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‘We’re ready to move forward’: University of Utah and Huntsman family reach new agreement over cancer institute

Following months of occasionally-tense negotiations, the University of Utah Board of Trustees on Thursday approved a new memorandum of understanding outlining operations, fundraising and governance of the Huntsman Cancer Institute in Salt Lake City.

The agreement has already been endorsed by the Huntsman family, according to university representatives, making Thursday’s vote the final step in establishing the shared roles of U. Health Care and the Huntsman Cancer Foundation in overseeing research and patient care, as well as the sharing of revenue and resources, for the cancer institute.

“We’re ready to move forward,” said A. Lorris Betz, interim CEO of U.