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March 29, 2016

Johns Hopkins Gets $125 Million to Advance Cancer Therapy

Johns Hopkins University will receive $125 million from a slate of donors to establish a new institute devoted to developing breakthrough cancer treatments based on immunotherapy, reports The Washington Post. The philanthropic push is keyed by $50 million gifts from billionaire media mogul and former New York mayor Michael Bloomberg and Sidney Kimmel, founder of fashion firm Jones Apparel Group.

Both donors have histories as significant patrons of Johns Hopkins, which is already home to the Sidney Kimmel Comprehensive Cancer Center. The center will house the new Bloomberg-Kimmel Institute for Cancer Immunotherapy, which will focus on using patients' own immune systems to attack the cancer, a promising approach credited with helping former president Jimmy Carter survive melanoma that was diagnosed last year.