In addition to financial support awarded to the winners, the Institute provides direction from leaders in the pharmaceutical industry who are charged with overseeing therapeutic development of Scholar programs. While working with the Institute, physician-scientists (and their institutions) retain the intellectual property for their work.
"Our scholars tell us that the guidance they receive from members of the Harrington Innovation Support Center is absolutely the most valuable part of their time with us—of even greater value than the money," said Jonathan Stamler, MD, President of the Harrington Discovery Institute. "Research institutions and non-profit endeavors do not typically provide strong pharmaceutical capability. Technology languishes for lack of know-how. We believe that if we can marry the best science with the best practices, we should be able to more effectively advance discovery."
The selected scholars have access to several rounds of capital (up to a total of $700,000) through their affiliation with the Harrington Discovery Institute to support the transition of their work into the private sector. Scholars are then free to approach investors of their choice to underwrite the commercialization of their work or they can have facilitated access to BioMotiv, the mission-aligned development company that also is part of The Harrington Project. However, there are no obligations on either side.
The 2017 Harrington Scholar-Innovator grant recipients are:
Paul Bollyky, MD, PhD – Stanford University – A novel drug for Type I Diabetes
Ambrose Cheung, MD – Geisel School of Medicine at Dartmouth – A novel treatment against MRSA and other Gram+ bacterial infections
Giulio Draetta, MD, PhD – The University of Texas MD Anderson Cancer Center – A new therapy and first in-human trials for pancreatic cancer
Seth Field, MD, PhD – University of California San Diego – A novel pathway causing cancer
Todd Gould, MD – University of Maryland – A new medicine for depression
John Letterio, MD – Case Western Reserve University/University Hospitals – A promising drug for Alzheimer's disease, stroke and cancer
David Lombard, MD, PhD – University of Michigan – A new strategy in melanoma therapy
Daruka Mahadevan, MD, PhD – University of Arizona – A novel class of cancer drugs and radiation sensitizers
Deepak Nijhawan, MD, PhD – University of Texas Southwestern Medical Center – A first-in-class immunotherapy for cancer
Stuart Orkin, MD – Harvard University – A novel treatment for sickle cell disease
Daniel Ory, MD – Washington University – A breakthrough treatment for Niemann-Pick C disease, a rare neurological disease
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/harrington-discovery-institute-at-university-hospitals-announces-2017-grant-funding-to-11-physician-scientists-300391486.html
SOURCE Harrington Discovery Institute