Mass. man pledges $100M for AIDS vaccine research

BOSTON (AP) -- A Massachusetts businessman is pledging $100 million to create a new institute that will search for vaccines for AIDS and other diseases.

Phillip T. Ragon is scheduled to announce the gift to Massachusetts General Hospital on Wednesday.

The hospital will get $10 million a year for the next decade to bring together doctors, engineers and biologists from Mass. General, Harvard University and the Massachusetts Institute of Technology.

The 59-year-old Ragon is the founder and owner of Cambridge-based database software company InterSystems Corp.

The Boston Globe says Ragon decided to create the Phillip T. and Susan M. Ragon Institute after witnessing the plight of AIDS patients in South Africa.

(Copyright 2009 by The Associated Press. All Rights Reserved.)


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to webmaster@wvlt-tv.com. Please provide detailed information.

powered by Disqus

WVLT VOLUNTEER TV

6450 Papermill Drive Knoxville, TN 37919 Phone - (865) 450-8888; Fax - (865) 450-8869
Copyright © 2014 WVLT-TV Inc. - Designed by Gray Digital Media - Powered by Clickability 38999047 - local8now.com/a?a=38999047
Gray Television, Inc.