Oracle co-founder gifts $200M to USC to create cancer research center

Larry Ellison, co-founder of tech giant Oracle, granted $200 million to the Los Angeles-based University of Southern California to develop a cancer research center, Bloomberg reports.

David Agus, MD, a USC professor and researcher, will helm the Lawrence J. Ellison Institute for Transformative Medicine.

"There will be clinics, engineering labs, think tanks, and kids will be able to go on tours all day because we need to excite the next generation," Dr. Agus told Bloomberg. "We'll also have artists and chefs in resident to get people to understand cancer and the emotion around it. It will be the first of its kind."

The institute, slated to open sometime in 2019, will foster collaboration between researchers from a variety of disciplines, including mathematics, medicine, engineering and physics with the aim of tackling cancer's many unknowns. 

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