN UNIVERSITY OF STEUBENVILLE
Goal is to revitalize American pharmaceutical production
Purdue University plans to start studying how to return pharmaceutical manufacturing to the Midwest with the assistance of a multi-million dollar gift.
The Indiana public university will create the William D. Young Institute for Advanced Manufacturing of Pharmaceuticals after receiving an undisclosed amount from the Purdue grad.
The new institute âwill unite faculty in overhauling pharmaceutical manufacturing with a goal of reducing costs and expanding access to innovative drugs emerging from biotechnology research,â the university stated in its news release.
Purdue stated the initiative âgrows from a recognition that pharmaceutical companies have not invested as heavily in economical methods of manufacturing drugs as they have in drug discovery.â…