Worcester Business Journal

Worcester 300-City of Innovators-May 31, 2022

Issue link: https://nebusinessmedia.uberflip.com/i/1467797

Contents of this Issue

Navigation

Page 45 of 107

W hile there were certainly some latent factors that favored the creation of a large life sciences industry in Worcester in the late 20th century, the outcome was far from foreordained. e creation of the UMass Chan Medical School began with 1962 state legislation aimed at creat- ing an "affordable" medical college. It helped put Worcester 'on the map' in the life sciences. While UMass didn't accept its first students in Worcester until the 1970s, growth came rapidly thereaer with opening of an on-campus hospital a few years later followed by opening of the Grad- uate School of Biomedical Sciences in 1979, and the Graduate School of Nursing in 1986 (a move Major life sciences players made the city their home that led Boston University to close its own nursing school); and finally, a merger with Memorial Health Care in 1998 to form UMass Memorial Health Care. e 1965 launch of Worcester Business Devel- opment Corp., under the auspices of the Greater Worcester Chamber of Commerce, created a unique non-profit that could focus on a fresh ap- proach to economic development. Economic troubles in the state and region in the 1970s helped get everyone focused. Dr. Abra- ham W. Haddad recalls being asked to chair a long-range planning effort in 1981. "We did due diligence on the future of the manufacturing econ- omy and even the computer companies of the time like Prime, and we foresaw that they would likely be gone by the 1990s," he says. But biotech, then a barely-known term, seemed revolutionary and poised for growth. The creation of the UMass Chan Medical School began with 1962 state legislation aimed at developing an affordable medical college. It helped put Worcester on the map in the life sciences. 1922-2021 46 W o r c e s t e r 3 0 0 : C i t y o f I n n o v a t o r s Abbvie headquarters, the birthplace of blockbuster drug Humira PHOTO | GRANT WELKER

Articles in this issue

Archives of this issue

view archives of Worcester Business Journal - Worcester 300-City of Innovators-May 31, 2022