By Roland Murphy for Arizona Builder’s Exchange
Even though it does not feature a medical school, Arizona State University is making progress toward becoming one of the leading bioscience research institutions in the United States, following nearly two decades of aggressive investment and program development.
Since 2011, the first year the university began publishing research expenditure goals, its actual outlays have exceeded the stated target. The 2016 goal was just less than $500M. The actual expenditure was $518.2M. Since 1998, ASU has spent more than $4B in bioscience.
By 2025, the university has targeted $815M, an expenditure comparable to MIT, ranked as one of the world’s most prestigious research universities.