March 6, 2012 | Technology Ventures Office
Brown announced today that it has received an unrestricted grant from
the Johnson & Johnson Corporate Office of Science & Technology (COSAT) to extend its seed funding for scientific research projects that have the potential to benefit patients and the healthcare system. Working with COSAT, Brown will identify projects, such as potential therapies, devices, or diagnostics, and then Brown will match funds from the grant to support the research.
“We're tremendously excited about launching this new translational seed fund,” said Katherine Gordon, who directs the university’s technology ventures office. “The funding dedicated to the new initiative will support grants for promising programs that require funding for proof of concept, feasibility or translational studies.
We're very appreciative of this funding." Brown will retain all intellectual property rights to the research.