September 18, 2008
Biomedical Institute Receives $400-Million
Eli and Edythe L. Broad have announced that they are pledging $400-million to endow the Broad Institute of Harvard and MIT, in Cambridge, Mass., a biomedical-research center that is jointly run by Harvard University, the Massachusetts Institute of Technology, and the Whitehead Institute for Biomedical Research.
The Broads, who have given more than $1.7-billion in their lifetimes, provided $100-million to start the institute in 2003. Its goal is to bring researchers together from a