Life Science Company and Industry News Briefs

Colorado State Stem Cell Bioresearch receives $45 million

Posted by Robert Larkin on Thu, Jan 08, 2015

Researchers at Colorado State University have received a blizzard of funding thanks to the philanthropy of two prominent Coloradoans. The largest cash donation in university history of $42.5 million donation has been made by philanthropists John and Leslie Malone, who made their fortune in the cable television industry, and will create a new center and associated programs for stem-cell and other regenerative medical research at CSU. $32.5 million will fund construction of a new building for the institute, while $10 million will fund operations. The $32.5 million gift requires a match of donations for construction and will launch CSU’s Institute for Biologic Translational Therapies to investigate new medical remedies for a variety of ailments in humans and animals.

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Tags: breast cancer research, Stem cell research, Colorado State University, University of Colorado Boulder, Colorado State University Foothills Research, University of Colorado Anschutz Medical Campus, Alzheimers, 2015, BioResearch Product Faire Event, CO, Frontline Event, Colorado

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