Sean Parker Donates $250 Million For Cancer Cure

Sean Parker Gives $250 Million Donation To Help Institutions Cure Cancer

    • The Parker Institute for Cancer Immunotherapy – based in San Francisco – is part of a potential $1 billion effort to provide immunisation for cancer

 

    • Philanthropist Sean Parker, the founder of the Parker Institute, also launched Napster and helped to start Facebook

 

    • The Parker Institute will include over 300 researchers, 40 labs and six research centres

 

    • Stanford, UCLA and the University of Pennsylvania are among the universities involved

 

Silicon Valley entrepreneur Sean Parker, who has emerged at the forefront of the new age of philanthropists, today donated $250 million dollars to his foundation, The Parker Institute for Cancer Immunotherapy, which is expected to pledge over a billion dollars towards turning the human body’s immune system against the proliferation of cancer cells; in effect, creating a cure for cancer.

The Parker Institute for Cancer Immunotherapy

A formal announcement is expected by Parker and the Institute President and CEO Jeff Bluestone in Los Angeles later this week, and the Napster founder pledged commitment to finding a cure for cancer, commenting: “We are at an inflection point in cancer research and now is the time to maximise immunotherapy’s unique potential to transform all cancers into management diseases, saving millions of lives.”

The Parker Institute for Cancer Immunotherapy will include more than 300 researchers, 40 labs and 6 research centres, and includes pioneers from Stanford University, UCLA and the University of Pennsylvania.

 This cash injection, which is spread out over seven years, is expected to encourage more efforts from other philanthropists and could generate up to one billion dollars in revenue. Cancer immunotherapy, or immuno-oncology, is one of the most popular aspects of the healthcare and life sciences industry. It has spawned a wave of new drugs and partnerships designed to train the human immune system to recognise and attack cancer cells. This latest act of philanthropy in the healthcare industry must be the first of many, insists Challenge Advisory’s Megan Russell.

 Russell, who heads the global firm’s health division, went on to say: “With the newest developments and precision medicine taking hold, there are several aspects of cancer research to explore, and some of the brightest minds may not have the resources to fully realise their potential. The hope is that Sean Parker and the Parker Institute will bring about a new age of philanthropy, where the minds have the funds to provide Planet Earth with a better standard of life.”

Challenge Advisory fully welcomes the improvement of precision medicine, especially in the cancer sector, and implores institutes to continue their dedicated research to bring patients worldwide an integrated and personalised healthcare service.

Want to Learn More?

Please leave an e-mail with our team if you would like to learn more about precision medicine initiatives.

Latest News :

Friday, April 15 | 2016

IIoT

Investors Tap Into
Canada’s IIoT Potential

>
news

IIoT

Investors tap-in to Canada’s IIoT potential

Investment in Canada’s burgeoning IoT market is being fuelled by the downturn in energy prices and oil demand. However, if Canada is to realize the full potential of industrial IoT it will have to navigate the double-edged sword of a weak dollar environment.

Friday, April 15 | 2016


<

Thursday, April 14 | 2016

PRESS RELEASE

Challenge Advisory Acquire
Sinclair Fox

>
news

PRESS RELEASE

Challenge Advisory Acquire Sinclair Fox

Challenge Advisory today has announced the acquisition of Sinclair & Fox, an award-winning provider of global executive search solutions. A privately held company founded in London, Sinclair & Fox has established itself as a leading operator within the Factory Automation sector and is one of the pioneers on the Internet of Things, making them vital allies in the Fourth Industrial Revolution.

Thursday, April 14 | 2016


<

Wednesday April 13 | 2016

Health

Obama Announces
Precision Medicine Initiative

>
news

Health

Obama Announces PMI

President Barack Obama sketched out an ambitious vision of medical research Thursday powered by a vast pool of research volunteers, a growing understanding of the human genome, big data and unlikely collaborators willing to work together to achieve new medical breakthroughs.

Wednesday April 13 | 2016


<

Wednesday May 18 | 2016

Agriculture

MAPA Partner With
Challenge Advisory

>
news

Agriculture

MAPA Partner With Challenge Advisory

Brazil's Ministry of Agriculture and Supply today pledged to improving the global agricultural landscape by collaborating with Challenge Advisory on Sustainable Intensification 2016, which brings together key delegations in Brazilian agriculture for effective problem-solving throughout the agriculture sector.

Wednesday May 18 | 2016


<