A program launched last year by the Wisconsin Alumni Research Foundation to invest in promising biotech discoveries made on the University of Wisconsin-Madison campus will also work with the La Jolla, CA-based Sanford Burnham Prebys Medical Discovery Institute, the organizations said recently.
The partnership is part of a broader movement to accelerate the “bench to bedside” process by better integrating those in academia, government, and industry in the hopes of more rapidly pushing ahead pharmaceutical innovation. The San Diego-area medical research institute inked a similar deal with the Mayo Clinic in 2012.
The Wisconsin Alumni Research Foundation (WARF), an independent, nonprofit organization, handles patenting and licensing for UW-Madison. Its portfolio includes more than 2,000 patents and investment assets worth $2.7 billion.