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Business
Six Universities Get Cancer Funds
by Michael McCoy
January 13, 2014
| A version of this story appeared in
Volume 92, Issue 2
Ludwig Cancer Research, an R&D network founded by the late American shipping magnate Daniel K. Ludwig, has donated $540 million to be divided evenly among six cancer research centers. The centers, which Ludwig posthumously established in 2006, are at Johns Hopkins University, Harvard University, MIT, Memorial Sloan-Kettering Cancer Center, Stanford University, and the University of Chicago. MIT, for example, will use its $90 million to advance basic research on metastasis. To date, Ludwig Cancer Research has invested $2.5 billion in cancer research.
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