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Fred Hutchinson Cancer Research Center's "Project Violet" Taps Crowd, Seeks $20 Million for Drug Discovery



8/15/2013 7:34:11 AM

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Many scientists are dreaming these days about using crowdfunding to raise money for their projects, through platforms like Kickstarter. Usually the scientists seek to raise a few thousand bucks in the name of a fairly incremental advancement in our understanding of biology. Jim Olson and his team at Seattle’s Fred Hutchinson Cancer Research Center are thinking way bigger than that. Olson, probably Seattle’s most accomplished biotech entrepreneur of the past five years, has a team working on a new drug discovery platform that could have attracted $20 million in venture capital back in the go-go days of the early 2000s.

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