Today : Thursday - Sep 18, 2014, 03:09am (GMT+5.5)
All News  
Top News
National News
International News
Business News
Sports News
   » Cricket
   » Football
Entertainment News
Sci - Tech
Politics News
Health & Fitness
Gulf News
::| Latest News
News in Pictures

Reliance Communications has made full repayment of two loans amounting to $1 billion (around Rs 6,000 crore), during the quarter ended June 30.The repayments have been from the company's rupee resources.

Business News

Facebook, Google among tech giants launching $15 mln prize to cure deadly diseases

Thursday - Feb 21, 2013, 03:21pm (GMT+5.5)
[+] Text [-]

Facebook, Google among tech giants launching $15 mln prize to cure deadly diseases

New York - The founders of Google, Facebook and other tech giants have announced a new multi-million-dollar prize for scientists who are working to cure the world's most devastating diseases.

Mark Zuckerberg, his partner Priscilla Chan, Google cofounder Sergei Brin, 23andMe founder Anne Wojcicki, and Russian venture capitalist Yuri Milner, Google's Brin, will launch 15 million dollars annual Breakthrough Prize in Life Sciences in hopes of curing cancer and other diseases

Five scientists will be given three million dollars for 'recognizing excellence in research aimed at curing intractable diseases and extending human life," the New York post reports.

Zuckerberg said in a statement that he believes the Breakthrough Prize in Life Sciences has the potential to provide a platform for other models of philanthropy, so people everywhere have an opportunity at a better future.

According to the paper, the inaugural year of the prize, however, has gone to 11 scientists who will each receive three million dollars to further their scientific research.

Among this years winners were Charles L. Sawyer, who the committee singled out for his work on cancer genes, and Shinya Yamanaka, whose research focuses on stem cells.

Art Levinson, chairman of the board of Apple and Chairman and former CEO of Genentech, will serve as the Chairman of the Board of Breakthrough Prize in Life Sciences Foundation, which will distribute the prize money each year, the report said.


Rating (Votes: )   

blog comments powered by Disqus

Related Articles:
» Google breaks 2005 promise not to show banner ads on web search results
» Samsung Galaxy S4 unit sales exceeded 40 million in past six months
» Microsoft beats expectations with 17-percent profit surge in Q3
» Twitter seeks $10.9bn valuation in IPO
» BlackBerry introduces new smartphone priced at Rs.39,990
» Apple announces latest OS Mavericks for free download
» Apple unveils latest iPad Air, Macs and new OS
» India's Mars mission Nov 5
» Google accused of making `library visits` history!
» Google Doodle celebrates 216th anniversary of world’s first parachute jump
» Nokia Lumia 1320 likely to be unveiled today
» Kudankulam n-power plant generates 160 MW
» Power generation at Kudankulam n-plant begins
» Twitter considering killing no-longer profitable #Music mobile app
» Latest iPad5 to be thinner, lighter, sans TouchID
» Airtel acquires Qualcomm’s 4G company
» Google shares soar `all-time high` in Q3
» Microsoft updates Windows 8 with start button, Facebook app and better multitasking
» Kobo introduces e-reader tablets in India
» eBay forecasts lower-than-expected Q4 profit and sales
» HCL Technologies' Q1 profit rises 64 percent, tops estimate
» Online database of disease genes that could be targeted with drugs
» Iran to launch second monkey into space next month
» New genetic pathways involved in bladder cancer identified
» Explosive dynamic behaviour on Twitter similar to horde behaviour in financial market

Other Articles:
NY Times again plans to sell Boston Globe (21st Feb, 2013)
Manufacturing boost needed to address challenge of job creation: Anand Sharma (21st Feb, 2013)
'Embattled' Yahoo attempts to halt falling revenues with update to homepage (21st Feb, 2013)
CAG to audit Oberoi's Wildflower Hall in Shimla (21st Feb, 2013)
Sensex down nearly one percent; metal, bank stocks plummet (21st Feb, 2013)
Ericsson to open plant in New Zealand (21st Feb, 2013)
Volvo Car to cut 1,000 jobs (21st Feb, 2013)
Spanish firm wins spectrum in British auction (21st Feb, 2013)
Delhi government to bail out Tata Power (21st Feb, 2013)
Centre 'completely against' mining in Niyamgiri (21st Feb, 2013)
Jammu and Kashmir seeks coal blocks for power plant (21st Feb, 2013)
Noida, Ghaziabad partially hit by strike (21st Feb, 2013)
Civil Aviation Authority to replace DGCA: Minister (21st Feb, 2013)
Sensex trades flat, oil and gas stocks rally (21st Feb, 2013)
Mumbai airport partners with SITA for passenger technology (21st Feb, 2013)
Daimler to expand product range, network (21st Feb, 2013)
Response to strike overwhelming, say trade unions (20th Feb, 2013)
Strike evokes mixed response in Andhra (20th Feb, 2013)
ONGC, Swiber execute India's first floatover oil and gas platform (20th Feb, 2013)
HC notice over tax recoveries from social websites (20th Feb, 2013)
London’s West End named world’s most expensive place for office space renting (20th Feb, 2013)
Gurgaon Maruti Suzuki workers to strike work Thursday (20th Feb, 2013)
IT manufacturing industry could be Goa's future (20th Feb, 2013)
Strike may cause Rs.26,000 crore loss to Indian economy: Assocham (20th Feb, 2013)
India suspends gold jewellery imports from Thailand (20th Feb, 2013)

Contact Us | Advertise with Us | Privacy Policy | Disclaimer | Terms of Use