$10 Million Gift to Spur Nanomedicine Research
Northwestern University's Institute for BioNanotechnology in Medicine will house the Louis A. Simpson and Kimberly K. Querrey Center for Regenerative Nanomedicine, which the Querrey Simpson Charitable Foundation will establish.
Northwestern University announced it has secured a $10 million gift from the Querrey Simpson Charitable Foundation to establish the Louis A. Simpson and Kimberly K. Querrey Center for Regenerative Nanomedicine, which will operate within Northwestern's Institute for BioNanotechnology in Medicine "and support bold, risk-taking research ideas that ultimately could offer solutions to challenging human health problems as well as develop life-enhancing therapies," according to the Evanston, Ill.-based university. The institute, known as IBNAM, is located at Northwestern's Chicago campus.
The gift came from the foundation of Louis A. Simpson, a Northwestern Board of Trustees member and a 1958 graduate of the university's Weinberg College of Arts and Sciences, and his wife, Kimberly K. Querrey.
IBNAM Director Samuel I. Stupp and his students have made significant strides during the past decade on tissue regeneration in the central nervous system, as well as cartilage and bone and heart tissue, according to Northwestern.
"Researchers in the new center will be able to collaborate with the best scientists around the world to pursue potential breakthroughs in regenerative nanomedicine that could translate into real therapies and offer human beings a higher quality of life," Stupp said in the school's news release, written by Pat Vaughan Tremmel, associate director of media relations. "Innovative bold ideas often are stifled or take an extremely long time to become fundable by external entities in the absence of the necessary data to demonstrate that they warrant a major investment."
"We are extremely grateful for this generous gift from Lou Simpson and Kimberly Querrey," said Northwestern President Morton Schapiro. "The new nanomedicine center will play a major role in extending the university's position as a global leader in the important intersection of nanoscience and medicine."