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Picasso funds research

THE University of Sydney is set to
scoop up AU$20.6m for scientific
research, after a Picasso painting,
Jeune fille endormie, given to the
uni by an anonymous donor
fetched £13.5 million at auction.
“The proceeds of the sale of the
Picasso will go to a wonderful
cause,” said Dr Michael Spence,
Vice-Chancellor of the University of
Sydney.
“They will create multiple endowed
chairs across several disciplines
within a new multidisciplinary
University centre dedicated to
research into obesity, diabetes and
cardiovascular disease,” he added.