The donation is for the Israel National Center for Personalized Medicine, which will be named for Nancy and Stephen Grand.
Nancy and Stephen Grand of San Francisco have donated $50 million to the Weizmann Institute of Science for the Israel National Center for Personalized Medicine, which will be named for them. The donation is the largest in the 70-year history of the American Committee for the Weizmann Institute.
The National Center for Personalized Medicine is a state-of-the-art biomedical research center focused on four innovative fields: genomics; protein profiling; bioinformatics; and drug discovery. Personalized and predictive medicine uses information about a person's genes, proteins, and personal history to prevent, diagnose, and treat disease. The center serves Israel's life sciences research community, universities, hospitals, and the pharmaceutical, biotechnology, and biomedical industries. It will collaborate with researchers from leading foreign institutions, and will draw upon Israel's diverse genetic pool comprised of populations from around the globe.
Stephen Grand is the co-founder of Grand/Sakwa Properties, one of the largest developers of residential and retail properties in the Midwest.
Published by Globes [online], Israel business news - www.globes-online.com - on November 6, 2013
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