Rhode Island Science and Technology Advisory Council (STAC)

Making Innovation Central to Rhode Island's Future Gina M. Raimondo, Governor

RIH Receives $15M to Create Neurosciences Institute

Published on August 10, 2010

Rhode Island Hospital will create and support a neurosciences institute through a $15 million gift they received from the Frederick Henry Prince 1932 Trust.  This is the largest gift the hospital has received since its inception in 1853 and will honor the late Norman Prince, who died from brain trauma while fighting in World War I

??This extremely generous gift will allow Rhode Island Hospital to launch an institute that will combine clinical and research efforts in neurosurgery, neurology and psychiatry.  Rhode Island Hospital is uniquely positioned to do so, as it is the only hospital in the state with all three areas of expertise,? said Timothy J. Babineau, MD, President and Chief Executive Officer of Rhode Island Hospital and the Miriam Hospital.  ??This incredible opportunity will benefit all of Rhode Island.  The new institute will be a catalyst for the neurosciences and for economic development in our knowledge-based economy.?

The Rhode Island Science and Technology Infrastructure Plan identified life sciences as a huge growth sector which, as predicted by the Milken Institute, is expected to triple by 2014.  As suggested in the plan, the Norman Prince Neurosciences Institute will allow for more collaboration among the life science disciplines, while increasing the opportunity to conduct necessary translational research to better treat those with neurological disorders.

Read the Providence Journal article here

Read the Rhode Island Hospital press release here

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