Navigation Links
T. Denny Sanford donates $50 million to Burnham Institute for Medical Research
Date:1/26/2010

LA JOLLA, Calif., January 26, 2010 Burnham Institute for Medical Research (Burnham) announced today that philanthropist T. Denny Sanford has pledged $50 million to support and further expand and accelerate the Institute's leading-edge medical research. To honor Sanford, Burnham, has been renamed the Sanford-Burnham Medical Research Institute. This is the second gift Sanford has made to Burnham. In 2007, he directed $20 million through Sanford Health to create the Sanford Children's Health Research Center at Burnham.

"Denny Sanford's continuing generosity will help us make a greater impact on human health," said John C. Reed, M.D., Ph.D., President and CEO, professor and Donald Bren Presidential Chair. "Medical research is changing rapidly. This gift provides a base that enhances our ability to innovate, allowing us to create and maintain technological capabilities that empower great science and also providing seed funding for new ideas that generate promising pilot results so critical for competitive grant applications. At the other end of the spectrum, this remarkable gift provides much-needed support for translating our discoveries into novel strategies for prevention, diagnosis and therapy of diseases."

The Sanford gift will significantly strengthen Burnham's endowment. While Burnham has been extremely successful at winning grant support from the National Institutes of Health (NIH), achieving eight consecutive years of double-digit growth in grant revenue and currently ranking fourth in the nation among similar organizations, philanthropy provides funding for initiatives not typically supported by the NIH and ensures stability in an increasingly competitive grant environment. The gift will be made in $10 million increments for five years.

"Since the Sanford Children's Health Research Center was established, I have had the opportunity to observe the incredible research being conducted by Burnham scientists," said Denny Sanford. "With this gift I have challenged others to join me in supporting this life-changing science."

Malin Burnham, whose own gift catalyzed a similar transformation in 1996, welcomes the change and the challenge. "We are all honored by the confidence Denny Sanford has shown in the Institute," said Burnham. "These additional resources will help our scientists address many of the world's most devastating diseases faster, and that will benefit patients."

In less than two and a half years, Denny Sanford has invested $100 million in San Diego life-science organizations. Sanford has given Burnham, both individually and through Sanford Health, $70 million. In 2008, Sanford donated $30 million to the San Diego Consortium for Regenerative Medicine, now known as the Sanford Consortium for Regenerative Medicine, to construct its state-of-the-art stem cell research facility. Burnham is a member of the Consortium.

"This gift will bring long-term benefits to our bicoastal Institute operating in California and Florida, our many collaborators, and millions suffering from disease," said Greg Lucier, Chairman of the Burnham Board of Trustees and CEO of Life Technologies Corporation.

"California is home to the world's finest biotechnology businesses and institutions that are not only producing a healthier tomorrow but also providing hundreds of thousands of jobs and generating tens of billions of dollars in economic impact in our state today," said California Governor Arnold Schwarzenegger. "I applaud Denny Sanford for his generous donations to this industry and to the Burnham Institute's cutting-edge research. Discoveries being made by our biomedical research community have already given millions help and hope, and I look forward to the life-enhancing results and new jobs created by this partnership."


'/>"/>

Contact: Josh Baxt
jbaxt@burnham.org
858-795-5236
Sanford-Burnham Medical Research Institute
Source:Eurekalert

Related biology news :

1. Carnegie donates landmark clones to biology
2. Structure of 450 million year old protein reveals evolutions steps
3. First orchid fossil puts showy blooms at some 80 million years old
4. SyntheMed Completes $2.8 Million Equity Financing
5. Rutgers Genetics receives $7.8 million for autism research
6. Seattle Childrens Hospital leads $23.7 million NIH grant to study gene repair
7. UD leads $5.3-million research project on rice epigenetics
8. Rutgers high school outreach gets $3 million boost from NSF
9. NIH awards researcher $1.5 million new innovator grant for fruit-fly studies of prion proteins
10. UD leads $5.3-million research project on rice epigenetics
11. $22 million gift from Alfred Taubman launches new biomedical research institute
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/3/2017)... 3, 2017  Data captured by IsoCode, ... detected a statistically significant association between the ... treatment and objective response of cancer patients ... predict whether cancer patients will respond to ... well as to improve both pre-infusion potency testing ...
(Date:3/30/2017)... YORK , March 30, 2017 Trends, ... type (physiological and behavioral), by technology (fingerprint, AFIS, iris ... voice recognition, and others), by end use industry (government ... and immigration, financial and banking, and others), and by ... Europe , Asia Pacific , ...
(Date:3/27/2017)... CENTRE, N.Y. , March 27, 2017 /PRNewswire-USNewswire/ ... Healthcare Information and Management Systems Society (HIMSS) Analytics ... Outpatient EMR Adoption Model sm . In addition, ... 12% of U.S. hospitals using an electronic medical ... CHS for its high level of EMR usage ...
Breaking Biology News(10 mins):
(Date:8/16/2017)... Phoenix, Arizona (PRWEB) , ... ... ... is proud to introduce the Fluidnatek® Electrospinning and Electrospraying ... and electrospraying equipment scales from table-top equipment for the lab to fully ...
(Date:8/16/2017)... WAKEFIELD, Mass. , Aug. 16, 2017  This year,s edition of ... global leader in life sciences workforce solutions, has made the list for ... Inc. 5000 recognizes the nation,s fastest-growing private companies based on a set ... Fast 50, which includes the fastest-growing companies in the Bay ... Inc. 5000 ...
(Date:8/15/2017)... Pittsburgh, PA (PRWEB) , ... August 15, 2017 ... ... JASIS, one of the largest Asian exhibitions for analytical and scientific instruments. This ... Pittsburgh), will be “New Approaches in Mass Spectrometry for Bioanalytical Applications.” This dynamic ...
(Date:8/15/2017)... ... August 15, 2017 , ... ... Now mobile responsive, the new website makes it easy to navigate through the ... Users can now find detailed product information, educational industry content and visit the ...
Breaking Biology Technology: