Scientific Research

Hopkins partners with investment management firm to boost early stage research

Hopkins partners with investment management firm to boost early stage research

Johns Hopkins University scientists will get a $65 million infusion of funding from a Wall Street investment firm that they hope will help bring more drugs and other medical treatments to market.

The investment from New York-based Deerfield Management Co. comes as government funding for scientific research continues to decline and drug companies remain cautious about which studies they choose to invest in. Many funders want proof of a drug’s potential before they invest.

Such an investment offers research institutions like Hopkins an alternative to funding basic scientific inquiry that traditionally has been funded by the federal government through the National Institutes of...

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