$100 Million Gift Provides a Springboard for New University of Virginia Biotechnology Institute

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Late last week, UVA announced it will launch a biotechnology institute, the Paul and Diane Manning Institute of Biotechnology, with a $100 million donation from Charlottesville investor Paul Manning and his wife, Diane. UVA will also contribute $150 million, and the state of Virginia has allocated $50 million in initial investments for the institute in its 2022-24 budget.