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UT Pharmacy College Gets $4.5M Grant from Plough Foundation, (c) Memphis Business Journal, 23 March, 2010

The University of Tennessee Health Science Center’s College of Pharmacy has received a $4.5 million grant from The Plough Foundation to establish the Plough Center for Sterile Drug Delivery Systems.

The 5,800-square-foot facility will be built on the sixth floor of the $65 million UT College of Pharmacy Building under construction at the UT-Baptist Research Park in the medical district. The college is scheduled to open this fall.

The Plough Center will develop and manufacture drug products to treat cancer, cardiovascular disease and other infectious diseases. It will also serve as an educational hub for the pharmaceutical and biotechnology industries in Memphis.

In a statement, Scott McCormick, executive director of the Plough Foundation, said the Plough Center will have a significant impact on education, research and health care in the Memphis community.

“It will also serve as a catalyst for entrepreneurial endeavors in the local pharmaceutical industry,” McCormick said.

The Plough Foundation funds nonprofits throughout Memphis and Shelby County.

When completely built out, UT-Baptist Research Park will have 1.4 million square feet of lab, research, education and business space.


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