University of Southern California announced in May that Oracle founder and chairman Larry Ellison is donating $200 million to the university to create an interdisciplinary cancer treatment center. The center, which will be called the Lawrence J. Ellison Institute for Transformative Medicine of USC, will focus on using technology to transform cancer treatment.
The Ellison Institute will be built in West Los Angeles and will include an interdisciplinary cancer research lab, an interactive care clinic, a think tank, a wellness program and community spaces for lectures and classes. David Agus, who currently leads the USC Center for Applied Molecular Medicine, will lead the new institute.
In April, Sean Parker announced he is donating $250 million, 10% of his estimated net worth, to create a new institute to catalyze the development of cancer treatments that harness the immune system. Also in April, University of California at San Francisco announced that former Citigroup CEO and Chairman Sandy Weill is giving the university $185 million to establish a neurosciences institute. LEARN MORE