McMaster to receive over $32M to create school of biomedical innovation, entrepreneurship

McMaster University is celebrating an over-$32M donation from Alabama physician and entrepreneur Marnix Heersink. The funds will be used to create the Marnix E Heersink School of Biomedical Innovation and Entrepreneurship, which will make McMaster a biomedical innovation, entrepreneurship, and global health hub. The University of Alabama will be creating a parallel program, and McMaster and UAlabama are planning to share program content. “This donation can be considered an investment that will spawn a hub of biomedical innovation in both Hamilton and Birmingham, with hives of start-up companies manufacturing life-saving medical products,” said McMaster Professor John Kelton. “This will completely reimagine both cities’ post-industrial economies.”