Morgan Stanley, the leading global financial services firm, today
pledged a £10 million contribution towards the construction of the
Morgan Stanley Clinical Building within a new children’s medical centre
at Great Ormond Street Hospital. This contribution is the largest
corporate donation made in the history of the hospital.
Ormond Street Hospital specialises in rare, complex and life threatening
conditions in children and is recognised as one of the world’s leading
children’s hospitals. However, many wards and units are cramped,
outdated and unsuitable for today’s modern medicine and equipment;
making conditions difficult for children, their families and staff.
Morgan Stanley Clinical Building, due to open in 2011, will include a
new heart and lung centre, neurosciences and nephrology unit. The
hospital will remain the largest centre for children with cardiac,
neurological and kidney problems in the UK.
The building will form
part of Great Ormond Street Hospital’s major redevelopment plan, which
aims to rebuild two thirds of the hospital site. The hospital needs to
raise £170 million over the next five years to rebuild the hospital.
Jane Collins, Chief Executive of Great Ormond Street Hospital says,
“Everyone at the hospital is very grateful to Morgan Stanley for this
significant contribution to the appeal which will make a huge difference
to children and their families directly. Without these vital funds
Great Ormond Street Hospital would not be able to offer the same
specialist treatment and services and continue the level of pioneering
research that has led to so many new advances for children both in the
UK and across the world.”
Walid Chammah, Chairman of Morgan
Stanley International, says, “We are delighted to have this opportunity
to create a lasting legacy of which we can all be proud. For more than
30 years, Morgan Stanley has invested in pediatric care innovation and
the Morgan Stanley Clinical Building will give the children, families
and staff at Great Ormond Street Hospital what they deserve most – world
class facilities to match its already world class care.“
organisations share a vision to be ‘best in class’ and use innovation in
their respective fields to deliver world class services.
For media enquiries, please contact:
Press Office, Great Ormond Street Hospital Children’s Charity
020 7239 3039