The donation will accelerate those efforts, he said.
Five years ago, Blavatnik gave $50 million to establish the Blavatnik Biomedical Accelerator and the Blavatnik Fellowship in Life Science Entrepreneurship Program at Harvard Business School, where he’s an alumnus. He’s also made science-related pledges to Yale, Stanford, and Tel Aviv universities.
Young Scientists
Since 2007, he’s committed $80 million to create the Blavatnik Awards for Young Scientists with the New York Academy of Sciences. It was at the annual awards gala in New York that Daley and Blavatnik dined together.
The gift surpasses the $90 million the medical school received in 2014 from Ludwig Cancer Research. The Blavatnik Family Foundation’s previous record was about $125 million to establish a school of government at the University of Oxford.
The new gift is separate from the $789 million Harvard Medical School raised in its campaign completed June 30, where donors included Bill Ackman and Leon Black.
This article was provided by Bloomberg News.