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Lottery to fund vision, GI cancer
center
The South Carolina Lottery Center of Economic Excellence Oversight
Committee Wednesday awarded $ 9.5 million in matching money for two new
research centers at MUSC. The funded proposals are in the areas of
vision research and gastrointestinal malignancy research.
Four and a half million dollars has been awarded to establish a Vision
Research Center, a collaborative effort between MUSC and the University
of South Carolina. The center’s mission is the utilization of
cutting-edge technology to discover and develop novel pharmaceutical
and gene-based therapies for the prevention and treatment of eye
diseases.
“Our center will focus primarily on eye diseases affecting people as
they age,” said Craig E. Crosson, Ph.D., project director and professor
and vice chairman for Ophthalmology Research at MUSC. “The risk of
developing eye diseases such as cataracts, glaucoma, age-related
macular degeneration and diabetic retinopathy increases with age.”
Studies estimate that 35 percent of individuals 65 to 74 years of age
will require cataract surgery, while in individuals 75 years of age or
older this risk increases to 65 percent. Recent studies have shown that
the risk of developing one of the retinal diseases such as glaucoma,
age-related macular degeneration and diabetic retinopathy is 45 percent
in individuals 65 years of age or older.
“The USC Department of Ophthalmology, in partnership with MUSC,
is enthusiastic about the opportunity to translate research advances
into drugs and devices,” said Richard Davis, M.D., professor and chair
of USC Department of Ophthalmology and director of education of
Palmetto Health Ophthalmology Residency Program. “This collaboration
will undoubtedly spur economic growth and improve the health of South
Carolinians and the nation’s health as well.”
The moneys will fund three endowed professors in the Vision Research
Center. Individuals to be recruited for these positions will be
actively engaged in identifying new therapies for diseases, such as
macular degeneration, glaucoma, diabetic retinopathy and retinitis
pigmentosa or will be will have expertise in the use of cutting-edge
bio-engineering and material sciences techniques to develop novel
products for improving surgical outcomes and drug delivery.
It is anticipated that during the first year, each of the senior
investigators hired for the professorships will bring a minimum of $1
million in annual research funding and employ a technical staff of at
least four individuals. It is also anticipated that the Vision Research
Center will serve as a center for new product and business developments
creating new jobs through the formation of new start-up
companies. Based on the history of the eye care industry, it is
expected that the intellectual property generated by each endowed
professorship will yield one to three licensing agreements, and that at
least two start-up companies will be created within four years.
Five million dollars has been awarded for the establishment of a Center
of Excellence in Gastrointestinal (GI) Malignancy. GI malignancies
(esophagus, stomach, colon and rectum) account for at least 12 percent
of cancer mortality, and South Carolina ranks fifth in the nation in
esophageal cancer mortality.
The initial emphasis will be on gastroesophageal malignancy, according
to Carolyn Reed, M.D., project director and deputy director of clinical
affairs of the Hollings Cancer Center. “These are serious cancers, with
almost uniformly poor prognoses, and are particularly burdensome on
minorities,” said Reed.
“MUSC is uniquely poised to overcome these challenges,” said Reed.
“There is a high incidence of esophageal cancer in South Carolina, and
we have a statewide referral base. In addition, we have nationally
recognized surgical and endoscopic ultrasonography expertise on
campus.”
The new center will concentrate on the development of clinical
diagnostic products and methods to monitor the response to treatment of
individuals suffering from gastrointestinal malignancies and improve
clinical practice. The individual to hold the endowed chair will be a
senior translational scientist with outstanding scholarship and
leadership skills. Because the ultimate goal is to include all of GI
malignancy in a multidisciplinary center, expand the liaison with the
specialized program in colon cancer at the University of South Carolina
and develop collaborative clinical and research endeavors in the
upstate, the individual must have a demonstrated record of ability to
develop collaborative relationships with other academic, community and
industrial affiliations.
The Spartanburg Regional Healthcare System, a partner in the project,
providing leadership in the upstate, has pledged a minimum of $2
million in matching funds.
“Spartanburg Regional and the Gibbs Regional Cancer Center are honored
to be a part of this important initiative,” said Ingo Angermeier,
president and CEO of Spartanburg Regional Healthcare System. “As
a leading teaching and research institution in the Upstate, we look
forward to partnering with both public and private sector organizations
to develop collaborative and clinical research endeavors for this
program.”
The center will not only secure additional research funding to MUSC,
but is expected to support at least one new private sector business or
raise patent licensing revenue directly related to the research.
Friday, July 8, 2005
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