Cancer research helmed by a Johns Hopkins radiation oncology professor is the first to receive backing from a fund backing work that might create startups.
Marikki Laiho, is receiving funding and support through Bluefield Innovations. Announced in November, Bluefield is a partnership between Johns Hopkins and New York investment firm Deerfield Management.
The $65 million fund is aiming to fund about a dozen research efforts that could show promise toward developing therapeutics over the next five years. It puts money and resources behind the effort to spin out more startups from research at the university. Cancer research is a particular area of expertise for the university.
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