The University of Southern California scored some major dough Monday.

Dr. Gary Michelson gave the university $50 million to fund the USC Michelson Center for Convergent Bioscience, reports the Daily Trojan.

The center will essentially research the meeting between bioscience and engineering, with the USC Viterbi School of Engineering and the USC Dornsife College of Letters, Arts and Sciences working together.

The Daily Trojan notes Michelson said, "The [Michelson Center] will converge research to produce real world breakthroughs in real time. This is going to be a grand adventure..."

For more information on this story, click here.