US fund pours $100 million into Harvard R&D collaboration

14 March 2019

Healthcare investor Deerfield Management has committed $100 million to a new collaboration with Harvard University, USA, to speed the development and translation of biomedical innovations into therapies.

The money will support strategic R&D in this area, via a new company called Lab1636, and spearheaded by the Harvard Office of Technology Development (OTD).

Lab1636 projects, which will be initiated by principal investigators in the university’s labs, will be selected for inclusion through a joint advisory committee.

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