Industry Seeks to Stimulate Innovation Through Grant Programs
BIOMARKER
1. Last month, Thermo Fisher Scientific opened submissions for its Oncomine Clinical Research Grant Program, launched in 2020 for molecular diagnostics for cancer treatment.
2. Various biotech and pharma companies have initiated grant programs to support research in areas such as forensic sciences and artificial intelligence.
3. The motivations for these grant initiatives include brand recognition, expert interaction, and societal contribution.
4. Grant recipients often collaborate with the company and use their products, sometimes resulting in long-term partnerships.
5. Industry grants offer research support in the form of research supplies or financial aid.
6. QIAGEN's Young Investigator Awards provide young forensic investigators with up to $60,000 worth of instruments and reagents.
7. Thermo Fisher Scientific provides clinical research teams with up to $200,000 in reagents and general funding.
8. Merck KGaA offers up to 200,000 € ($220,479) per year for three years to academic and startup researchers.
9. In return for financial support, researchers provide companies with access to new research, inspiring new products and services.
10. The first winner of QIAGEN’s Young Investigator Awards, Margreet van den Berge, utilized the grant for research on mRNA profiling to identify body fluids and organ types.