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John W. Price, Jr., MD: Investing in the Future

A portrait of Dr. Price The Price Institute's founder, John W. Price, Jr., MD, was a surgeon, financier, and visionary. Dr. Price joined the faculty of the University of Louisville School of Medicine in 1908. His research in vascular surgery culminated in a paper he published in 1915 about arterial anastomoses.

He met with and was inspired by preeminent surgeons of his day, including the renowned Alexis Carrel, MD, a New Orleans vascular surgeon and Nobel Laureate, who pioneered an operative technique which became the early standard for vascular anastomosis known as the "Carrel suture."

Price was later influenced by his family's profession in finance. Ready for a new challenge, he ultimately gave up his surgical career to invest his talents in the financial sector. He believed in the promise of basic research and used his position as a successful financier in 1957 to establish a generous trust to attract the best and brightest surgical research fellows to the University of Louisville.

Since 1959, 29 outstanding surgeons-in-training from the United States and abroad have taken advantage of Price fellowships—conducting innovative research in areas such as surgical infection, digestive disease, and host defense abnormalities in trauma patients, among others.

The Price Institute also hosts visiting professors and Fulbright Scholars who come to brainstorm with colleagues, while learning the latest operative techniques and medical treatments for diseases affecting the surgical patient.

Investing in the future of young surgeons and the patients whom they serve is Price's enduring legacy.

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