Keck Medicine of USC has received a $2 million gift from The Eli and Edythe Broad Foundation to support the development of promising regenerative medicine researchers at The Eli and Edythe Broad Center for Regenerative Medicine and Stem Cell Research at USC.

The gift establishes the first series of Broad Fellows—exceptional senior postdoctoral researchers who are preparing to start their own laboratories. It will also support core research facilities and innovative projects at USC, home to one of only two dedicated university stem cell research centers in Los Angeles.

“This generous gift ensures that USC’s stem cell research center will continue to attract the best and brightest emerging talent and encourages their pioneering work as they transition into the next stage of their careers,” said Andy McMahon, Ph.D., F.R.S., director of the Eli and Edythe Broad Center for Regenerative Medicine and Stem Cell Research at USC. “The fresh views that come from promising scientists have always been the lifeblood of innovation.”

To advance the next generation of scientists, the gift provides ongoing support for the center’s state-of-the-art core facilities in imaging, therapeutic screening, flow cytometry and stem cell isolation and culture. It also enables strategic investments in the innovative research projects that will become tomorrow’s clinical advances in regenerative medicine.

The investment comes at a critical time. With government dollars for promising researchers in short supply, the gift helps ensure USC will remain a destination for the next pioneers in regenerative medicine and stem cell research. Patients will also reap the rewards of this research in the form of future stem cell-based cures.

Philanthropic leaders in biomedical research as well as many other fields, philanthropists Eli and Edythe Broad created USC’s stem cell research center with a $30 million gift to the Keck School of Medicine of USC in February 2006.

A renowned business leader who built two Fortune 500 companies over a 50-year career, Eli Broad is the founder-chairman of both SunAmerica Inc. and KB Home (formerly Kaufman and Broad Home Corporation). He is also a member of the Board of Overseers of the Keck School of Medicine of USC.

“We believe that the promise of stem cells—and the research underway at USC—is limitless,” said Eli Broad. “For us, this is an opportunity to advance essential research in hopes of finding new treatments for the many diseases that are still untreatable.”

by Leslie Ridgeway