Institut Pasteur
Executive Summary
The 125-year old Institut Pasteur has never relied entirely on state funding: today, only a third of its €174 million ($170 million) budget comes from the health and research ministries. In part due to changes instituted in the last two years, license fees and the exploitation of the Pasteur trademark now provide about 45% of Pasteur's budget-with €72 million generated in 2001. And the efforts of the Institute to do technology transfer have resulted in the creation of nine start-ups in the past four years.