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The New Jersey Life Sciences Vendors Alliance (NJLSVA) is a coalition of businesses, individuals and academia who provide goods and services to New Jersey’s life sciences companies.

The NJLSVA was founded to educate suppliers on trends in industry procurement and public policy that affects the life sciences industry.

Rutgers Office of Research and Economic Development Publishes 2015 Report; Focuses on Year Two at ‘The New Rutgers’

Rutgers Research Report 2015 published 2016 - SMALLNew Brunswick, NJ, July 30, 2016 — Rutgers University’s Office of Research and Economic Development (ORED) has published its 2015 annual report, “Research at the ‘New’ Rutgers,”

The university’s annual research and development (R&D) expenditures last year totaled $677 million, ranking it among the top 20 public universities nationally, according to the new report.

In his introductory letter, Christopher J. Molloy, Ph.D., R.Ph., Senior Vice President for Research and Economic Development, said, “one of the most extensive mergers in higher education history occurred just two years ago, when Rutgers integrated most of the University of Medicine and Dentistry of New Jersey into our almost 250-year-old institution.  Our research and economic development initiatives continue to grow and evolve at a strong pace, due in part to the integration, both in terms of size and breadth.”

Dr. Molloy said, “Rutgers researchers achieved an admirable 18.3 percent increase in overall funding for research and sponsored programs last year over the prior year, from about $518 million in FY2014 up to nearly $613 million in FY2015. Our faculty brought in 11.4 percent more federal research dollars from 2014 ($272 million) to 2015 ($303 million), despite federal budget limitations.”

This growth is a true accomplishment for Rutgers, Molloy said.  “Our faculty’s rigorous and creative efforts — with support from dedicated staff and graduate students — produced these very positive results.”

Molloy pointed out that one of Rutgers’ highest priorities is expanding collaboration and partnerships with industry.

Toward that end, he reported that Rutgers’ corporate research support went up by more than 30 percent last year over the previous year (from $24 million to $31 million).  State funding to Rutgers for research and sponsored programs increased by nearly 37 percent from 2014 ($130 million) to 2015 ($178 million).

Dr. Molloy further noted:

  • Funding from the NIH, the university’s greatest source of grants, rose approximately 3 percent last year, from $134.2 million in 2014 to $138.7 million in 2015.
  • That includes a $1.7 million NIH grant to Dr. Les Michelson in Rutgers Biomedical and Health Sciences for high-performance computing hardware to support research in genomics, molecular dynamics, and other fields.
  • Rutgers’ NSF grants increased by more than 21 percent last year, from $45.8 million two years ago to $55.5 million last year.
  • Among the major NSF grants to Rutgers University–New Brunswick in 2015 were a nearly $2.8 million award to the Department of Marine and Coastal Sciences and a $2.7 million grant to the Engineering Center for Structured Organic Composites, which is working on continuous manufacturing in the pharmaceutical industry.
  • The NSF awarded grants totaling $1.4 million for the Garden State Louis Stokes Alliance for Minority Participation initiative at Rutgers University–Newark.
  • The U.S. Department of Commerce’s Economic Development Administration awarded ORED a $500,000 grant to develop an implementation strategy and business plan for Innovation Park at Rutgers.  To be located just across the Raritan River from New Brunswick, the Park will be a distinctly new approach to an on-campus locus for industry collaboration.

Dr. Molloy reported that Rutgers ORED continues to expand its interactions with business leaders through the creation of a Corporate Engagement Team and a dedicated website, businessportal.rutgers.edu.

“Rutgers is celebrating its 250th anniversary and has launched a website for the occasion: 250.rutgers.edu,” Dr. Molloy concluded.  “I recommend you visit it for a glimpse of the rich history of Rutgers, the nation’s eighth oldest higher education institution.”

To access Rutgers’ eight-page 2015 report, click here.