Hackensack University Health Network and Seton Hall University will announce Thursday that they have signed a memorandum of understanding to start a private four-year school of medicine to be located on the campus of the former Roche headquarters in North Jersey.

The medical school will be the anchor tenant of the 119-acre property that resides on Route 3 and straddles Nutley and Clifton with a view of New York City. It is approximately five miles from both Hackensack and Seton Hall.

The organizers of the project aim to make the school a conduit for a world-class research facility that will attract researchers and pharmaceutical companies of all sizes to the campus.

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