"Billionaire-Backed Biomedical Institute in Cambridge Accelerates Drug Discovery"

TL;DR
A group of billionaires has unveiled their support for a new biomedical research institute, Arena BioWorks, which aims to emulate the success of Bell Labs and lead new research initiatives and create for-profit biotech companies seamlessly under one roof. The institute promises a quicker translational research model, has the backing of big names, and plans to put scientists in the driver’s seat with a footprint in Kendall Square in Cambridge, MA.
Topics:businessbiotechnology#arena-bioworks#bell-labs#biomedical-research#biotech#biotechnology#funding
- The Bell Labs of biotech: Stuart Schreiber has billionaire support for new biomedical institute Endpoints News
- The Billionaires Spending a Fortune to Lure Scientists Away From Universities The New York Times
- More bad news for Harvard! $500M start-up backed by Subway heiress and Boston Celtics owner is luring top scie Daily Mail
- New biomedical institute launching in Cambridge to speed drug discovery The Boston Globe
- Arena BioWorks Launches as a Privately Funded, Fully Independent Biomedical Institute to Shorten the Path from Insight to Therapeutics PR Newswire
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