Donation from Philip Morris to be used for research to fight smoking, related ailments
Jump to full article: Richmond (VA) Times-Dispatch, 2007-02-10
Author: CARLOS SANTOS TIMES-DISPATCH STAFF WRITER
Intro: Philip Morris USA has given $25 million to U.Va., the bulk of which will be used for research into preventing youth smoking and in reducing the harm caused by smoking.
University of Virginia officials announced the gift -- part of its $3 billion fundraising efforts -- yesterday at the Rotunda.
"The gift supports research that may ultimately prevent or cure addictions and serious diseases, such as lung cancer, heart disease and emphysema," said U.Va. President John T. Casteen III.
"Faculty researchers here are engaged in ground-breaking molecular research aimed at identifying the genes that make certain people susceptible to chemical and nicotine dependencies. . . . This generous gift will provide the means to continue that research and expand on it."
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Quotes from this article:
[Cigarette smoking] is a declining business and has been for some time. . . . We're leading the company into other adjacent areas.
Michael E. Szymanczyk, chairman and CEO of Philip Morris USA, on its $25M research grant to the University of Virginia.
Regardless of the economic impact, we cannot ignore the fact that cigarette smoking is addictive and causes serious diseases.
Michael E. Szymanczyk, chairman and CEO of Philip Morris USA, on its $25M research grant to the University of Virginia.
The gift supports research that may ultimately prevent or cure addictions and serious diseases, such as lung cancer, heart disease and emphysema. Faculty researchers here are engaged in ground-breaking molecular research aimed at identifying the genes that make certain people susceptible to chemical and nicotine dependencies. . . . This generous gift will provide the means to continue that research and expand on it.
University of Virginia President John T. Casteen III, on Philip Morris' $25M research grant.
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