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Science Market Update
In the first quarter of 2014, National Jewish Health has raised more than $6.1 million from multiple private financial sources to improve its patient care and to accelerate its research programs.
The University of Colorado has announced an outstanding $1.521 billion in funding from the private sector through their Creating Futures fundraising project. This effort, CU's 4th fundraising campaign, began quietly in July 2006 and was publically announced in April 2011 after over $900 million had been raised through the generosity of over 115,000 sources. Since the campaign went public, the university has broadened its target audience to include CU alumni and even more individuals relevant to CU's campaign efforts. As of September 30th, CU had received a total of over $1.5 billion, with $722 million going to CU Anschutz Medical Campus and $84 million going to CU Denver.
Dr. Gary Michelson is a retired Los Angeles surgeon who made a lot of money ($1.35B) from a spinal surgical invention in 2005. Since then he's devoted himself and his considerable resources to philanthropy. One of his most passionate causes is reducing the rate of euthanasia for unwanted pets by promoting spaying and neutering, along with shelter adoption, training, and good vet care through the Los Angeles group Found Animals. Not content with the usual invasive practice of sterilizing pets, he also created the Michelson Prize and Grants to challenge research scientists to come up with a cheap, safe, and effective one-dose pill for cats and dogs to induce permanent infertility. The winner of the Michelson Prize in Reproductive Biology will take home $25M and the satisfaction of knowing that fewer pets will be put down because of overpopulation.
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Each year millions of Americans risk undergoing surgery for a variety of problems such as organ transplants, mending broken bones and cosmetic surgeries. Often surgery is necessary to fix ongoing health problems with the benefits of the surgery usually outweighing the risks. Despite the potential risks to surgery patients, in the United States more than 48 million surgeries are performed each year. In most cases, undergoing surgery is relatively risk free, but not always.
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