Win-Win for industry & academia

BASF, the world’s largest chemical company, officially launched a collaborative research program with Harvard yesterday.

Under the terms of the agreement jointly established by the University’s Office of Technology Development and BASF in October 2007, the German company will provide $20 million over the next five years to support Harvard researchers in areas including the applied sciences, engineering, and chemical and systems biology.

“As researchers, we are constantly looking for new, interesting problems to work on,” said physics professor David A. Weitz, who is co-directing the BASF Advanced Research Initiative. “The industry is a wonderful place to find and work on more problems that could make a difference for humanity.”

Read the full story in The Crimson