Word: merck
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...gift will be administered by a committee of six: two FAS Professors, two members of the Medical School faculty, and two non-voting Merck representatives...
Murray said the Merck gift will allow research to proceed that might not have been funded under more conservative funding programs...
While professors look at the gift as a boon to the department, Merck officials say they, too, have something to gain by freeing researchers to do more experimental research...
...think that the [Bauer Center] is an excellent conception,” said Mervyn J. Turner, senior vice president at Merck Research Laboratories. “By funding it, we’d be providing some seed money to trigger these new areas of fundamental research in the biological sciences...
Turner, who negotiated the terms of the gift with the chair of the MCB Department, said that Merck will not have any licensing claims over the research produced using the gift...