Penn gets $50 million gift for research

0 Comments | Philadelphia Inquirer, The, June, 2008 | by Susan Snyder Inquirer Staff Writer

The founder of Nine West Group Inc. and his wife yesterday gave the University of Pennsylvania a $50 million gift to support a new eight-story biomedical-research center. The gift from Jerome and Anne Fisher is the second largest ever to Penn's health system and will help in the growing field of translational medicine, which accelerates the conversion of laboratory discoveries into medical therapies for patients.

The Anne and Jerome Fisher Translational Research Center is scheduled to open in 2010 at 3400 Civic Center Blvd. on the university's West Philadelphia campus. The 400,000-square-foot building will be next to Penn's two new outpatient-care facilities that are to open this year and in 2009. The capital gift is the largest yet in the university's $3.5 billion...