Decreasing dependency on research grants

Although the research deal between Scripps Research Institute and Sandoz Pharmaceuticals Corp. generated a great deal of negative publicity this year, it is a fact of life that all non-profit organizations must worry about maintaining a stable funding base.

For the La Jolla Cancer Research Foundation, part of the solution is to pursue a long-term strategy to decrease its dependence on NIH grants by retaining an ownership position in the companies it starts...