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The state will spend $4 million to help the University of Massachusetts at Lowell build an "innovation center" to assist entrepreneurs in developing, testing, and commercializing medical devices, a key segment of the state's burgeoning life-sciences sector.
Governor Deval Patrick today will announce the state's contribution to the center, which will bring together the engineering expertise of UMass-Lowell and the medical know-how of the UMass Medical School in Worcester to help start-ups turn promising technologies into products. The center and its collaboration between academic researchers and entrepreneurs represent the type of economic development project the Patrick administration wants to finance as part of its proposed $1 billion life-sciences initiative, administration officials said.


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