Belfer Family Foundation announces challenge gift for neurodegenerative disease research
November 05, 2012
The University of Texas MD Anderson Cancer Center, the Massachusetts Institute of Technology (MIT) and Baylor College of Medicine recently received a $25 million challenge gift from the Robert A. and Renee E. Belfer Family Foundation to form the Neurodegeneration Consortium (NDC). The initiative brings together specialized scientific researchers from the schools to target neurodegenerative disease through the discovery and identification of important molecular targets.
"This truly collaborative enterprise brings together some of the field's most creative scientific minds and the formidable capabilities of three major academic institutions," said Ronald DePinho, president of MD Anderson. "It's a unique group of investigators focused on understanding one of the greatest challenges facing humanity in this century"
In order to use the Belfer Family Foundation gift, members of the consortium will need to raise another $18.5 million in matching funds by January 1, 2016, adding to the $6.5 million that has already been acquired toward the $25 million goal.
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