Blavatnik Family Foundation Awards $16M. to Tel Aviv University
The $16 million grant will go towards several projects, including the BCDD
The Blavatnik Family Foundation announced this week that it was giving a $16 million grant to Tel Aviv University for the advancement of interdisciplinary scientific research, discovery and development.
The grant will support the multi-year Blavatnik Initiative, launched in 2014, which established five new centers and funds at TAU focusing on various fields of science, film production and the recruitment of new researchers.
BCDD - biological, chemical and computational research
Among the centers that will benefit from the grant are the Blavatnik Center for Drug Discovery which was inaugurated in May 2016. The center combines biological, chemical and computational research in order to develop new medications that will alleviate suffering and save lives.
Today, just two years after launching its activities, the Center supports dozens of projects across the TAU campus, and also serves Israeli industry in projects coordinated by Ramot.
Thanks to the Center, many researchers, at both TAU and its affiliated hospitals, have begun to collaborate even more closely in drug development. In addition, the Center engages in educational activities, and attracts numerous guests and delegations who wish to observe its pioneering work.