To illustrate how Brown's research infrastructure makes a positive impact on the city and state economy, Paxson shared a scenario: A faculty member, drawn to work for Brown University Health (formerly named Lifespan) by its strong ties to Brown's Warren Alpert Medical School, launches a groundbreaking cancer research program. The work results in the development of a new therapeutic drug, leading to the creation of a start-up incubated with support from the Rhode Island Life Sciences Hub. That company's growth culminates in the establishment of a permanent headquarters in Rhode Island, creating high-skill jobs, attracting investors and further strengthening the region's position as a hub for research and innovation.

"What we hope to achieve are two very important outcomes," Paxson said. "First, a benefit to the local community through expanded access to high-quality, appropriate health care right here in Rhode Island. Second, driving economic development by growing the biotech sector."

At the close of her presentation, Paxson said Brown will continue to prioritize investments related to life sciences research, commercial development and economic growth in the Jewelry District.

"The vision is taking shape in an incredible way, but it's a shared vision," she said. "I've had the privilege of working with so many people in this room who have been fantastic collaborators - people who have supported us as we've supported them in advancing this vision."

Laurie White, president of the Greater Providence Chamber of Commerce, moderated a Q&A session after Paxson's remarks, asking questions about Brown's expanding affiliations with Rhode Island's health care systems, the potential of mRNA research, and how Brown researchers are beginning to leverage artificial intelligence tools to advance understanding and innovation.

Asked how the Rhode Island business community could collaborate with Brown and universities in the state to address workforce needs and stimulate economic growth, Paxson said partnership and collaboration is key.

"One thing I love about Rhode Island is the close-knit group of higher education leaders here," she said. "Part of what makes us so collaborative is that we're not really in competition with one another - we're complementary. Each institution focuses on slightly different strengths, and together, we can achieve a lot. Aligning what higher education can offer with the needs of the business community would be incredibly powerful."