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Home > Company Index > Health Products & Services > Medical Laboratories & Research > Howard Hughes Medical Institute

Howard Hughes Medical Institute
 PROFILE
The fortune that once belonged to a man afraid of germs and disease is now helping to fight them. The Howard Hughes Medical Institute (HHMI) is one of the largest private medical research organizations in the US. Unlike most such organizations, HHMI directly employs the researchers it funds and provides needed equipment and facilities. The institute concentrates primarily on such biomedical areas as cell biology, genetics, immunology, neuroscience, and structural biology. The institute also supports science education through a grant program. Founded in 1953 by Howard Hughes, the institute was the major beneficiary of the sale of Hughes Aircraft to General Motors and has an endowment of more than $10 billion.

 COMPETITION
American Cancer Society, Inc. (dossier)
The Johns Hopkins University (dossier)
Louisiana State University System (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: August
1998 Sales (mil.): 399.50
1-Yr. Sales Growth: (80.2)%
Employees: 3,000
Revenue per employee: $133,166.67

 KEY PEOPLE
• Thomas R. Cech
    CEO
• Stephen M. Cohen
    CFO

 CONTACT INFO
4000 Jones Bridge Rd.
Chevy Chase, MD 20815
US
Phone: 301-215-8500
Fax: 301-215-8937
Online: Web Site

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