Memphis, Tenn.-based St. Jude Children’s Research Hospital announced it will increase funding for its study and treatment of pediatric catastrophic diseases by $1.4 billion, bringing the total for its six-year strategic plan to $12.9 billion, Becker’s reports.
The expansion will also create 2,700 new jobs and double the hospital’s campus in the next decade. It is the largest expansion in the hospital’s history.
Additionally, the expansion allows for increased global treatment for “low- and middle-income countries.” The hospital found that children in these areas have a cancer survival rate of under 20 percent, whereas 80 percent of U.S. children with the same conditions are able to be cured. Read more.
