IU awarding $300 million in Grand Challenges Program

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Indiana University is starting to award $300 million as part of its largest ever health initiative.

The Grand Challenges Program is designed to improve the education, health, economy and quality of life of the people of Indiana.

"What we are boldly declaring with this Precision Health Initiative is over the next ten years we will cure at least one cancer.  We will cure at least one childhood disease and we will create prevention methods for at least one chronic disease," said Anantha Shekhar, IU Associate Dean for Research.

The Precision Health Initiative will receive as much as $40 million from the Grand Challenges Program and an additional $80 million from the IU School of Medicine. That money will be used to hire more faculty members and facilities will be built to help with the research.