The document discusses the Life Sciences Institute (LSI) at the University of Michigan over the past 10 years. It describes how the LSI has embraced rapid scientific changes, complexity, and financial challenges by innovating and following the science. The LSI provides a collaborative environment and infrastructure that supports basic scientific discovery and allows scientists to focus on research and publishing. It has recruited exceptional interdisciplinary faculty, built a facility conducive to collaboration, and supported students and training of the next generation of scientists. The LSI has also strengthened the university's impact globally and ties to the biotech community, resulting in patents, commercialization, and potential new drugs.