New Chicago biopharma hub gets NIH funding to bring local innovation to market

A new biopharma hub created to help expand Chicago's life-sciences ecosystem received a sizable donation this week from the National Institutes of Health.

Created as a new vehicle for Chicago's academic inventors to transform their research into commercial products, the Chicago Biomedical Consortium Hub for Innovative Technology and Entrepreneurship in the Sciences aims to help get innovative treatments from drug discovery to patients faster.