 It was founded as Kaiser Wilhelm Institute of Biophysics in 1937, and moved into a new building in 2003.It is one of 86 institutes in the Max Planck Society (Max-Planck-Gesellschaft zur Förderung der Wissenschaften e. V.).Since March 2003, the MPI for Biophysics has resided in a new building on the Riedberg campus of the Goethe University in the north of the city.