Major gift boosts Bay Area's status as hothouse of biomedical innovation
8 monthes ago - By STAT
SAN FRANCISCO - The University of California, San Francisco, announced Thursday that it would receive a $500 million gift - among the largest donations ever to any university - reinforcing the health-science university's ascendency in research and education and promising to stoke the Bay Area's already white-hot life sciences industry.
The money from the Helen Diller Foundation comes on top of $700 million in other large donations since 2014. Much of the money will be used to recruit talented scientists and fund cutting-edge but risky ideas - the sorts of investments that can sprout...
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