By LINDSAY WELBERS
The University of Chicago shared in a grant that will exponentially grow the amount in its endowment for cancer research.
Ludwig Cancer Research recently donated $540 million to be split equally among six cancer research facilities in the United States, including the U. of C.
The $90 million the university will receive adds to the 2006 endowment that put $20 million in the U. of C.’s coffers.
The other recipients include Dana-Farber/Harvard University, Johns Hopkins University, Massachusetts Institute of Technology, Memorial Sloan-Kettering Cancer Center and Stanford University.
“The Ludwig funding enables us to increase the pace of discovery at a time when federal research funding has been severely curtailed,” Kenneth Polonsky, executive vice president for medical affairs at the University of Chicago and dean of the Biological Sciences Division and Pritzker School of Medicine, said in a statement.
The $90 million in funding will be used to research metastasis, the process by which cancer cells spread.