NEW YORK (GenomeWeb) – Sanford-Burnham Medical Research Institute announced today that it has received a $100 million donation from real estate developer and philanthropist Conrad Prebys.

In recognition of the donation, the institute also said that it is changing its name to Sanford Burnham Prebys Medical Discovery Institute.

The institute said that the money would help support a 10-year strategic plan, unveiled in early 2014, that is designed to accelerate innovation by "aligning basic biomedical research, translational research, and drug discovery and development."

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