City of Hope gets a boost from Ashley Furniture

City of Hope Building

A cure for Type 1 diabetes in six years is the new goal of City of Hope’s Diabetes and Metabolism Research Institute. Through the generosity of Ashley Furniture president and CEO Todd R. Wanek and others, the institution will be able to devote more than $50 million over the next six years to an innovative research effort that seeks to find a cure for T1D.

The family’s gift will establish the Wanek Family Project for Type 1 Diabetes at City of Hope.
City of Hope, which has a long and groundbreaking history in diabetes, conducted research that led to the development of synthetic human insulin by Arthur D. Riggs, Ph.D., in 1978. Insulin is still used today by an estimated 1.5 million Americans with type 1 diabetes, (T1D) and 27 million with type 2 diabetes (T2D).

The project will create a series of highly-focused programs based at City of Hope that will use an integrated approach to curing T1D, including immunotherapy approaches, as well as research into beta cell transplantation and preventing the body from rejecting those insulin secreting cells.

“City of Hope is best positioned to take on this challenge,” said Robert W. Stone, president and chief executive officer of City of Hope. “This is thanks to our 40-year institutional legacy of pioneering treatment and research advances in diabetes.

“City of Hope is extremely grateful for the Wanek family’s significant gift that will enable the institution to forward type 1 diabetes research, the results of which will have worldwide impact,” Stone added. “We invite others to join the Wanek family and City of Hope as we continue to move even closer to a cure for type 1 diabetes.”

“City of Hope scientists’ research has revolutionized the understanding and treatment of diabetes,” said Todd Wanek, CEO of Ashley Furniture, speaking on behalf of his family. “It continues today as physicians and scientists gain systemic understanding of diabetes as a complex, multifaceted disease.
“Our family is extremely confident that City of Hope is the institution that will find a cure for the more than 1 million Americans who battle type 1 diabetes disease every day,” Wanek said.

Wanek Family

See more:

Related Posts

Looking to grow your business? Look no further.
Becoming a member of the HFA has more benefits than we can list here. Click the button to learn more.
Trending In

HFA Solution Partners

Dovr_HFA Solution Partner

Brilliant® by Dovr Media rocks at digital sales for furniture retailers. We’re the best provider of

Big Commerce

Home furnishing brands on BigCommerce get everything they need to sell everywhere, online—with the freedom

Phelps Digital

“I want a full-time, experienced in-house digital marketing guru but I don’t want to pay

Dovr_HFA Solution Partner

Brilliant® by Dovr Media rocks at digital sales for furniture retailers. We’re the best provider of

Big Commerce

Home furnishing brands on BigCommerce get everything they need to sell everywhere, online—with the freedom

Phelps Digital

“I want a full-time, experienced in-house digital marketing guru but I don’t want to pay

Mosswood Recruiting HFA partner logo

Whatever business you are in, you know that hiring and keeping the right people has

Snap Finance Logo

Snap Finance helps furniture retailers reach their full sales potential by providing financing solutions for

Mosswood Recruiting HFA partner logo

Whatever business you are in, you know that hiring and keeping the right people has

Snap Finance Logo

Snap Finance helps furniture retailers reach their full sales potential by providing financing solutions for

Sign up for more!
From HFA events to the latest member news, get updates straight to your inbox.
Stay Informed and Up To Date
Subscribe now to elevate your store's success with expert tips and the latest trends delivered straight to your inbox.

Not an HFA member?

Don't miss out on all of our association benefits!