The University of Southern California has announced a $10 million gift from retired ophthalmologist Allen Ginsburg and his wife, Charlotte, to establish a research fund at the USC Institute for Biomedical Therapeutics.
The gift will support research at the institute as well as a biennial meeting of physicians and researchers. During the latter, organizers will award the Ginsburg Vision Research Prize to the team or individual whose work shows the most promise in identifying a treatment or cure for eye disease. Established in 2015, the institute is focused on developing new approaches to the diagnosis and treatment of neurosensory disorders and diseases that cause debilitating blindness. In recognition of the gift, the institute will be named the USC Dr. Allen and Charlotte Ginsburg Institute for Biomedical Therapeutics.
Allen Ginsburg retired from ophthalmology in 1990 and has since focused on real estate. Charlotte Ginsburg's interests include the performing arts and costume and fashion design.
"We are very much inspired by this incredibly generous gift to develop revolutionary solutions for blindness through translating groundbreaking discoveries in the fields of biomedical engineering, stem cell biology, visual sciences, and pharmacology," said Mark Humayun, the institute's inaugural director. "With this support from Dr. Allen and Charlotte Ginsburg, we anticipate making major advances in the fight against eye disease and other neurosensory diseases, and in doing so, help patients for whom there is no foreseeable cure."