The Eli and Edythe Broad Foundation is donating $20 million to fund adult and embryonic stem cell research at UCLA, enhancing a program that brings together biologists, chemists, engineers, geneticists and other scientists to develop new and more effective treatments for cancer, HIV/AIDS, Parkinson's, metabolic disorders and other medical conditions.
In recognition of the gift, the Institute for Stem Cell Biology and Medicine at UCLA will be renamed the Eli and Edythe Broad Center of Regenerative Medicine and Stem Cell Research at UCLA. The gift will be used to purchase specialized, high-tech laboratory equipment and will support faculty recruitment through research grants and endowed professorships, enabling UCLA to continue its leadership in cutting-edge, multidisciplinary scientific and medical research.