Billionaire professor donates ‘transformative’ sum to protein science institute

A portrait of Tim Springer in a garden

Source: © Craig F. Walker/The Boston Globe/Getty Images

$210 million endowment from entrepreneur and Moderna investor Tim Springer will support ongoing research

A founding investor in the biotechnology company Moderna has donated $210 million (£170 million) to the Institute for Protein Innovation (IPI) in Boston, US. 

Billionaire Tim Springer, who has been a professor of biological chemistry and molecular pharmacology at Harvard Medical School for 46 years, cofounded the IPI in 2017 and previously donated $40 million to the non-profit research organisation.