Hopkins receives $20M cancer research donation

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fund raising An executive for a Kansas-based conglomerate had donated $20 million to support a newly constructed cancer research building on the Johns Hopkins campus in East Baltimore, Hopkins said.

David H. Koch of New York, executive vice president of privately held Koch Industries Inc. of Wichita, made the donation. The 267,000 square foot building, which opened in March, will be named after Koch and dedicated Dec. 4.

"I am sure that breakthrough discoveries on the treatment of cancer will be made in the future in this building," Koch, a Hopkins trustee and longtime supporter, said in a statement.

The building houses researchers in cancers of the prostate, brain, pancreas, skin, lung, head and neck. It is connected by a 250-seat auditorium with another new cancer research building on Orleans Street called the Bunting-Blaustein Cancer Research Building.

The gift will help Hopkins "link a variety of departments to build interdisciplinary programs that will strengthen our research activities," Dr. Martin D. Abeloff, director of the Johns Hopkins Kimmel Cancer Center said in a statement Wednesday.

Koch Industries includes companies in numerous businesses including oil and gas trading, refining and consumer products such as Dixie cups and Lycra spandex. Last year, the company acquired Georgia-Pacific Corp. for $21 billion.

In total, Hopkins said it has raised more than $2.3 billion as part of a fundraising campaign kicked off in 2000.

source - Bizjournals 

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