A Medical Device Daily

The Barbara Ann Karmanos Cancer Institute (Detroit) reported it received a $3 million grant from the Herrick Foundation (also Detroit). The initial gift of $1 million launches The Herrick Foundation Cancer Research Challenge, a special initiative to increase research funding at the Karmanos Cancer Institute over the next four years. The additional commitment of $2 million will be given in match funding. For every dollar Karmanos raises for cancer research beginning Oct. 1, 2009, the Herrick Foundation will match dollar-for-dollar up to $500,000 per year, over the next four years.

The Herrick Foundation grant and the matching dollars will fund key research initiatives in the five areas below:

• Karmanos' National Oncogenomics and Molecular Imaging Center

• Pediatric Leukemia

• Lung Cancer

• New Imaging Technologies for Cancer Detection and Treatment, and

• Prostate Cancer

"The Herrick Foundation is encouraged by the tremendous progress in cancer research. More people are surviving a cancer diagnosis than ever before," said Todd Herrick, president of the Herrick Foundation. "However, too many still succumb to this disease. Supporting scientific research is critical to provide new hope and an eventual cure for our loved ones and friends."