Govt pledges $62.4M to DSM's BMM

The Dutch government has pledged to provide 45.0 million euros ($62.4 million) to the BioMedical Materials program which has been initiated by DSM and the University of Maastricht. BMM is a five-year public-private partnership in the Netherlands that focuses on R&D in the field of biomedical materials and has a provisional budget of 90.0 million euros.

BMM's mission is to further strengthen the Netherlands' position in the field of biomedical materials by developing successful medical applications, obtaining intellectual property rights and publishing scientific papers. Besides DSM and the University of Maastricht, leading players in the consortium include Philips Research, Organon, Medtronic, FUJIFILM Life Science, Pharming, TNO (the Dutch Organization for Applied Scientific Research) and most of the leading universities and university medical centers in the Netherlands.