Regeneron Sponsors High School Science Competition

Barrons:

Here’s news that could fog a young biologist’s safety goggles: Winning the nation’s top high-school science contest is now worth $250,000, up from $150,000.
Regeneron Pharmaceuticals (ticker: REGN) announced Thursday that it had been chosen by the Society for Science & the Public as the new sponsor for the yearly Science Talent Search. The biopharma outfit committed $100 million over 10 years, including $3.1 million annually for prizes, nearly double the amount under previous sponsor Intel (INTC). The 75-year-old STS was long known as “the Westinghouse” before Intel took over sponsorship in 1998 from the old-line manufacturer.