CHARLOTTESVILLE, VA (CVILLE RIGHT NOW) UVA Health has received two anonymous $25 million estate gifts to support the University of Virginia’s Paul and Diane Manning Institute of Biotechnology. The $50 million of additional support for the institute enabled UVA Health to top its $1 billion fundraising goal in UVA’s Honor the Future campaign, which concludes this month.
“I’m deeply grateful for the generosity and vision of these donors, whose contributions will help us to realize the full potential of the Manning Institute, and for everyone who has helped UVA Health reach this milestone,” said UVA President Jim Ryan. “These extraordinary gifts will support the Manning Institute’s research and aid in developing new treatments for hard-to-treat or incurable diseases, which will change lives across the Commonwealth and beyond.”
A four-story, 350,000-square-foot facility that will house the Manning Institute is already under construction in Fontaine Research Park. Once complete, this state-of-the-art biomedical research, development and manufacturing facility will support the institute’s mission of generating new treatments and cures for the most challenging medical conditions, to the benefit of patients everywhere. The institute is expected to cultivate an ecosystem of biotechnology innovation in Central Virginia and drive economic growth across the Commonwealth. These efforts will be complemented by a statewide clinical trials network that will expand access to potential new treatments as they are developed and tested…