CMRI scientist receives $75k grant from Ramaciotti Foundations

11 Nov 2010

The Ramaciotti Foundations have awarded CMRI scientist Dr Rose Boutros with a $75,000 grant, enabling her to continue her outstanding biomedical research, at a gala dinner held on November 4.

Dr Boutros' research is aimed at understanding cell division and how its misregulation can result in cancer.

Dr Boutros said, "I am so pleased to have received the $75,000 grant from The Ramaciotti Foundations.  Receiving this grant will allow us to research how one key component of the pathway controls various aspects of cell division."

"This will lead to the development of new drugs that are more efficient at killing cancer cells without affecting normal cells, in turn providing increased lifespan and quality for patients."

The Ramaciotti Foundations - which are celebrating 40 years of funding biomedical research this year - awarded over $1.6 million to 24 recipients at the annual awards evening in Sydney.

Managed by Perpetual Trustee Company Limited, The Ramaciotti Foundations are now one of the largest private contributors to biomedical research in Australia, having granted more than $48.5 million to research projects since 1970.

Andrew Thomas, General Manager, Philanthropy, Perpetual said, "Forward-thinking philanthropists, Vera and Clive Ramaciotti, made a significant and lasting contribution to the Australian scientific community through their decision to create a charitable trust 40 years ago.  Since then, the Foundations have provided scientists with necessary funds for creative and cutting-edge medical research, which often struggles to attract funding from mainstream sources."

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