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Venter to Consolidate Three Non-Profits into Single Institute

NEW YORK, Sept. 29 (GenomeWeb News) - Craig Venter today announced that he would merge three non-profit research organizations that he currently directs into a single umbrella organization called the J. Craig Venter Institute.

 

The three organizations that will be merged include the Center for the Advancement of Genomics, the Institute for Biological Energy Alternatives, and the J. Craig Venter Science Foundation Joint Technology Center. They were founded nearly three years ago and conduct basic science genomic research, high-throughput genomic sequencing, and genomic policy research.

 

"We did this so we could save some money and to make it easier to manage," Venter told GenomeWeb News yesterday at TIGR's annual GSAC meeting in Washington.

 

TIGR, which is an affiliated organization, will continue to receive support from the J. Craig Venter Science Foundation.

 

Among the research programs underway at the Venter Institute are a study of the genetic causes and potential genomic solutions to diseases such as cancer, which is led by Robert Strausberg. Hamilton Smith is leading a couple of research projects, including research on new methodologies to synthesize large segments of DNA to eventually enable the construction of whole artificial chromosomes, as well as the biological production of cleaner and more efficient fuel production, primarily hydrogen.

 

According to a statement issued by Venter, the three organizations have nearly 200 employees and a budget of more than $50 million.

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