Broad Institute receives $650 million mental research gift

July 22, 2014 11:26 PM

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Broad Institute receives $650 million mental research gift

The Broad Institute, a biomedical research juggernaut in Cambridge, has received the biggest gift worldwide for psychiatric research, a $650 million commitment that could help scientists unravel the genetic underpinnings of diseases such as schizophrenia and bipolar disorder and begin to develop better treatments.

The gift from philanthropist and businessman Ted Stanley, to be announced Tuesday, coincides with the publication of the largest genomic study of schizophrenia, which identified more than 100 spots in the genome that are associated with the disease. That study, done by a group that includes Broad re...

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