The Picower Institute for Learning and Memory is, along with the McGovern Institute for Brain Research and the Department of Brain and Cognitive Sciences, one of the three neuroscience groups at MIT. The institute is focused on studying all aspects of learning and memory; specifically, it has received over US$50 million to study Alzheimer's, schizophrenia and similar diseases.
When it was established in 1994, the institute was primarily funded by the Sherman Fairchild Foundation, the RIKEN Brain Science Institute and the National Institute of Mental Health.[1] It was renamed after a massive grant by the Picower Foundation in 2002, the eponymous charity group funded by profits from Bernard Madoff's ponzi scheme.[1]
On July 1, 2009, Professor Li-Huei Tsai became the director of the Picower Institute.[2] The institute was directed by founder and Nobel Prize laureate Susumu Tonegawa until he resigned on December 31, 2006 after a committee found his attempts to deter recruiting a scientist with overlapping research interests "inappropriate" [3]
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Coordinates: 42°21′34″N 71°05′38″W / 42.359446°N 71.093902°W
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