$30M donated to McMaster for stem cell therapies
Money will also go to a clinic for patients with complex health problems
CBC News
Posted: Feb 6, 2012 10:44 AM ET
Last Updated: Feb 6, 2012 2:25 PM ET
Related
Related Links
A family donating $30 million to McMaster University wants to speed up the development of stem cell therapies.
Of the total going to the Hamilton, Ont., university, $24 million will be used to establish the Boris Family Centre in Human Stem Cell Therapies, which will speed the commercial development of discoveries made at the McMaster Stem Cell and Cancer Research Institute.
McMaster University has shown its ability to fast forward discoveries from the lab bench to the patients' bedside, says Les Boris, speaking after his Hamilton, Ont., family announced a donation of millions of dollars to research. (McMaster University)The other $6 million is for a unique clinic that will allow patients with complex health problems to see several specialists and have related tests during one visit.
"McMaster University has proven its ability to fast forward discoveries from the lab bench to the patients' bedside," Les Boris said in a news release on behalf of his parents' Marta and Owen Boris Foundation.
"It made perfect sense to make this investment in this world-class university."
Stem cells have the ability to become any type of cell, which could prove useful for a wide range of medical uses, from repairing tissue to treating diseases such as Parkinson's and Alzheimer's.
The McMaster institute is world-renowned for its human stem cell discoveries, such as the ability to generate blood from stem cells grown from human skin, said Mick Bhatia, scientific director of the institute.
The funding could help answer questions such as which people with blood disorders are likely to benefit from the discovery and how effective the approach is, Bhatia said.
The funds will:
- Establish two senior research chairs, one in blood stem cells that rejuvenate blood and the other in neuro stem cells that work in the brain and spinal cord.
- Set up several fellowships and technician positions.
- Build the facility and provide a fund for emerging opportunities.
Owen Boris was the founder of the Hamilton cable company Mountain Cablevision. It was sold to Shaw Communications in 2009.
After Boris died last April, the family donated $6 million to alcohol addiction research at St. Joseph's Healthcare Hamilton. Owen and Marta Boris’s youngest son, Peter, struggled with alcohol addiction before his death.
With files from CBC's Amina ZafarShare Tools
Top News Headlines
- Canadian climber's body taken off Everest
- The body of a Toronto woman who died while descending from the summit of Mount Everest earlier this month has been taken by helicopter to her family in the Nepalese capital of Kathmandu. more »
- RCMP commissioner pledges to rid force of 'bad apples'
- The RCMP's disciplinary process is so bureaucratic and out of date that "bad apples" end up staying on the force long after they should be thrown out, RCMP Commissioner Bob Paulson says in a remarkably frank open letter to Canadians. more »
- Ottawa set to shut down hearing on F-35 jet purchase
- The federal government appears set to shut down the only public investigation into Ottawa's fumbling of the F-35 fighter jet purchase. more »
- New Italian earthquake death toll rises to 10
- A magnitude 5.8 earthquake hit northern Italy on Tuesday, killing at least 10 people in the same region still struggling to recover from another fatal tremor on May 20. more »
Latest Canada News Headlines
- 'Engine shutdown' forced Air Canada jet to land
- A Japan-bound Air Canada Boeing 777 made an emergency landing at Toronto's Pearson airport on Monday, after one of its engines failed. more »
- B.C. police shooting video sparks calls for new probe
- Amateur video of the shooting of a mentally ill Vancouver man five years ago has prompted calls for B.C.'s police complaint commissioner and Crown prosecutors to take another look at the case. more »
- Effects of CP Rail strike could linger past legislated end
- After tabling back-to-work-legislation, Federal Labour Minister Lisa Raitt says she wants to see Canadian Pacific Railway trains moving again by Thursday — but experts say it could be quite a while before the company's rail service gets back to normal. more »
- Wacky weather mix across Canada
- Canadians expecting a lovely spring day are getting more than they bargained for in many parts of the country today as weather forecasts look more like the dog days of summer or, in some cases, a winter freeze. more »
The National
The Current
- The Hour Between Dog and Wolf: John Coates May. 28, 2012 4:04 PM A stock-market trader turned neuroscientist maps the biological origins of booms and busts.
- Evolution skeptics will soon be silenced by science: Richard Leakey
- 'Engine shutdown' forced Air Canada jet to land
- Richard Branson suggests naked kitesurfing to premier
- RCMP commissioner pledges to rid force of 'bad apples'
- Newly discovered malware most lethal cyberweapon to date
- Thunder Bay flooding causes state of emergency
- Man, woman shot dead in Burnaby restaurant
- 7 mutilated cats found in Vancouver suburb
- Syrian children were executed, UN says
