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

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."


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

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