Shots:

• Bayer to fund $30M to the joint research projects for the next 5yrs. The joint lab will host the scientist from all the partners to research on new therapies for chronic lung cancer 
• The launch of a lab will robust Bayer’s existing presence in Boston and will combine Bayer’s drug discovery & development expertise with BHW & MGH’s clinical expertise- understanding of disease mechanisms- data analysis capabilities
• The new lab at BWH is in the Longwood Medical and Academic Area- consisting of 20 experts from all three organization and will share equal rights of the research findings at the new lab. In 2018- Bayer established its first joint lab in collaboration with the Broad Institute of MIT and Harvard focusing CV diseases in Boston

Click here to­ read full press release/ article | Ref: Bayer | Image: Fortune