Blackstone CEO Bid: Japan Stem Cell Research | $2.5M Offer

by Archynetys Economy Desk

Stephen Schwarzman‘s donation is first of its kind from a Wall Street giant

Blackstone CEO Stephen Schwarzman, left, and Kyoto University professor Shinya Yamanaka spoke with Nikkei on Oct. 15. (Photo by Kosuke Imamura)

YUTA SAITO

TOKYO — Blackstone CEO Stephen Schwarzman will contribute $2.5 million through fiscal 2027 to Kyoto University professor Shinya Yamanaka’s work on using induced pluripotent stem (iPS) cell technology to treat cancer, Schwarzman and Yamanaka told Nikkei on Wednesday.

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