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Viacom topper gifts $24M to USC

Funds to further prostate cancer research

Sumner Redstone, exec and majority shareholder of Viacom and Paramount, has given $24 million to USC’s Keck School of Medicine.

The gift specifically benefits Keck’s Dr. David Agus, who has been treating Redstone since the exec’s prostate cancer diagnosis. In addition to being a professor at USC, Agus is head of the Center for Applied Molecular Medicine and the Westside Prostate Cancer Center at the university.

“He quite literally saved my life, as he has done for many others,” said Redstone.

Agus’s research works to involve physicists and mathematicians to help develop new approaches to battling cancer.

“This tremendous philanthropic gift from Sumner allows our team to think outside the box,” Agus said. “He pushes us to be more entrepreneurial by focusing on incremental gains and taking risks.”

Redstone’s gift is just part of a larger $100 million pledge to fund initiatives within the U.S. and abroad. The gift will be awarded to Keck in increments over the next three years.

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