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Oracle's Ellison gives $200 million to USC for new approach to cancer researcher

by Thomas Dworetzky, Contributing Reporter | May 18, 2016
Business Affairs Rad Oncology

The institute will bring together researchers from diverse fields, including health and wellness, and also physics, biology, math and engineering.

“There will be clinics, engineering labs, think tanks, and kids will be able to go on tours all day because we need to excite the next generation,” Agus told Bloomberg. “We’ll also have artists and chefs in residence to get people to understand cancer and the emotion around it. It will be the first of its kind.”

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Agus now leads the USC Center for Applied Molecular Medicine (CAMM) at the USC Norris Westside Cancer Center in Beverly Hills, and on the USC Health Sciences Campus in Los Angeles.

At CAMM, the focus is on ways to use the body's own proteins and genomics to fight cancer, conducting both research and clinical trials aimed at molecular targeting that disrupts cancer at a cellular and molecular level – an approach that leans heavily on individualization of cancer therapy.

Ellison's is the latest multi-million dollar gift given to fight cancer. Former president of Facebook and Napster founder, Sean Parker, made news in April with a $250 million gift for a research institute to study immune-system approaches to fighting the disease.

In March, Michael Bloomberg and Sidney Kimmel spearheaded a $125 million drive to form an immunotherapy-focused institute at Johns Hopkins.

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