Ray Dolby Donates Millions to Fund Stem Cell Research – The University of California San Francisco reported today that they have received a 20 million dollar donation from Ray Dolby, founder of Dolby Laboratories. (aka Dolby sound) This is the second large donation made by Dolby to UCSF for stem cells, as in 2006 he and his wife donated $16 million to launch a $123M fund raising campaign for the same stem cell building.
The new stem cell research building will be named the Dolby Regeneration Medicine Building, and is set to open its doors next week. (February 9th) The building will be the headquarters of UCSF’s stem cell research.
Stem Cell Donors: Dolby is one of several prominent wealthy individuals to donate to stem cell research. Others include Michael Bloomberg, Larry Ellison (founder of Oracle), Bill Gates, and Michael J Fox.