The Cystic Fibrosis Foundation has invested $22 mm in new drug research led by commercial outfit FoldRx.
The CF Foundation is particularly fond of these approaches, notes the Boston Globe:
"In 2007 alone, the Cystic Fibrosis Foundation -- whose primary mission, through an affiliate called Cystic Fibrosis Foundation Therapeutics, is to keep the drug-development pipeline filled with promising prospects -- has earmarked $48 million for drug investment in pharmaceutical companies."
According to the Globe, The CF Foundation invested more than $138 million in Boston-area biotech firms alone. Puts a new spin on the term "aligned investing."