It was announced on June 26, 2009, that Rowan would be partnering with Cooper University Hospital to create a new four-year medical school to reside on Broadway in Camden. Rowan was chosen by governor Jon Corzine to house the new medical school primarily because the University of Medicine and Dentistry of New Jersey (UMDNJ) was not in a financial position to fund the creation of the school, for which Rowan issued $100 million in bonds.
