Purdue to House $100-Million Biomedical Institute Paid For by Mann Foundation

By GOLDIE BLUMENSTYK

Treading where several other universities have declined to go, Purdue University formally announced this month that it would become home to a new $100-million institute financed by a foundation created by the California billionaire Alfred E. Mann.

Purdue's president, Martin C. Jischke, said the new Alfred Mann Institute, designed to commercialize academic inventions, was "a bold and very promising arrangement" that aligned well with the university's broader goal of translating its