Zuckerberg’s Nonprofit Invests $50M Into Researching Deadly Diseases

The Chan Zuckerberg Biohub, the nonprofit medical research organization launched by Facebook founder Mark Zuckerberg and his pediatrician wife, Priscilla Chan, has selected the first wave of applicants to receive funding for their research into deadly diseases.

The organization announced Wednesday an initial investment of $50 million, which will support 47 researchers from the University of California, Berkley; the University of California, San Francisco; and Stanford University in their studies into life sciences.

The successful applicants, a mix of scientists, technologists and engineers who were selected from a pool of more than 700, will each receive up to $1.5 million of "unrestricted" funding over the course of five years as part of the Biohub's Investigator Program.