FOR IMMEDIATE RELEASE
April 26, 2017
Media Contact: Amy Scarlett, Fineman PR
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Taube Philanthropies Announces $3 Million Gift to Stanford Medicine and Gladstone Institutes for Huntington’s Disease Research
SAN FRANCISCO – Taube Philanthropies announced it will donate $3 million to support a collaboration between Stanford University School of Medicine and the Gladstone Institutes focused on research related to Huntington’s disease.
The donation will support an innovative program with three leading medical research groups and, for the first time, will introduce gene editing and stem cell therapies to effect treatments and, eventually, a potential cure for Huntington’s disease. Researchers Matthew Porteus, MD, Ph.D., associate professor of pediatrics at Stanford School of Medicine; Frank Longo, MD, Ph.D., professor of neurology at Stanford School of Medicine; and Steve Finkbeiner, MD, Ph.D., director of the Gladstone Institutes’ Taube-Koret Center for Neurodegenerative Disease Research, will collaborate with clinical efforts at the UCSF Memory and Aging Center, under the direction of Bruce Miller, MD, Ph.D. Harvey Cohen, MD, Ph.D., professor of pediatrics at Stanford School of Medicine, organized the team of researchers and Dr. Porteus will lead the collaborative effort.
“Huntington’s disease is a cruel genetic disorder that robs its victims of physical and mental control,” said Tad Taube, founder and chairman of Taube Philanthropies. “The time and research that Stanford, UCSF and Gladstone Institutes have committed to this cause is remarkable. I am proud to play a contributing role in the important research being conducted at these institutions and look forward to results that have the potential to transform the lives of Huntington’s disease patients.”
Huntington’s disease is a genetic neurodegenerative disease that causes the progressive breakdown of nerve cells in the brain. It deteriorates a person’s physical and mental abilities, eventually leading to premature death. There is no cure or approved drugs to slow the progression of the disorder. Huntington’s disease belongs to a family of neurodegenerative diseases that includes Alzheimer’s, Parkinson’s and ALS. Today, there are approximately 30,000 symptomatic Americans and more than 200,000 at-risk of inheriting the disease.
“We have made considerable progress in advancing drug therapy developments for patients with neurodegenerative diseases since Taube Philanthropies started supporting my research, nearly a decade ago,” said Dr. Finkbeiner. “With this renewed commitment and concerted approach focusing on Huntington’s disease, I am optimistic that we will continue advancing toward our research goals.”
The $3 million donation is a continuation of Taube Philanthropies’ dedication to finding treatments and cures for neurodegenerative diseases. Over the last 12 years, the organization has donated over $5 million to Gladstone Institutes and $1 million to the Stanford University School of Medicine for related research. Taube Philanthropies started funding Huntington’s disease research under the direction of Nobel laureate Dr. Stanley Prusiner at UCSF’s department of neurology.
“We have been working to develop similar therapies for neurodegenerative diseases for many years with some promising results,” said Dr. Porteus. “Employing the latest technology, including CRISPR/Cas9 – a powerful new tool that enables scientists to make precise genome edits – I believe we have the opportunity to make great strides toward developing a therapy specifically for Huntington’s disease.”
The gift will be distributed to the researchers in annual increments through 2021 to account for the long-term process of translating scientific insights into clinical trials and applications. The collaborative research project will execute a multi-year program to develop genetic therapy for the disease. Stanford is engaged in cutting-edge stem cell research and hopes to begin conducting clinical trials with Huntington’s patients soon.
“Having studied Alzheimer’s for many years, I am all too familiar with the devastating effects of neurodegenerative diseases,” said Dr. Longo. “As researchers with different area specialties convene for this unique joint project, I am optimistic about our capacity to come even closer to finding treatments and cures for these degenerative conditions.”
Until recently, there was a lack of substantive funding for meaningful research into Huntington’s disease. Due to the progress made in the fields of these renowned researchers, significant new federal funding has become available and major pharmaceutical companies have started funding research to develop possible medications. However, collaborative efforts still rely on contributions from generous individuals and private foundations.
About Taube Philanthropies
For more than 30 years, Taube Philanthropies has been a leader in supporting diverse educational, cultural and community organizations in the San Francisco Bay Area, Poland and Israel. Founded by businessman and philanthropist Tad Taube in 1981, the organization works to ensure that free citizens have the full opportunity for advancement of their goals and dreams. Taube Philanthropies has contributed to many organizations, including the Commonwealth Club of California, the Bay Lights, the San Francisco Opera, Touchdowns for Kids, Hoops for Kids, Goals for Kids, the Exploratorium, Stanford University, University of San Francisco, Notre Dame de Namur University, the Magnes Collection of Jewish Art and Life at UC Berkeley, the Contemporary Jewish Museum, and all six Bay Area Jewish Community Centers. For more information, visit www.taubephilanthropies.org.