Urban developer and philanthropist, Omar Boraie pledges $1.50 million to the Rutgers Cancer Institute, a research & development institution, in N.J. The pledge was made to meet the ’18 Chair Challenge Campaign initiated by a donor who encourages other donors to match $1.5 million. Mr. Boraie made his contribution in 2015 and holds the Endowment Chair to support the institution and further advance precision medicine. He is hoping that others are inspired to support the institute and join the campaign as he was to help cancer patients. The challenge is for a good cause and expected to provide millions of patients alternatives for genomic science treatments and diagnosis.
Omar Boraie has years of involvement in cancer research and experience in chemistry, based on a report issued by Newswise News, in October 2015.The Chair at Rutgers Cancer Institute represents the standard of higher education and the commitment of the institution and university. New Jersey State University is part of the institute and the state’s only national institution inclusive cancer center. Boraie Development LLC, a property management company and developer of residential and commercial real estate helped to develop the healthcare community in New Brunswick.
Rutgers Cancer Institute will use all proceeds donated to the ’18 Chair Challenge to support the advancement of precision medicine. The medical treatment involves analytical study of the patient’s genetics and treating tumors based on result from genetic testing. It provides oncologists with the ability to prescribe therapies for cancer patients that meets individual needs. The much-needed alternative treatment is good news to patients who are experiencing non-responsive cancers and need a different medicine approach. Omar Boraie is hoping the Boraie Family’s pledge exceeds the expectation of the ’18 Chair Challenge Campaign and fulfil the mission of the institution.
The vision Omar Boraie had for New Brunswick for more than 35 years (http://www.njbiz.com/article/20141230/NJBIZ01/141239989/the-visionary-omar-boraie-has-seen-the-potential-of-new-brunswick-for-four-decades) after moving from Egypt to the United States is now reality. He has overseen the family owned company for decades and serves as the President of Boraie Development. With his sons, Waseem and Sam Boraie serving as Co-presidents, the real estate development and management firm successfully completed The Aspire project. According to Bloomberg.com, the luxury building is adjacent to the Children’s Cancer Institute and was built to attract nurses, doctors, specialists, professors, and teachers. Mr. Boraie ties to the New Brunswick Downtown community extends to support for research & development and providing luxury accommodations to professionals.