Paul Allen foundation awards millions for biological research
The Paul G. Allen Family Foundation, based in Seattle, is awarding roughly $10.5 million to several research initiatives. Established in 1988, the foundation funds projects in fields such as bioscience, environment and the arts.
The award will fund seven projects, four of which are centered around extracellular vesicles, an area of research that has been difficult for researchers to fully grasp. The other three will explore how sex hormones affect different processes in the body.
The funding was facilitated by the Paul G. Allen Frontiers Group. Its director, Kathy Richmond, stated that these projects may, “not only change and challenge our current understanding of basic biological principles but also are poised to reveal significant implications in human health.”