Philanthropists John Malone, MS, PhD, and his wife Leslie Malone, fascinated by the healing power of stem cells, have committed a record $42.5 million to Colorado State University (CSU) to develop regenerative medical therapies for animals and people.
It is the largest cash gift in university history, a remarkable commitment to improved human and animal health and well-being.
The donation will launch the CSU Institute for Biologic Translational Therapies to investigate next-generation remedies based on living cells and their products, including patient-derived stem cells, to treat musculoskeletal disease and other ailments. Colorado State veterinarians are experts at analyzing medical treatments for animal patients, then providing knowledge gained to boost human medical advancements; the progression is known as translational medicine and is successful because of similarities in animal and human physiology and disease.
“We are tremendously grateful to John and Leslie Malone for their generous philanthropy, foresight and dedication to scientific discovery,” Colorado State President Tony Frank, DVM, PhD , Dipl. ABVT, ACVP, said. “In addition to being the largest cash gift in the university’s history, their commitment positions us to build on our foundation as a leader in translational medicine, where advances in veterinary medicine very rapidly move into the sphere of benefitting human health.”
The new institute will be unique in its focus on developing regenerative treatments from inception in the laboratory setting, through clinical trials, to commercialization of new technologies.