The University of Southern California recently received a $25 million gift from Leonard Schaeffer to provide assistance to and endow the USC Leonard D. Schaeffer Center for Health Policy and Economics. The Center was established by Schaeffer, who is the Judge Robert Maclay Widney Chair and a professor at the University, and his wife, Pamela, in 2009 to research and develop innovative solutions to healthcare issues.

"We are deeply grateful for Leonard Schaeffer's vision and support of this remarkable research center," said Jack Knott, dean of USC Price School of Public Policy. "The prolific and groundbreaking research ... and we look forward to this exciting new chapter in the center's legacy."

R. Pete Vanderveen, dean of the School of Pharmacy, which is housed in the same building as the Schaeffer Center, said the endowment is expected to help the program identify innovative solutions to current healthcare issues and develop best practices for medicine administration that can ultimately improve patient outcomes.

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