Billionaire Chuck Feeney donation will promote biomedical research in Australia.
American billionaire Chuck Feeney is donating a massive chunk of his fortune to ensure Queensland remains at the cutting edge of biomedical research. The state’s growing reputation as a health and medical research hub received a significant boost yesterday when Mr Feeney pledged more than $100 million to help fund three major new research institutes. The donation, the largest by a single philanthropic organisation in Australian history, is likely to lead to a rush of new medical research in Queensland and also attract more internationally renowned scientists to Brisbane. – From Courier Mail