Hewlett Packard on Monday announced of its decision to donate $25 million to a Stanford based children's hospital.
The Lucile Packard Children Hospital, named after the late wife of Hewlett Packard co-founder David Packard, will be receiving this hefty amount along with the company’s analytical solutions in order to ensure a massive expansion as well as to carry out new researches.
HP will be offering the promised $25 million within a span of 10 years, it revealed.
Christopher Dawes, Lucile Packard Children’s Hospital president and CEO stated in a press release.
“Our partnership with HP has already succeeded in translating research discoveries into more effective clinical care, and we are thrilled to have their investment as we build new facilities to provide for future generations of children and expectant mothers”.
“HP’s generous commitment will bring tremendous resources to bear on the future of children’s healthcare,” Dawes added.
The same press release saw HP President and Chief Executive Officer Léo Apotheker saying that both his company as well as the LPCH have a common objective in between them - to make sure that “children and families continue to receive the most advanced and innovative care.”