Sean Parker, the co-founder of Napster and Facebook’s first president, is funding the recently-created Parker Institute for Cancer Immunotherapy with a $250 million grant.
Announced on April 13, the grant aims to boost development of stronger cancer-fighting drugs while pulling together the top cancer centers, drugmakers, and other heads of the industry.
With a collaborative approach in mind, the Parker Institute was started back in July of 2015, hoping to create a sandbox effect among the top institutions; institutions such as: Memorial Sloan Kettering Cancer Center; Stanford Medicine; University of California, Los Angeles; University of California, San Francisco; University of Pennsylvania; and The University of Texas MD Anderson Cancer Center.
