AMDeC said late on Friday that it is shutting down.
The board has decided to close the doors on the Academy for Medical Development and Collaboration, or AMDeC, after 15 years, it said, though it did not say why. The organization was in created in 1997 to "facilitate and encourage collaboration among the major research institutions in the [New York] region.
"We are proud to say that we have achieved this — and much more," it said in a statement.
AMDeC President and CEO Maria Mitchell told Daily Scan sister publication GenomeWeb Daily News less than seven months ago that it was expanding its mission and developing new initiatives to help its members save on costs to better ride through the economic downturn.