Houston Future Home to $500 Million Cancer Research Center
by: Laurie Johnson, September 13, 2005 12:09:00 am
The new center will encompass six research departments focused on the most promising areas of cancer research, including molecular medicine, proton therapy and genomics. The Red and Charline McCombs Institute for the Early Detection and Treatment of Cancer is under construction at the corner of Fannin and Old Spanish Trail. Red McCombs says he committed $30 million to the project because he believes research like this can eradicate the disease.
Most of the funding, $400 million, will come from M.D. Anderson, the State of Texas, the City of Houston and corporate sponsors. The remaining $100 million will come from private donations. More than half that amount has already been raised. Charline McCombs says she and her husband are humbled by the chance to be involved.
About 25 percent of M.D. Anderson's research will take place in the McCombs Institute. Parts of the Institute are already in use, the entire facility is scheduled for completion in 2008.