U-M Medical School scores $63M research grant

Federal grants going to the University of Michigan are getting bigger and bigger these days. The latest measures in at eight figures. That's more money than you'll probably make in your lifetime.

Excerpt:

The University of Michigan Medical School set a new record for research grants, earning $63 million from the National Cancer Institute.

The cash will go toward the Southwest Oncology Group over the next six years to fund cancer treatment research at the clinical research cooperative group, which is based out of the university's medical school. The annual award represents a little more than 20 percent of the group's $48 million annual established budget.

"It lets the group go forward from where it is," says Frank DeSanto, community manager for the Southwest Oncology Group. "It maintains the group's jobs."

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U-M Medical School scores $63M research grant

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