Philanthropy, Regenerative Medicine and Stem Cell Research

Philanthropic contributions are helping to speed and expand research into regenerative medicine and stem cell therapies.
By: Florida Spine Center
 
Dec. 20, 2011 - PRLog -- Philanthropists are turning towards regenerative medicine and stem cell research as a means of improving potential disabling or life-threatening illnesses, helping to push regenerative medicine to new heights in research.  

Leading the way is Larry Ellison, founder of the Oracle empire.  He has given more than $300 million for basic medical research, and is second only to the federal government’s National Institute on Aging.  Ellison became interested in the potential impact of biotechnology after meeting Nobel laureate, Dr. Joshua Lederberg when Lederberg spoke at a Stanford University symposium in 1990.  Ellison then began observing Dr. Lederberg’s work and subsequently became a leading philanthropist.

Another leading philanthropist in the area of regenerative medicine and stem cell research is Peter Jackson, the director of the Lord of the Ring’s trilogy.  Jackson has donated more than $50 million to stem cell research.

The University of California San Francisco has a significant philanthropic base.  The Ray and Dagmar Dolby Regenerative Medicine Building is dedicated to stem cell research.  Additionally, the Eli and Edythe Broad Center of Regenerative Medicine Stem Cell Research at UCSF is one of the largest and most comprehensive of its kind in the United States.  Ray and Dagmar Dolby contributed $16 million to the facility, and a $25-million grant was obtained from the Eli and Edythe Broad Foundation.  

The University of California Los Angeles has also become a center for extensive stem cell research in a variety of areas.  David Geffen, the record and movie producer, contributed significantly to UCLA.  The David Geffen School of Medicine has done extensive work in many fields, including, most recently, intramyocardial injections of allogeneic bone marrow-derived mesenchymal stem cells.  It has also worked with legally blind patients in stem cell transplantation clinical trials, and transforming stem cells from adipose derived tissues in the smooth muscle.

Dr. Dennis Lox, a physical medicine and regenerative medicine specialist in the Tampa Bay area of Florida, has been following the rapid growth of regenerative medicine programs around the country.  He points out that there are leading medical centers in New York, Pittsburgh, Wake Forest, as well as the California schools, that are receiving extensive contributions from philanthropists.

According to Dr. Lox, “These philanthropic contributions will be necessary to expand research, especially in these days of diminished governmental funding, and it is through these philanthropic measures that breakthroughs will begin to be made.”


http://www.Drlox.com

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Dennis M. Lox, M.D. is board certified in Physical Medicine and Rehabilitation. Since 1990, he has used sports medicine techiques and cutting-edge technology to help heal musculoskeletal injuries and relieve pain.
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Source:Florida Spine Center
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Tags:Regenerative Medicine, Stem-cell Research
Industry:Biotech, Health, Medical
Location:Clearwater - Florida - United States
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