Tags: harvard | alum | gift

Alum Gifts Harvard $125 Million for Bioengineering School

Wednesday, 08 Oct 2008 05:11 PM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

CAMBRIDGE, Mass. — A Harvard Business School alumnus has given the university its largest individual donation ever — $125 million to start a bioengineering institute, the school announced Tuesday.

Hansjorg Wyss, a Swiss entrepreneur who earned an MBA from Harvard in 1965, said he felt humbled to be able to contribute to an effort he believes will change the course of science and medicine.

Ranked at 164 on the Forbes list of billionaires, with a net worth estimated at $6 billion, Wyss has run Synthes, a Swiss-based medical-implants and biomaterials company, for three decades.

Harvard, for its part, is hardly cash poor, having built up a $37 billion endowment fund.

The Hansjorg Wyss Institute for Biologically Inspired Engineering will attempt to discover the engineering principles nature uses to build living things, then use that information to create devices and technologies to meet medical needs.

"Little did I dream when I began my career in engineering that we would reach a point where engineers and biologists would be using nature's templates to create solutions to our medical and environmental challenges," Wyss said in a statement issued by Harvard.

The new institute will bring together experts from numerous disciplines, including robotics, biology, computer science and surgery.

It will build on the work of the existing Harvard Institute for Biologically Inspired Engineering in Cambridge, and will be located in a science complex being built in Boston's Allston neighborhood.

"Hansjorg Wyss' vision for the potential inherent in newly emerging areas of bioengineering will allow Harvard to integrate the worlds of biology and engineering to develop nontraditional solutions to seemingly insurmountable challenges," Provost Steven Hyman said.

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Texas Voter ID Law Heads to Federal Court

Tuesday, 02 Sep 2014 06:29 AM

A federal court in Corpus Christi will hear arguments this week on whether a Texas state law requiring voters to show pi . . .

Low-Carb Diet Beats Low-Fat for Weight Loss: Study

Monday, 01 Sep 2014 21:26 PM

Alow-carbohydrate diet is better for losing weight and may also be better for lowering the risk of heart disease than a  . . .

NYPD's Bratton Defends Response in Custody Death

Monday, 01 Sep 2014 19:48 PM

It appears New York City police officers behaved appropriately when they put a protective body wrap on drug user who lat . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved