I had hoped to craft a joke about a scientist's iPad disintegrating halfway through his presentation, but that topic has been covered. So instead I'll object to "Yale discovers ...". Really? Yale did it? Imagine a world in which that's the rule -- imagine a headline in 1905 saying "Swiss patent office discovers new theory about the universe."
Seems reasonable enough to me. It would be different if the ex student had completed their studies at Yale and went on to research something different independent of Yale. Here though it sounds like they were funding it and that it was a continuation of research being done while a student.