Scripps Biomedical Research Institute received $100 million grant, largest amount by single donor for University of Florida, six months after the private institute was acquired by the public school.
The University of Florida has struck a deal to buy the in-state assets of the Scripps Research Institute, which includes three science buildings and 70 vacant acres. The price tag? One hundred dollars.
For just $100, the University Florida will acquire Scripps Research Florida's assets, including three buildings in Jupiter, 70 acres of vacant land, and other assets and liabilities upon the integration of the nonprofit with public university.