Venture Funding for Frontier Science

Return to main article:

The National Institutes of Health's "roadmap for medical research," created in 2004, aims to remove roadblocks to discovery and to "transform the way biomedical research is conducted." One way to do that is to support "high-risk research" through a sort of venture financing, both for "pioneers" (scientists of "exceptional creativity who propose pioneering--and possibly transforming--approaches to major challenges in biomedical and behavioral research") and for "new innovators" (promising younger investigators whose "exceptionally innovative" ideas many not yet meet the hurdle for traditional, peer-reviewed grants).

The 2008 awards, announced last fall, included pioneer funding (up to $500,000 annually for five years) for 16 scientists and new-innovator support (up to $300,000 annually for five years) for 31 more. Nine of the 47 scientists are currently affiliated with Harvard. The neuroscience queries being pursued by Charles Lieber, Hongkun Park, and Aravinthan Samuel are described in depth in the accompanying article. Other pioneer recipients are professor of microbiology and molecular genetics Ann Hochschild, who is studying prions, and Knowles professor of molecular and cellular biology Tom Maniatis, who is using stem-cell-derived neurons to study amyotrophic lateral sclerosis. The new-innovator scientists are assistant professor of cell biology Samara Reck-Peterson, who is exploring the movement of chromosomes during cell division, and other cellular structures; assistant professor of biological chemistry and molecular pharmacology William Shih, who is using nuclear magnetic resonance to probe the structure of membrane proteins; assistant professor of pathology Amy Wagers, who is examining the aging and rejuvenation of stem cells; and instructor in medicine Sean Wu, who focuses on cell-based regeneration of functioning organs. Together, their work (summarized at http://nihroadmap.nih.gov) is a snapshot of research at the frontiers of contemporary biomedical science.

 

You might also like

Historic Humor

University Archives to preserve Harvard Lampoon materials

Academia’s Absence from Homelessness

“The lack of dedicated research funding in this area is a major, major problem.”

The Enterprise Research Campus, Part Two

Tishman Speyer signals readiness to pursue approval for second phase of commercial development.  

Most popular

Poise, in Spite of Everything

Nina Skov Jensen ’25, portraitist for collectors and the princess of Denmark. 

Renovating Gund

Renovations on Gund Hall of Harvard Graduate School of Design (GSD) to be completed by next year. 

Claudine Gay in First Post-Presidency Appearance

At Morning Prayers, speaks of resilience and the unknown

More to explore

Exploring Political Tribalism and American Politics

Mina Cikara explores how political tribalism feeds the American bipartisan divide.

Private Equity in Medicine and the Quality of Care

Hundreds of U.S. hospitals are owned by private equity firms—does monetizing medicine affect the quality of care?

Construction on Commercial Enterprise Research Campus in Allston

Construction on Harvard’s commercial enterprise research campus and new theater in Allston