WEDC awards $750,000 grant for new biomanufacturing center of excellence

Forward BIO Initiative will provide biohealth entrepreneurs with the necessary resources to transition research into commercialization

MADISON, WI. – The Wisconsin Economic Development Corporation (WEDC) has awarded a $750,000 grant to establish the Forward BIO Initiative – a new biomanufacturing center of excellence that will help to bring groundbreaking research happening in Wisconsin out of the labs and into the marketplace. The grant will be administered by BioForward Wisconsin.

The Forward BIO Initiative is a collaborative effort that will offer entrepreneurs and researchers the resources necessary to effectively translate discoveries into commercial products in the emerging area of biomanufacturing—the advanced manufacturing of therapeutic medical devices, cells, tissues or pharmaceuticals. This initiative is committed to advancing Wisconsin’s position as a national leader in the biomanufacturing industry and features three components developed to reduce commercialization risk: the Forward BIO Institute, Forward BIOLABS, and BioForward Wisconsin.

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