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Features: Dec. 11, 2001

Rensselaer Receives $7 Million Gift for Biotechnology Research

 
 

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Rensselaer has received a gift of $7 million from Morris "Marty" Silverman that will accelerate biotechnology research in the Capital Region and advance the work of regenerative medicine and tissue engineering, President Shirley Ann Jackson announced at a press conference today (Dec. 11).

Silverman's gift will be matched by an additional $7 million from Rensselaer.

The $14 million will create the Noble Enterprise Constellation, a group of distinguished senior and junior faculty in biotechnology research. It is intended that these faculty will have academic faculty appointments at Rensselaer and joint positions at the Wadsworth Center of the New York State Department of Health.


The $14 million will create the Noble Enterprise Constellation, a group of distinguished senior and junior faculty in biotechnology research. It is intended that these faculty will have academic faculty appointments at Rensselaer and joint positions at the Wadsworth Center of the New York State Department of Health.
 

The Noble Enterprise Constellation will conduct research in regenerative medicine and tissue engineering, which is the replacement or rebuilding of damaged tissues and organs for therapeutic purposes. Scientific research in these fields now focuses on the understanding of basic molecular and cellular processes leading to the replacement of full functionality of tissues, even for complex organs such as the liver, pancreas, and cardiovascular systems.

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"Biotechnology research—especially research in the areas of regenerative medicine and tissue engineering—holds great promise for our ability to bring healing and hope to many millions who suffer. This gift today is of global importance in our effort to alleviate pain and despair throughout the world," President Jackson said.

Silverman, a Troy native, is well known in the region for his philanthropy. Notable among his efforts are the University Heights project, a collaborative effort among Albany Law School, Albany Medical College, The Sage Colleges, and Albany College of Pharmacy to create a shared 21-acre campus along New Scotland Avenue in Albany, and the Albany Medical Center Prize in Medicine and Biomedical Research.

 
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