A Proven Blueprint
The cell-line prize builds on the success of the Chordoma Foundation. Because they offered a financial prize to research innovators to produce cell lines for this rare bone cancer of the skull and spine, they achieved the first chordoma cell line.
It’s a Win-Win.
The foundation only pays if a validated cell line is developed, and the researcher gets a financial incentive for his or her work. The global availability of the prize encourages greater collaboration than could be achieved through a grant to a specific laboratory or institution and the success payout eliminates the risk of funding research that fails to produce.
The Gift that Keeps on Giving
A cell-line prize announcement also becomes a marketing carrot to reach researchers and supporters around the world, attracting new donors, patients, doctors, and researchers to support the cancer research effort.
Cell Line Prize Mechanics