21 November 2023
Snow Centre for Immune Health receives $100m investment from billionaire Snow family
by Robyn Riley
One of the largest philanthropic donations in Australian history will fund a world-first immunology research centre in Melbourne, driving new treatments for diseases such as asthma, allergies and arthritis.
Melbourne is set to become a world leader in the treatment of diseases including asthma, allergies and arthritis thanks to a $100m investment to help to revolutionise immunology research globally.
The pledge – one of the largest philanthropic investments in Australian history – will fund a new research centre, employing more than 50 scientists and staff, and become a major contributor to the Melbourne Biomedical Precinct.
The Snow Centre for Immune Health, announced on Tuesday, is a partnership between the Snow Medical Research Foundation, WEHI and the Royal Melbourne Hospital.
This foundation was created by the Canberra-based Snow family through the vision of billionaire businessman and philanthropist Terry Snow.