Skip to main content
Premium Trial:

Request an Annual Quote

Venter to Consolidate Four Non-Profits into Single Institute

This article has been corrected from a previous version that stated that TIGR would be included in the consolidation of Venter's non-profit efforts.

 

Washington, Sept. 27 (GenomeWeb News) - Craig Venter plans to merge four non-profit organizations that he currently directs into a single umbrella organization called the J. Craig Venter Institute, GenomeWeb News has learned.

 

Venter told GenomeWeb today at TIGR's annual GSAC meeting that the decision to consolidate the non-profit groups grew out of a need to streamline operational costs. The four organizations currently each have separate boards, administrative operations, and other activities that will now be combined under the single institute.

 

"We did this so we could save some money and to make it easier to manage," Venter said.

 

The J. Craig Venter Institute will comprise four non-profits that he launched in 2002: the J. Craig Venter Science Foundation, the Institute for Biological Energy Alternatives (IBEA), the Center for the Advancement of Genomics (TCAG), and the foundation's JointTechnologyCenter.

 

Venter said that the four groups together currently manage a grant portfolio of more than $100 million.

 

The new institute will employ approximately 500 people, Venter said, and no layoffs are expected.

 

Venter said the institute will provide further details of the consolidation tomorrow.

The Scan

Genetic Tests Lead to Potential Prognostic Variants in Dutch Children With Dilated Cardiomyopathy

Researchers in Circulation: Genomic and Precision Medicine found that the presence of pathogenic or likely pathogenic variants was linked to increased risk of death and poorer outcomes in children with pediatric dilated cardiomyopathy.

Fragile X Syndrome Mutations Found With Comprehensive Testing Method

Researchers in Clinical Chemistry found fragile X syndrome expansions and other FMR1 mutations with ties to the intellectual disability condition using a long-range PCR and long-read sequencing approach.

Team Presents Strategy for Speedy Species Detection in Metagenomic Sequence Data

A computational approach presented in PLOS Computational Biology produced fewer false-positive species identifications in simulated and authentic metagenomic sequences.

Genetic Risk Factors for Hypertension Can Help Identify Those at Risk for Cardiovascular Disease

Genetically predicted high blood pressure risk is also associated with increased cardiovascular disease risk, a new JAMA Cardiology study says.