Charity launches $330M initiative to fund high-risk life sciences projects

Charity launches $330M initiative to fund high-risk life sciences projects
https://www.statnews.com/2018/07/09/wellcome-trust-launches-fund-to-boost-high-risk-life-sciences-projects/

One of the world’s largest biomedical research charities is setting up a
new $330 million initiative to fund high-risk projects — an effort it hopes
can help researchers challenge the status quo in the life sciences.

The Wellcome Trust says that it is establishing what it is calling the Leap
Fund — an independently run offshoot that will seek out and provide funding
for outside-the-box science.

The idea is to support research that is simply not a sure enough bet for
more traditional funding bodies, Wellcome’s director, Dr. Jeremy Farrar,
told STAT in an interview.
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