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Tuesday, private equity mogul Jonathan Gray and his wife Mindy announced $ 25 million in research funding for pernicious genetic mutations that can lead to bad and ovarian cancer. The donation comes after the couple spent $ 55 million over the last seven years at the University of Pennsylvania's Bbader Center for BRCA, the world's largest center for the study of BRCA gene mutations. The grants will be spread among seven research teams around the world and will allow the couple to make philanthropic donations for life. more than 175 million dollars – more than $ 100 million in BRCA research.
"It reminds me of the investments, in which you are a very convinced investor," says Jon Gray, who has made himself known as the real estate baron in Blackstone and has been promoted to co-founder. Steve SchwarzmanHe is number 2 as director of operations in 2018. "You believe in a theme, I believe in global logistics, or intermediate badets, or whatever, and I find an excellent management team who is closely interested in this. "
Identified in the mid-1990s, mutations in the BRCA1 and BRCA2 genes may result in significantly higher rates of bad and ovarian cancer in women, as well as a higher risk of prostate cancer and pancreas. While the average woman has a 12% and 1.3% chance of developing bad and ovarian cancer respectively, harmful mutations in the BRCA gene increase the chances of reaching 72% and 44%, according to National Cancer Institute. Although bad cancer can be screened by mammography and MRI, ovarian cancer tests and prevention remain elusive and the disease often goes unnoticed until its advanced stages. & Nbsp;
"There is no way to look at ovarian cancer unless you open a woman's body," says Mindy Gray. "For a young woman, having to remove your ovaries as a prophylactic is very emotional and has implications as you enter menopause immediately." & Nbsp;
Some women with defective BRCA genes have taken a very proactive approach. The actress Angelina Jolie, who inherited these genetic mutations, made waves in 2013 to announce that she had undergone a double preventive mastectomy to reduce the risk of bad cancer. she removed her ovaries two years later.
The Grays seek to change the landscape with their latest research grants. They believe that cancers badociated with BRCA cancers can be significantly reduced through advanced tests that detect the disease before the cancer is formed. Their journey began in 2000, when Mindy's sister, Faith Bbader, was diagnosed with ovarian cancer. & Nbsp; She died of the disease two years later at the age of 44. & Nbsp;
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On Tuesday, private equity tycoon Jonathan Gray and his wife Mindy announced $ 25 million in funding for research into pernicious genetic mutations that can lead to bad and ovarian cancer. The donation comes after the couple spent $ 55 million over the last seven years at the University of Pennsylvania's Bbader Center for BRCA, the world's largest center for the study of BRCA gene mutations. Grants will be spread across seven research teams around the world and will bring lifetime philanthropic donations to more than $ 175 million, including more than $ 100 million in BRCA research.
"It reminds me of investments, where you are a high conviction investor," says Jon Gray, who has made himself known as a real estate baron in Blackstone. In a theme, I believe in global logistics, or intermediate badets, or whatever, and I find an excellent management team and I am pbadionate about it. "
Identified in the mid-1990s, mutations in the BRCA1 and BRCA2 genes may result in significantly higher rates of bad and ovarian cancer in women, as well as a higher risk of prostate cancer and pancreas. While the average woman has a 12% and 1.3% chance of developing bad and ovarian cancer respectively, harmful mutations in the BRCA gene increase the chances of reaching 72% and 44%, according to National Cancer Institute. Although bad cancer can be screened by mammography and MRI, ovarian cancer tests and prevention remain elusive and the disease often goes unnoticed until its final stages.
"There is no way to look at ovarian cancer unless you open a woman's body," says Mindy Gray. "For a young woman, having to remove your ovaries prophylactically is very moving and also has implications because you enter menopause immediately.
Some women with defective BRCA genes have taken a very proactive approach. The actress Angelina Jolie, who inherited these genetic mutations, made waves in 2013 to announce that she had undergone a double preventive mastectomy to reduce the risk of bad cancer. she removed her ovaries two years later.
The Grays seek to change the landscape with their latest research grants. They believe that cancers badociated with BRCA cancers can be significantly reduced through advanced tests that detect the disease before the cancer is formed. Their journey began in 2000, when Mindy's sister, Faith Bbader, was diagnosed with ovarian cancer. She died of the disease two years later at the age of 44.
