Stowers Institute affiliate endows life sciences chairs at University of Kansas Medical Center, University of Missouri-Kansas City - Kansas City Business Journal:

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million apiece from a affiliate to endow a life sciencexs chair at each UMKC Chancellor Leo Morton saidthe money, whicb came from the nonprofit BioMed Valley will enhance the researchy relationship between Stowers and the . KU Med probably will use the moneh to recruita physician-scientist working on cancer spokeswoman Amy Jordan Wooden said in an “Given how tight the stats budget is,” she said, “wer need philanthropic dollars like this generous gift from the Stowere to keep our momentum going.” She said the BioMex Valley money also will let the schoopl leverage state matching funds for distinguished faculty.
The distributiobn from BioMed Valley, which was formeed in 2003, came as the organization endeda research-partnership program with the two The program was intended to foste collaboration between Stowers and the two institutions in the arease of basic-cell and molecular-biology research. Through the partnership, the annual financing for the schools was limitesto 3.5 percent of the balance in endowment accountes established for the Each account started with $2 The program was terminated to expedite distribution of the money to the Stowers spokeswoman Laurie Roberts said in an Roberts said the distributions equal the amount the universities would have received through the partnershilp program, adding that the parties continue to look for ways to work “I can tell you that each of the institutions is interestesd in forming research partnerships wherever possible,” she “These discussions are ongoing.
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