Previously he has donated $20 million to Stanford for the Lorry I. Lokey Laboratory Building, which houses research labs for the departments of Chemistry and Biological Sciences. He founded Business Wire, the international public relations wire service, in 1961. This furthers his commitment to biotech and stem cells and he is 81 years old. Stems cells down the road will have 
the capabilities to repair tissue and potentially organs in the not too distant future, bladders are already being grown thanks to recent R and D studies in this area. I like the comments made here as well, as we all can remember this controversy that took place in the recent past. We will have stem cell research of the finest in California. BD
“Lokey said the prospect of bringing top research talent to Stanford is far more meaningful to him than any worldly goods his money could buy. "I'm terribly disappointed in the current administration's outlook. It's very narrow-minded," he said. "This is about lives being saved."
Lorry I. Lokey, the Business Wire founder and philanthropist, is giving $75 million to the Stanford University School of Medicine to help build what is expected to be the nation's largest center for stem cell research, the medical school announced Oct. 6. Lokey's gift will help give rise to a 200,000-square-foot facility that will be known as the Lorry I. Lokey Stem Cell Research Building. The modern, four-story building along Campus Drive will house 350 scientists working together to capture the power of these cells in treating diseases as diverse as cancer, diabetes and heart disease. The school plans to break ground on the new laboratories at ceremonies on Oct. 27 and complete the building by the summer of 2010.
Lokey Gives 75 Million Dollars To Create Nation's Largest Stem Cell Research Center At Stanford
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