Amarantus Bioscience Holdings Inc (AMBS)

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Sanford-Burnham gets record $275M gift

Institute to use anonymous donation for research on cancer, diabetes, Alzheimer's, other diseases

http://www.utsandiego.com/news/2014/jan/28/cancer-philanthropy-stemcells/

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Thoughts on possible funding for added trials for MANF or LYMPRO?

The Sanford-Burnham Medical Research Institute has received the largest-ever single donation to a local organization, a $275 million gift aimed at helping the La Jolla-based center speed up development of drugs and therapies to treat afflictions such as cancer, diabetes and Alzheimer’s disease. ...

The latest record-setting donation was made public by Sanford-Burnham president Kristiina Vuori, who said, “The (National Institutes of Health) has been funding very basic discoveries, scientists have published papers and knowledge, (but) sometimes nothing happened. Our goal is to take those discoveries and turn them into new diagnostics and new treatments.”

The federal government, various hospitals such as the UC San Diego Health System, pharmaceutical conglomerates and biomedical institutes including Sanford-Burnham have been placing more emphasis on translational medicine in the past decade or so. ...

DH