Penn State College of Medicine Dean, Jay Moskowitz, Named to Hershey Center for Applied Research Board

HERSHEY, Pa. (September 14, 2006) – Jay Moskowitz, Vice Dean for Research and Graduate

Studies at Penn State College of Medicine, has been named as the newest member of the Board of the Hershey Center for Applied Research (HCAR). Moskowitz also serves as the Chief Scientific Officer for Penn State Milton S. Hershey Medical Center and the Associate Vice President for Health Sciences Research at the Pennsylvania State University.

Moskowitz is the fifth of what is expected to be a nine-member board assembled to oversee and promote the success of HCAR through the construction phase and beyond. Though he is the first member outside of the core group of developers, investors and land owners, the College of Medicine is a stakeholder in the project for several reasons. Not only is the College the first major tenant of HCAR, but HCAR might someday be home to emerging companies that are spawned by Penn State Milton S. Hershey Medical Center technology.

Even before construction started in April, the College of Medicine agreed to lease over 30,000 of the building’s 80,400 square feet for the expansion of its pharmacology and technology transfer departments.

Preceding Moskowitz on the board are Ken Gall and Vince Rudisill, both from Hershey Trust Company as Trustee for the Milton Hershey School, which owns the land on which HCAR is being built. Other members include Daniel Cramer from real estate investment company, Townsend Capital, and Jim Berens, president of Wexford Science & Technology, LLC, the land development company overseeing the project.

When completed in the spring of 2007, the first building in the Hershey Center for Applied Research will be a three-story, multi-tenant facility that will provide state-of-the-art resources to both emerging and established science and biotechnology businesses. It is located on Bullfrog Valley Road in Hershey, adjacent to the Medical Center.

 
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