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Collaboration to Create Pediatric Research Institute Receives $23 Million
Date:10/24/2007

of Medicine at the University of Pittsburgh, however, this is a time of both great scientific opportunity and serious financial challenge for research in children's health: "The recent, extraordinary advances in developmental, cellular, and molecular biology present possibilities for the prevention and treatment of disease that could not have been imagined just a few years ago, but the federal appropriations that traditionally have supported such work are under great stress. Given those circumstances, this exceptional investment in pediatric research is even more critical and will have even greater impact than would have been the case in the past."

Commenting on the project, Seward Prosser Mellon, president of the Richard King Mellon Foundation, stated, "The foundation's trustees are very pleased to acknowledge the collaboration of these outstanding institutions as well as the tremendous promise this undertaking offers both to the quality of life and economic vitality of our region."

"Children's health issues frequently fall short in the distribution of medical research dollars," added Richard P. Mellon, the foundation's chair. "Through this initiative, we hope to ensure a healthier outcome for our children, an ingredient essential to the future health and prosperity of our region and country."

"The construction of our new 10-acre, environmentally friendly campus in Lawrenceville visibly signals the beginning of a new era for children's health in Pittsburgh," said Roger A. Oxendale, president and chief executive officer of Children's Hospital of Pittsburgh of UPMC. "These added financial resources will strengthen our efforts to ensure that the research conducted within the new complex will ultimately result in healthier lives for all of the children in this region and beyond."

The new institute will apply some of the concepts first used by the renowned Howard Hughes Medical Institute to fund areas of basic science that have had a profound ef
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SOURCE Children's Hospital of Pittsburgh of UPMC
Copyright©2007 PR Newswire.
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