Lilly Endowment Gives $60 Million to IU Medical School

A $60 million Lilly Endowment grant being given to the Indiana University School of Medicine will help the school recruit twenty scientists.

Indiana University Medical School

Photo: Emily Loftis

A research building at the Indiana University Medical School in Indianapolis.

A $60 million Lilly Endowment grant being given to the Indiana University School of Medicine will help the school recruit twenty scientists. Dean of IU’s School of Medicine Craig Brater says the new recruits will be a bridge between the clinic and the laboratory.

“So this sixty-million dollar grant is going to help us train and recruit and retain physicians that wish to excel not only in the clinic, but also in the laboratory.  So they will be partners with other physicians and they will be partners with their basic science colleagues in the lab.  And they will be this bridge between the two.”

About $37 million of the translational research grant will recruit physician-scientists who focus mainly on cancer, neurosciences, diabetes and other vascular diseases.  $10 million of the grant will go to boost the Medical Scientist Training Program. Another $6 million will fund the Indiana Biobank, which houses tissues used to draw connections between genetics and disease.

Brater says bringing in top thinkers often has a dual effect – better research and more money flowing in with which to conduct it.

“These physician-scientists historically are very good at getting competitive grants.  Well, that’s new money coming into Indiana that could have gone to Boston or San Francisco or San Diego or what have you.”

Brater says there is also an intention of creating new pharmaceuticals and medical devices, which could fuel job creation for the area as well.

“The other thing is that these are the kinds of people who are making discoveries in their laboratory that have the possibility of becoming an effective drug or an effective device.”

Over the past three decades, The Lilly Endowment has given $600 million in funding to the IU School of Medicine.

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