Novartis Institute For Functional Genomics Formed

7 April 1998

Novartis Research Foundation has formed the Novartis Institute forFunctional Genomics which will house around 20 laboratories to focus on functional genomics, combinatorial chemistry, proteomics and high-throughput screening etc. The Institute, which will be built next to The Scripps Research Institute in La Jolla, California, will receive total funding of $250 million over 10 years.

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