The Broad founders helped found the institute 18 months ago with an original $100 million gift.
According to The Broad, the combined gift will be doled out in $20-million blocks over the next 10 years. Eli Broad said that the couple decided to double the institutes funding because they were impressed by the "tremendous progress already made by the scientists and by the success of the new model for collaborative
science involving Harvard and MIT."
Eric Lander, founding director of the institute, called the gift a "vote of confidence."
The Broad also said that a new Broad Institute building, located at 7