Joint research project to link Haifa with Toronto

A group of donors led by the world's second-richest man, Warren Buffett, got together in Toronto to create a joint project to build bio-med facilities at Rambam and at the Toronto University Hospital.

By MIRIAM BULWAR DAVID-HAY
October 25, 2007 10:16

As well as gaining a new children's hospital thanks to a generous donation by Israeli philanthropist Ruth Rappaport, the Rambam medical center in Haifa will now get a new bio-medical research tower in a special project that will link it with the Canadian city of Toronto, reports Yediot Haifa. A group of donors led by the world's second-richest man, Warren Buffett, and by wealthy Israeli businessman Eitan Wertheimer got together in Toronto last week to create a joint project to build bio-medical research facilities at Rambam and at the Toronto University Hospital, providing $2 million to each institution to create linked towers on opposite sides of the globe. According to the report, the group of donors, said to be from Canada's "business and medical elite," paid $25,000 each at a special dinner to raise a total of $4 million for the project. Buffett, who arrived at the dinner in his private plane, made headlines last year when he paid $4 billion to buy 80 percent of the Wertheimer family's Iscar company without even visiting Israel to see the firm's headquarters. It was Buffett's first investment outside the US.


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