- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Gene Editing Pioneer Jennifer Doudna Aims to Bring Crispr Treatments Mainstream With $1 Billion Plan
The Nobel laureate wants to build an ecosystem to make personalized gene editing therapies widely available and affordable.
Published on Feb. 21, 2026
Got story updates? Submit your updates here. ›
Crispr pioneer Jennifer Doudna, who won the 2020 Nobel Prize in Chemistry for her work on the gene-editing technology, is now aiming to raise $1 billion for her Innovative Genomics Institute to support a $100 million annual budget over the next 10 years. The goal is to make personalized Crispr treatments more widely available and affordable, and to find applications in areas like agriculture and the environment. Doudna has already helped spin out 31 Crispr-related companies valued at around $9 billion, but commercializing the technology has proven challenging. With the successful treatment of a baby with a rare genetic disorder, Doudna believes Crispr's potential is finally starting to pay off.
Why it matters
Doudna's efforts to build an ecosystem around Crispr could help overcome the challenges that have so far hindered the commercialization of gene editing technologies, making personalized treatments more accessible and affordable. Her focus on using Crispr for applications beyond just medicine, such as in agriculture and climate change, also demonstrates the broad potential of the technology.
The details
Doudna plans to raise $1 billion for the Innovative Genomics Institute (IGI) to support a $100 million annual budget over the next 10 years. This funding would go towards setting up the next generation of Crispr scientists and making personalized gene editing treatments more widely available. The IGI has already helped spin out 31 Crispr-related companies valued at around $9 billion, and Doudna is a cofounder of seven of them. One recent success was the quick development and FDA approval of a Crispr-based therapy to treat a rare genetic disorder in a baby, showing the potential of the technology. However, commercializing Crispr has proven challenging, with Crispr companies facing scientific setbacks, layoffs, and stock declines. Doudna hopes her new funding plan can help overcome these hurdles and unlock Crispr's full potential.
- In August 2024, baby KJ Muldoon was born with a rare metabolic disorder.
- In February 2025, KJ received his first infusion of a custom Crispr-based gene therapy treatment.
- In 2020, Doudna and Emmanuelle Charpentier won the Nobel Prize in Chemistry for their work on Crispr.
- In 2015, Doudna founded the Innovative Genomics Institute (IGI).
- In 2011, Doudna's student Rachel Haurwitz launched Caribou Biosciences, the first startup to come out of Doudna's lab.
The players
Jennifer Doudna
A Nobel laureate and pioneer in the field of gene editing, Doudna is the founder of the Innovative Genomics Institute and has helped spin out 31 Crispr-related companies valued at around $9 billion.
Emmanuelle Charpentier
A French biochemist who collaborated with Doudna on the research that led to the development of Crispr technology, for which they won the 2020 Nobel Prize in Chemistry.
KJ Muldoon
A baby born in August 2024 with a rare metabolic disorder, who received a custom Crispr-based gene therapy treatment that saved his life.
Fyodor Urnov
A UC Berkeley professor of molecular therapeutics and the director for therapeutic R&D at the Innovative Genomics Institute.
Janice Chen
The cofounder and chief science officer of Mammoth Biosciences, a Crispr-related company that spun out of Doudna's lab.
What they’re saying
“I mean, I'm stunned. I know the technology well, but I'm still stunned.”
— Jennifer Doudna (Forbes)
“Jennifer had warned us about the hype cycle. There's huge expectations. Then it takes longer and costs more money.”
— Janice Chen, Cofounder and Chief Science Officer, Mammoth Biosciences (Forbes)
“The treatment of the child in Philadelphia has made pretty much everyone a believer. We have no excuse to slow down.”
— Fyodor Urnov, Director for Therapeutic R&D, Innovative Genomics Institute (Forbes)
What’s next
The FDA is currently weighing a new way to assess gene editing therapies, which could allow drugmakers to adapt treatments for various mutations of the same gene without requiring separate clinical trials for each. This emerging regulatory framework could help accelerate the development and approval of personalized Crispr treatments.
The takeaway
Doudna's ambitious plan to raise $1 billion for the Innovative Genomics Institute demonstrates her commitment to making gene editing technologies like Crispr more accessible and affordable for a wider range of applications, from rare genetic disorders to climate change. By fostering the next generation of Crispr scientists and startups, Doudna aims to overcome the commercialization challenges that have so far hindered the field, unlocking the full potential of this transformative technology.


