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Arena Bioworks

All articles tagged with #arena bioworks

biotechnology2 years ago•0 min saved

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

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.

via Endpoints News|

#arena-bioworks #bell-labs #biomedical-research

business2 years ago•2 min saved

"Privately Funded Biomedical Institute Lures Scientists from Universities to Accelerate Therapeutics"

Arena BioWorks, funded by wealthy backers including Boston Celtics owner Stephen Pagliuca and technology magnate Michael Dell, is luring nearly 100 researchers from prestigious institutions with seven-figure paydays to pursue pharmaceutical research outside of traditional university settings, aiming to expedite drug discovery and production. This move has sparked controversy as it disrupts the traditional model where universities benefit from drug discoveries, potentially impacting their endowment coffers.

via The New York Times|

#arena-bioworks #business #pharmaceutical-research