Parker Foundation launches cancer institute with $250M

Entrepreneur Sean Parker's The Parker Foundation established a cancer immunotherapy institute to bring together six academic research centers, and granted the institute $250 million.

The newly launched Parker Institute for Cancer Immunotherapy includes researchers from Memorial Sloan Kettering Cancer Center, Stanford University, the University of California Los Angeles (UCLA), the University of California San Francisco (UCSF), the University of Pennsylvania and the University of Texas MD Anderson Cancer Center. The institute is also collaborating with more than 30 industry partners. UCSF Professor Jeffrey Bluestone will be the institute's president and CEO. ...