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Article: Spectrum Health and MSU Reach Agreement on Medical School; Spectrum Health to Make Long-Term Investment of $85 Million.
- Article from:
- Business Wire
- Article date:
- April 18, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GRAND RAPIDS, Mich. -- Spectrum Health and Michigan State University today announced they have reached an agreement that will launch a four-year medical school in West Michigan.
The Spectrum Health agreement represents an estimated $55 million investment in building support for a medical school facility plus an additional estimated $30 million over the next decade to enhance research activities.
"We are pleased that many months of discussion have resulted in a solid agreement," said Richard C. Breon, President and CEO of Spectrum Health. "We are committed to making this endeavor a success for both the university and Grand Rapids. We believe our plan ...