Cambridge, MA and Ludwigshafen, Germany-October 24, 2007-Harvard University's Office of Technology Development (OTD) and BASF today announced an agreement to jointly establish the BASF Advanced Research Initiative.
While based at Harvard's School of Engineering and Applied Sciences (SEAS) the initiative will benefit from having strong ties with departments and schools throughout the University.
Set up as a fully collaborative, integrated partnership among Harvard and BASF researchers, the agreement represents a novel model for university-industry collaborations and is designed to foster a vibrant and dynamic intellectual exchange.
As outlined in the agreement, BASF will provide direct funding to Harvard researchers, support initially 10 postdoctoral students. Total funding over the next five years is anticipated to be up to $20 million.
Both parties plan to define and pursue projects in areas including, applied physics, physics, applied mathematics, chemical biology, systems biology, bioengineering, and materials science. If proof of concept is established in a research project, BASF will have the opportunity to further develop discoveries and innovations for possible commercialization.
Initial topics for investigation include:
- Targeting new and improved concepts to deliver active ingredient molecules to a specific place where they develop activity in a controlled manner. The active molecules will be combined with suitably structured polymer systems in the form of particles, cremes, or powders. Such formulations have potential applications in pharmaceuticals, agrochemicals, cosmetics, food, and feed;
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