MPM, Dana-Farber forge philanthropic arrangement around new oncology funds
A new tie-up gives MPM access to innovative programs, while Dana-Farber gains much-needed basic research funding
With the launch of two new funds, MPM Capital and Dana-Farber Cancer Institute each gain access to more of something they felt they were missing.
As MPM invests its new $100 million Oncology Innovations Fund, it will have the right of first offer as new companies are created out of Dana-Farber's research projects.
Meanwhile, Dana-Farber is already deploying its new $26 million Innovations Research Fund on basic