Details of Zuckerberg initiative emerge

The $600-million research organization created by Mark Zuckerberg, the founder of Facebook, is to keep the rights to commercialize the innovations it funds.

Zuckerberg and his wife Priscilla Chan announced their not-for-profit initiative, called Biohub, in September. It is part of their plan to find ways to cure, manage or treat all of the world’s diseases by 2020, which they said they would spend $3 billion to achieve.

Biohub, based in San Francisco, will collaborate with nearby institutions including Stanford University, the University of California, Berkeley, and the University of California, San Francisco. Researchers at those institutions will be able to apply for Biohub funding.