SAN DIEGO (CNS) – UC San Diego and USC have each received $25 million from the Epstein Family Foundation to conduct research into Alzheimer’s disease in treatments and cures, the universities announced on May 24. January.
The $50 million gift established the Epstein family’s Alzheimer’s disease research collaboration at universities, which split the gift equally. The funding will build on existing research done at universities and spur collaborative efforts between USC and UC San Diego in their search for effective therapies for Alzheimer’s disease, university officials said.
Alzheimer’s disease affects more than 6 million people in the United States, and experts in the field believe diagnoses could double by 2060 in the absence of a breakthrough in research into preventions and treatments. , according to USC.
Daniel and Phyllis Epstein, who made the donation from their foundation, have a personal connection to the disease, as Dan’s identical twin brother David suffered from Alzheimer’s disease for 15 years before his death, according to the USC.
“We have experienced firsthand the significant challenges that accompany the progression of Alzheimer’s disease,” Dan Epstein said in a statement. “The fact is, there is no viable treatment for this disease, so we are very excited to serve as a catalyst to advance Alzheimer’s research and hopefully achieve something remarkable in a not too distant future.”
Epstein added that he hopes the collaboration between USC and UC San Diego will create a better outcome than the two working separately.
“With the tremendous talent at USC and UC San Diego, it looked like we could take a plus one and make it three with this collaboration,” Epstein said. “When researchers interact and share ideas, it can lead to new solutions that they might not have originally thought of. When two stellar universities work together towards the same goal, great things will come of it.”
According to USC, the money will help shorten the time between study design, patient recruitment and clinical trials, in hopes of accelerating potential discoveries. UC San Diego will use the money to spur research conducted by its Cooperative Alzheimer’s Disease Study, which is led by Howard Feldman, dean of Alzheimer’s disease research and professor of neuroscience at UC San Diego.
Medical school and a neurologist. The university will also use the funding for Alzheimer’s disease research in two areas – gene therapy for Alzheimer’s disease and a ‘powder for pennies’ program, which is designed to speed up drug and drug testing. existing or reused natural products for its treatment.
“With this extraordinary donation, Dan and Phyllis Epstein are making a significant investment in a brighter future for perhaps millions of Americans struggling with Alzheimer’s disease and those at risk of developing the disease in the years to come. By establishing this visionary collaboration between USC and UC San Diego, the Epsteins are forging a bond between two Alzheimer’s research powerhouses that has the potential to transform the landscape of treatment for this devastating disease,” the USC President Carol Folt and UC San Diego Chancellor Pradeep K. Khosla said in a joint statement.
The Epstein Family Foundation has also challenged USC and UC San Diego to raise donations to match the $50 million and double the funding.
“It’s only a matter of time before most people will see a family member develop dementia or Alzheimer’s disease, but there is no viable treatment beyond temporary measures to delay the onset,” Dan Epstein said. “If together we can double our initial investment, just imagine the impact we can have by creating real solutions for this condition.”
Dan Epstein, a graduate of USC, is the founder of the San Diego-based ConAm Group, which owns, develops and manages properties across the country. Phyllis Epstein serves on the boards of the San Diego Symphony and the Lawrence Family Jewish Community Center. She is also a board member of the USC Roski School of Art and Design and the USC Shoah Foundation – The Institute for Visual History and Education.
Both of the Epsteins’ children are also USC graduates.
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