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Karmanos Cancer Institute Receives $3 Million Grant from The Herrick Foundation to Launch Challenge Initiative for Cancer Research
Date:10/20/2009

DETROIT, Oct. 20 /PRNewswire-USNewswire/ -- The Barbara Ann Karmanos Cancer Institute announced today it received a $3 million grant from the Herrick Foundation. The initial gift of $1 million launches The Herrick Foundation Cancer Research Challenge, a special initiative to increase research funding at the Karmanos Cancer Institute over the next four years. The additional commitment of $2 million will be given in match funding. For every dollar Karmanos raises for cancer research beginning Oct. 1, 2009, the Herrick Foundation will match dollar-for-dollar up to $500,000 per year, over the next four years. The Herrick Foundation grant and the matching dollars will fund key research initiatives in the five areas below:

(Logo: http://www.newscom.com/cgi-bin/prnh/20071106/KARMANOSLOGO)

  • Karmanos' National Oncogenomics and Molecular Imaging Center
  • Pediatric Leukemia
  • Lung Cancer
  • New Imaging Technologies for Cancer Detection and Treatment, and
  • Prostate Cancer

"The Herrick Foundation is encouraged by the tremendous progress in cancer research. More people are surviving a cancer diagnosis than ever before," said Todd W. Herrick, president of the Herrick Foundation. "However, too many still succumb to this disease. Supporting scientific research is critical to provide new hope and an eventual cure for our loved ones and friends.

"As one of the leading comprehensive cancer centers in the country, the Karmanos Cancer Institute is uniquely suited to lead this effort," Herrick continued. "Knowing the commitment of this results-driven team of researchers, physicians and staff, we are proud to support their outstanding work and engage the community to do the same."

The American Cancer Society estimates that more than 1.4 million new cases of cancer will be diagnosed in the United State
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SOURCE Karmanos Cancer Institute
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