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Ming Hsieh donates $50 million to establish a USC institute for research on engineering medicine for cancer
Date:10/21/2010

At the October 15 inaugural ceremony for incoming USC President C. L. Max Nikias, USC trustee and alumnus Ming Hsieh took the podium immediately after the new President to announce a substantial gift.

"On this day of celebration," Hsieh said, "I announce my support of USC and the leadership of President Nikias with a gift of $50 million for the inception of an interdisciplinary research institute that will bring together the best engineers, scientists and physicians in the battle against cancer."

The new gift will establish the USC Ming Hsieh Institute for Research on Engineering Medicine for Cancer. "This institute will accelerate the pace of getting the new medicines from the lab to the cancer patients," Hsieh continued. "It will bridge the disciplines and bridge this campus and the USC Health Sciences campus."

"This kind of creative collaboration is our best hope for dealing with this devastating disease." said President Nikias. "On a personal level, I am deeply moved that Ming Hsieh chose to make this visionary gift commitment on the day of my inauguration."

The gift was Hsieh's second multimillion dollar donation to USC. The China-born founder of Pasadena-based Cogent Inc, had previously donated $35 million to name the electrical engineering department in the Viterbi School of Engineering, a gift that Viterbi School Dean Yannis C. Yortsos called "a landmark in the history of the School."

"The new Institute," Yortsos continued, "is another testament to his vision. Working with our colleagues at the Keck School and elsewhere at USC, gifted engineering faculty and students working on nanotechnology will utilize their remarkable talent and expertise to attack cancer and hopefully lead to effective cures. With this transformative gift we are positioned to become world leaders in the field."

Keck School of Medicine of USC Dean Carmen A. Puliafito, M.D., M.B.A., noted that the donation will help Keck
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Contact: Eric Mankin
mankin@usc.edu
213-821-1887
University of Southern California
Source:Eurekalert  

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Ming Hsieh donates $50 million to establish a USC institute for research on engineering medicine for cancer
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