Colorado State Receives $20 Million Gift for Research Institute

Colorado State Receives $20 Million Gift for Research Institute

Colorado State University in Fort Collins has announced a gift of $20 million from an unidentified racehorse breeder to establish a regenerative medicine research facility, fulfilling a $65 million matching challenge from lead donors John and Leslie Malone.

Announced in December 2014, the Malones' gift and the commitment from the anonymous donor will enable the university to construct the CSU Institute for Biologic Translational Therapies, which aims to tap the body's healing abilities for innovative treatments that improve animal and human health. To that end, the institute will work to develop next-generation remedies based on living cells and their products, including patient-derived stem cells to treat musculoskeletal disease and other ailments.

The Malones' gift required $32.5 million in matching gifts, which was donated in just over a year. Groundbreaking for the new center will occur later this year.

"This institute will be distinguished for working from laboratory inception to commercialization under one roof," said Wayne McIlwraith, the Barbara Cox Anthony University Chair in Orthopaedic Research and founding director of the research center. "We will work from the outset of each project with the goal of translating therapeutic knowledge from animals to people."

"$20 Million Gift Will Help Make Research Institute a Reality." Colorado State University Press Release 03/02/2016.