endowment

The institute is being funded with a gift from the family of recently deceased Costco Cofounder Jeff Brotman, and will be directed by UW's Jay Shendure.

The grant is uniquely structured and is expected to eventually result in an unrestricted endowment named the Pershing Square Innovation Fund.

The gift will establish The Elizabeth H. and James S. McDonnell III Genome Institute. 

NEW YORK (GenomeWeb News) – Clemson University will use $4 million in private and state funding to create a new chair in genetics research at its Center for Human Genetics, and it will select a "leading geneticist" to hold the chair, Clemson said on Tuesday.

NEW YORK (GenomeWeb News) – The University of Pittburgh today said that it has received two $1 million gifts from The Pittsburgh Foundation to endow chairs for cancer research and personalized medicine.

The Stanley Center for Psychiatric Research focuses on using genetic technologies to understand schizophrenia, bipolar disease, and other mental illnesses.

The $6 million endowment from Irwin Jacobs, chairman of the Board of Trustees at The Salk Institute for Biological Studies, and his wife Joan Klein Jacobs, will establish the Renato Dulbecco Chair in Genomics and the Roger Guillemin Chair in Neuroscience.

The value of HHMI's endowment fund rose to $14.8 billion from nearly $14 billion in the previous fiscal year ended Aug. 31, 2009, as financial markets rebounded with the economy.

The university will use the funds to create a new chair to focus on bioinformatics, population genomics, and chronic disease genomics research.

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The UK's Human Fertility and Embryology Authority calls for consumer genetic testing companies to warn customers that testing could uncover family secrets, according to the Guardian.

Researchers have transplanted edited cells into mice that appear to combat cocaine addiction, New Scientist reports.

The New York Times reports that United Nations delegates have been discussing how to govern the genetic resources of the deep sea.

In PNAS this week: analysis of proteolytic enzymes secreted by circulating tumor cells, phylogenetic study of Fv1 evolution, and more.