Brody Gives $1M to Sanford-Burnham

Xconomy San Diego — 

San Diego businessman Art Brody has pledged $1 million to the Sanford-Burnham Medical Research Institute to help the academic center turn some of its basic science discoveries into new healthcare products. The gift is being used to create the Art Brody Innovation Fund, which will support promising research that otherwise might not advance with the help of federal grants or venture capital. The Innovation Fund will provide seed capital for spinoff companies from the Sanford-Burnham.