IU Cancer Center Receives $50 Million

The in Indianapolis has received $50 million from Melvin and Bren Simon of Indianapolis in support of its cancer research and patient-care initiatives.

Half the gift will be used to create the Joshua Max Simon Research Endowment, recruit and retain internationally accomplished researchers to the , and support laboratory research programs at the cancer center. The remaining $25 million will fund the expansion of the center's patient-care facility — a collaboration between the medical school and .

"[The Simons'] passion for helping others will have a major impact on the lives of Hoosier families for generations to come," said IU president Adam W. Herbert. "Because of their support, faculty research in the IU Cancer Center will be accelerated and expanded in scope. The result will be the development of many more life-saving cures for all aspects of this dreaded disease."

"." Indiana University Cancer Center Press Release 11/20/2006.