3 ms·
Nope -- The Chan Zuckerberg Initiative is a for-profit company which allows them to lobby, etc. The Chan Zuckerberg Biohub is a non-profit research entity that
by mikeyouse 10y ago
Nope -- The Chan Zuckerberg Initiative is a for-profit company which allows them to lobby, etc.
The Chan Zuckerberg Biohub is a non-profit research entity that has received funding from the CZI, and the IP / license fees will be shared between CZ Biohub and the research institutions that they're partnering with (UCSF, Stanford, and UC Berkeley). Researchers will also have the ability to enter their IP into the public domain (with Biohub approval).
It'd be more similar to Pfizer if Pfizer fired all their sales and marketing staff as well as funneled all of their profits into additional research instead of paying billions of dollars to shareholders every year.
The CZ Biohub is basically a West Coast Broad Institute.