Then in the fall of 2016 they drove down some stakes on a second priority: basic science research. They announced they would invest $3 billion over the next 10 years, with a particular emphasis on preventing, curing, or managing diseases. An early $600 million was allocated to creating a “biohub” that will induce scientists from three local universities—Stanford, U. Cal Berkeley, and UCSF—to collaborate more in their separate, comparatively massive, biomedical research. Almost immediately, grants were made available to science faculty from the three universities for investigations likely to be considered too risky for government funding. It will be managed as a third entity under the Allen Institute umbrella that earlier launched powerful research efforts in cell science (see nearby 2014 entry) and brain science (see 2003 entry on list of achievements in Medicine).

Source: Forbes January 12, 2023 22:30 UTC