Blavatnik Fund grows to $25m

May 10, 2018 •

Blavatnik Family Foundation has made a $15m grant to Yale University to boost its life sciences-focused fund to $25m two years after it was first established.

Yale University received a $15m grant from philanthropic organisation Blavatnik Family Foundation yesterday to expand the Blavatnik Fund for Innovation to $25m.

Established in 2016, the Blavatnik Fund accelerates the development, application and commercialisation of early-stage life sciences research. It is administered by Yale’s tech transfer arm, Office of Cooperative Research (OCR).

The vehicle offers strategic resources to departments across the university through research grants allocated to faculty and through a fellowship program. It provides pilot grants aimed at exploratory…

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