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JDRF, PureTech Try Nonprofit Ownership To Fill Funding Gap For Diabetes Tech

This article was originally published in The Gray Sheet

Executive Summary

Call it venture philanthropy with a twist: If all goes as planned, the Juvenile Diabetes Research Foundation will co-own a series of companies dedicated to type 1 diabetes treatments without violating tax code, thanks to a structure created by Boston’s PureTech Ventures.

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