This excerpt taken from the ELN 20-F filed Mar 30, 2006.
External Research Collaborations
As part of our continued emphasis on supporting novel research approaches in academia, we created a new research award program with the Institute for the Study of Aging, Ltd. (ISOA), a biomedical venture philanthropy founded by the Estée Lauder family. The three-year program, entitled Novel Approaches to Drug Discovery for Alzheimers Disease, seeks to catalyze and fund academic and biotechnology industry scientists worldwide to conduct research leading to the discovery of effective therapies for Alzheimers disease. The first winners of this research award program four recipients selected from a highly competitive pool of 45 scientists from 12 countries were announced by ISOA in March 2006.