2nd Largest Pledge In UConn History

STORRS, Conn. (AP) – The UConn Foundation says the CEO and founder of generic drug developer Chemwerth Inc. has committed $22.5 million to the university, the second-largest pledge in its history.
The nonprofit said Monday $2.5 million will be paid over the next five years to establish the Peter J. Werth Institute for Entrepreneurship and Innovation.
The institute will seek to bring together student and faculty programs, fostering entrepreneurship and innovation that potentially has commer