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million apiece from a affiliatew to endow a life sciencees chair ateach institution. UMKC Chancellofr Leo Morton saidthe money, which came from the nonprofit BioMef Valley Corp., will enhance the research relationship betweenh Stowers and the . KU Med probablu will use the money to recruita physician-scientistt working on cancer research, spokeswoman Amy Jordaj Wooden said in an e-mail. “Givehn how tight the state budget is,” she said, “we need philanthropic dollar s like this generous gift from the Stowers to keep our momentum going.” She said the BioMed Valley money also will let the schoo leverage state matching funds for distinguishe faculty.
The distribution from BioMed Valley, whichg was formed in 2003, came as the organizatiohn endeda research-partnership program with the two The program was intended to foster collaboration between Stowers and the two institutions in the areas of basic-celpl and molecular-biology research. Through the the annual financing for the schools was limitedto 3.5 percen of the balance in endowment account established for the Each account started with $2 million. The programm was terminated to expedite distributio n of the money to the Stowers spokeswoman Laurie Roberts said inan e-mail.
Robertss said the distributions equal the amount the universitie s would have received through the partnership adding that the parties continue to look for ways towork “I can tell you that each of the institutionw is interested in forming research partnershipx wherever possible,” she said. “These discussions are
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