A $25 million gift from the Moody Foundation to the University of Texas Medical Branch will boost neuroscience research to advance treatments for Alzheimer’s and mental health, establishing UTMB as a global leader in brain health initiatives.
The Moody Foundation has provided the University of Texas Medical Branch (UTMB) with a $25 million donation to support the development of cutting-edge neuroscience research. This donation establishes the Galveston Institution as a leader in global health initiatives. UTMB officials have stated that this substantial donation will facilitate the advancement of mental health treatment and stimulate research into neurological conditions such as Alzheimer's disease.
The funding is intended to expedite the investigation of prevalent and complex brain conditions, with an emphasis on the advancement of innovative therapies and the enhancement of patient outcomes. The Moody Foundation's gift will enable UTMB researchers to make significant progress in the understanding and treatment of mental health disorders, as well as neurodegenerative diseases that affect millions worldwide, by prioritizing the study of the brain's structure and function.
Dr. Ben Raimer, the President of UTMB, underscored that the donation would allow the university to advance initiatives that could significantly enhance scientific comprehension and patient care. Raimer declared, "This generous support establishes UTMB at the forefront of neuroscience research, with the potential to transform lives on a global scale."
The foundation's dedication to the advancement of healthcare research and the promotion of mental health is emphasized by its support of UTMB. UTMB aspires to provide new treatment options and hope to those afflicted by neurological conditions, in addition to contributing to the global neuroscience community through this partnership.
Texas Gas Service residential customers in Galveston will see a monthly rate increase beginning in June. The new charge will add $3.36 to each bill, affecting all residential customers on the island.
Galveston LNG Bunker Port LLC (GLBP) has signed a supply agreement with Dunmura Ltd., a U.K.-based LNG bunkering specialist, to provide liquefied natural gas (LNG) from GLBP’s proposed liquefaction facility in Texas City. The deal supports the growing demand for LNG as a marine fuel, with bunker deliveries expected to begin in 2027.