InnovationRx: Microsoft Cofounder Paul Allen’s Estate Launches $500 Million Fund For Research

New $500M push to bring Microsoft co-founder Paul Allen's 'vision to bear'

A new Paul Allen estate-backed foundation pledged $500 million to scientific efforts over the next four years.

InnovationRx: Microsoft Cofounder Paul Allen’s Estate Launches $500 Million Fund For Research

In this week’s edition of InnovationRx, we look at whether Congress will extend Obamacare subsidies, the latest data on Lilly’s obesity pill and more.

New Fund for Science and Technology Announces Inaugural Grants

The Seattle-based Fund for Science and Technology (FFST) announced an inaugural set of grants and its plan to fund at least $500 million over the next four years to support transformational science and technology for people and the planet. Funded by the estate of Paul G. Allen, the new private foundation is focused on Allen’s lifelong passion for bioscience, the environment, and the power of AI for good, all to accelerate progress against some o…

New research foundation commits $500M to funding 'long bets' in science

A new research foundation backed with funds from the estate of Paul Allen, the deceased co-founder of Microsoft, will dole out at least $500 million to research in life sciences, the environment and artificial intelligence over the next four years.