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October 21, 2019, 06:25:52 am
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Author Topic: OSU Center for Health Sciences - Endowment  (Read 422 times)
ELG4America
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« on: April 02, 2019, 08:56:38 am »

OSU Center for Health Sciences in Tulsa to receive $177.5 million endowment from the state of Oklahoma's $270 million settlement with Purdue Pharma and the Sackler family over downplaying the risks of prescription painkiller OxyContin. This could be a transformational cash injection for OSU CHS.

https://www.tulsaworld.com/news/settlement-could-be-transformative-for-osu-center-for-health-sciences/article_41623796-6ddf-54e7-a39f-e2279caacfb1.html

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brettakins
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« Reply #1 on: April 02, 2019, 09:56:35 am »

Where is the other $100 million going?
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SXSW
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« Reply #2 on: April 02, 2019, 11:16:53 am »

I saw this and agree this is good news for OSU-CHS, I wonder if they will need to construct a new building for this program.
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ELG4America
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« Reply #3 on: April 02, 2019, 01:01:00 pm »

Where is the other $100 million going?

Looks like the ~$177 million is the up front cash and Purdue and the Sacklers have pledged a further $20 Million/year for 5 years in cash and in-kind contributions of addiction treatment medicines like Naloxone. Not sure if those funds are going to OSU or the State.
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"TulsaNow's Mission is to help Tulsa become the most vibrant, diverse, sustainable and prosperous city of our size. We achieve this by focusing on the development of Tulsa's distinctive identity and economic growth around a dynamic, urban core, complemented by a constellation of livable, thriving communities."
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