U.S. couple donates $50 million to Weizmann Institute
Funds will go toward operating state-of-the-art personalized medicine center.
The Weizmann Institute of Science in Rehovot was awarded a $50 million contribution for the study of personalized medicine.
The donation is the largest ever made in the 70-years history of the American Committee for the Weizmann Institute, which liaises between the university and U.S. philanthropists.
The funds, committed by Nancy and Stephen Grand of San Francisco, will be used to operate the recently established National Center for Personalized Medicine, which will be named after them.
The center 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 is the only facility of its kind in the region. It is headed by Aaron Ciechanover who was awarded the 2004 Nobel Prize in Chemistry.