$25 Million for Vascular Medicine Institute

The University of Pittsburgh’s Vascular Medicine Institute has received funding commitments totaling $25 million from two organizations.

The Institute for Transfusion Medicine’s (ITxM) Blood Science Foundation will give $15 million to the institute over the next 10 years. It will also give $5 million to establish the Institute for Transfusion Medicine Research Endowment. 

In addition, the University of Pittsburgh Physicians will give $5 million to the institute.

The commitment brings the Vascular Medicine Institute’s funding from ITxM’s Blood Science Foundation and the Hemophilia Center of Western Pennsylvania to $50 million since 2008.

“This is an extraordinary gift that will be a springboard to draw in other funding from the National Institutes of Health and other national organizations,” said Pitt Chancellor Patrick Gallagher. 

Mark Gladwin, institute director, said such funding “has allowed the recruitment and support of outstanding investigators who are experts in vascular biology, red cell and platelet biology, and hemostasis and thrombosis research—all focused on understanding human vascular and blood diseases and developing new targeted therapies.”

Gladwin is also the Dr. Jack D. Myers Professor of Internal Medicine and chair of the Department of Medicine, Pitt School of Medicine.