Wednesday, April 18, 2012

Peter Thiel?s Breakout Labs Awards $350K Each To 6 Ambitious Biotech Startups

Screen Shot 2012-04-17 at 4.54.11 AMWhile most of us are still reeling in shock after last week's one billion Instagram buy, Peter Thiel -- through both Founders Fund and the Thiel Foundation -- is almost single-handedly leading the charge into a future where humans don't age or suffer from cancer, among other things. Call it crazy or whatever you'd like, but there's no doubt that people who are trying to drastically change the world for the better often do. If a hologram can give a concert, it's not that far-fetched to imagine a future where humans don't die. As part of its commitment to improving the quality of human life in general, Thiel's latest project, Breakout Labs, is awarding $5 million to companies who push the envelope with regards to "revolutionary" scientific innovation.

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