The Ramaciotti Foundations, a philanthropic trust managed by Perpetual, last night announced the recipients of the annual Ramaciotti Awards for biomedical research.
The main award of $1 million went to the Centenary Institute's Cytometry research program, with the $50,000 Medal for Excellence going to Professor Douglas Hilton for his discoveries in blood cell production.
Also announced were 17 Equipment and Establishment grant recipients of up to $75,000 each, totalling over $1.2 million.
Perpetual's head of philanthropic services Andrew Thomas said: "This year's winners join an honour board of outstanding individuals and institutions pioneering vital frontiers for medical research.
"It is important to reflect how these people and projects have benefited from the foresight and conviction of Vera Ramaciotti who, since establishing the charitable trusts in 1970 with $6.7 million, through the Ramaciotti Foundations, has enabled over $52.5 million to be granted to biomedical research, with another $52 million invested for future contributions.
Founded in 1971, the Ramaciotti Foundations' combined capital today stands at $52 million. The Ramaciotti Awards have provided grants in the fields of molecular biology, genetics and immunology
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