Page 19 - October 2023 FOCUS Magazine
P. 19

THE MSU RESEARCH FOUNDATION is celebrating
        50 years of support for Michigan State University (MSU) and its growing leadership role in supporting
        an increasingly robust economic development ecosystem throughout the MSU and Greater Lansing
        communities as well as the entire state of Michigan.

        Through the past five decades, the MSU Research Foundation has worked hand-in-hand with Michigan State
        University to support innovative research, technology commercialization, the arts and economic development.
        The Research Foundation was formed in 1973 as an independent foundation chartered to promote, encourage,
        and aid scientific investigation and research at the university; assist with patent matters and perform trust
        functions for the university’s fundraising organization.

        Since 1973, The MSU Research Foundation has become a national leader in support for entrepreneurship and
        facilitating economic development through modern commercialization practices, venture creation activity and
        innovation partnerships at Michigan State University and across the state of Michigan.

        THE ORIGINS: MORE STABLE SUPPORT FOR HIGHER EDUCATION
         During the late 1960’s and early 1970’s, leaders in education across the country began to
            understand that financial support from state governments would not be enough to
               sustain higher education for the long-term. Michigan State University President
                  Dr. Clifton Wharton, Jr. was among those leaders and in early 1973, the Michigan
                     State University Foundation was established to “…bring into being a strong,
                       viable instrument to help serve the University and we were incorporated
                          in early 1973.”

                              Among the needs at Michigan State University in the early days
                                of the Foundation was for a new library and a performing arts   Wharton
                                  center. The Wharton Center for Performing Arts has since
                                    become a world class performing arts center and it was funded as a result of the
                                     Advancement Program spearheaded by Michigan State, with help from the
                                       newly created MSU Foundation.

                                         “That was the original purpose of the Foundation,
                                           to provide value added services to enhance the
                                            University’s advancement programs,” said
                                            David Washburn, executive director, MSU
                                             Research Foundation.

                                              One of the Foundation’s services to the
                                               university was to help with technology
                                               commercialization. A team led by Barnett
                                               Rosenberg discovered and developed             Washburn
                                               Cisplatin, which was approved by the FDA
                                               in 1979, resulting in one of the most prolific and impactful cancer
                                               therapeutics on the market, saving countless lives and enabling the
                                               establishment of an unrestricted endowment.

                                              “Cisplatin and Carboplatin had a dramatic impact,” said Washburn.
                                             “In addition to millions of lives saved, it generated millions of dollars in
                                            royalties over a 24-year period. That was what gave us the resources we
                                           have today to support MSU with annual grants as well as to operate all of
                                         our programs.”


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