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Sloan-Kettering gets $90M donation

Monday - 1/6/2014, 8:25am  ET

NEW YORK (AP) -- Memorial Sloan-Kettering Cancer Center in Manhattan has received a $90 million gift from Ludwig Cancer Research.

The Wall Street Journal (http://on.wsj.com/1i9LVYU ) says it's one of six institutions to share a $540 million gift from the international scientific collaborative founded by the late shipping magnate Daniel Ludwig.

Sloan-Kettering will use its portion to support research in an emerging field called immuno-oncology.

The other institutions sharing the $540 million gift are Harvard Medical School; Massachusetts Institute of Technology; the University of Chicago; Stanford University; and the Johns Hopkins Kimmel Cancer Center.

The donation is one of the largest for cancer research from a private organization. It comes after a 2006 contribution that established Ludwig Centers at each of the six institutions.

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Information from: The Wall Street Journal, http://www.wsj.com


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