This will bolster the existing Chhotubhai & Savitaben Patel Fellowships, which were established by Patel and his brothers in 2005 in honor of their parents, it said.
“We’re very pleased that Dinesh will be chairing our efforts and his commitment to the College is clear by evidence of his generous gift,” Dean Frank Ascione said.
Patel founded or co-founded multiple Utah life science companies. He was the founder and CEO of TheraTech, now a major Utah division of Actavis. As a co-founding managing director of vSpring Capital, he invested in many Utah-based life science companies and supported over 20 other companies as an angel investor. (PTI)