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Harvard’s Wyss Institute Receives $350 Million Donation | New

Entrepreneur and philanthropist Hansjörg Wyss has offered Harvard $350 million to support the Wyss Institute for Biologically Inspired Engineering, the university announced Thursday.

The donation marks Wyss’ fourth donation, building on his first $125 million gift that founded the Institute in 2008 and his subsequent donations of $125 million in 2013 and $131 million in 2019. Wyss Institute labs seek to develop new technologies in health and sustainability, and its advanced technology and business development teams bring these innovations to market through startups and business partnerships. company.

Originally from Switzerland, Wyss made his fortune by founding Synthes USA, a medical research and design company. Wyss has also donated to many Harvard schools, including Harvard Business Schoolwhere he helped strengthen the school’s doctoral programs.

The Wyss Institute has developed a number of breakthrough biomedical technologies, according to its press release, including “high-value therapies, diagnostics, medical materials and devices, and new sustainability technologies.” Wyss Institute faculty collaborate with researchers from all Harvard schools and work with 12 collaborating academic institutions and hospitals in the Boston-Cambridge area and around the world.

“The Wyss Institute has brought together scientists, clinicians, business innovators and other visionaries to develop and commercialize technologies that benefit public health and protect our planet,” said Alan M. Garber ’76, Chairman of the Board. of directors of the university and the Wyss Institute, in the press release. .

Since 2009, Wyss Institute professors and their research teams have produced nearly 4,000 patent filings, over 100 licensing agreements and 50 startups.

“Since its founding 13 years ago, the Wyss Institute has been dedicated to breaking down silos within and between academia and industry,” university president Lawrence S. Bacow said in a statement. the press release.

“This aspiration, expressed with passion and persistence by Hansjörg Wyss, has produced a unique model of collaborative, interdisciplinary research and disruptive innovations that improve and save lives,” added Bacow.

—Editor Marina Qu can be reached at [email protected] Follow her on Twitter @MingyiQu.

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