Posted Mar 2, 2023, 4:46 PM
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Registered User
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Join Date: Apr 2013
Location: Chicago & Philly
Posts: 2,696
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This seems pretty significant
Chicago lands $250 million from Zuckerberg and Chan for biotech research hub
Quote:
Facebook founder Mark Zuckerberg and his wife, Dr. Priscilla Chan, are betting $250 million that the next big breakthroughs in biotech will come from Chicago.
Their foundation, known as the Chan Zuckerberg Initiative, has chosen a joint research effort between the University of Chicago, Northwestern University and the University of Illinois Urbana-Champaign as its second biohub.
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The Chan Zuckerberg Initiative will fund a lab in Chicago that will employ 30 to 50 researchers and other staff. It will be run by Shana Kelley, a biotech researcher who recently joined Northwestern from the University of Toronto. The foundation also will provide money to researchers at the three universities, $1 million at a time, underwriting "high-risk research programs that might otherwise not be funded by conventional sources."
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Chicago was chosen from 58 applicants, said Steve Quake, head of science for the Chan Zuckerberg Initiative. It plans to launch the lab next month but hasn't yet decided on a location.
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https://www.chicagobusiness.com/tech...h-research-hub
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