Tech billionaire Sean Parker has donated a $250 million grant to support research on new innovations to address cancer treatment through immunotherapy.

Parker, who founded music-sharing service Napster, will establish an immunotherapy centre with this money, in partnership with other cancer research institutes in the US.

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The proposed Parker Institute for Cancer Immunotherapy will collaborate with over 40 laboratories and 300 renowned researchers and immunologists hail from all over the world.

"We are at an modulation point in cancer research and now it is the perfect time to maximise immunotherapy's exclusive potential to transmute all cancers into manageable diseases, saving millions of lives," said Parker, who also established the Parker Foundation in 2015.

The establishment of a new grant can help overcome many of the difficulties that currently averts research innovations. The Parker Institute is placed to broadly disseminate discoveries as it will work closely with lead scientists in the field and with more than 40 industry partners.

University of California-San Francisco scientist Jeffrey Bluestone will lead this centre. He was also named in a committee to help guide the "moonshot" cancer initiative announced this year by Vice President Joe Biden.

Parker is following in the steps of Bill and Melinda Gates, who are harnessing their effort to tackle malaria globally. Parker has revealed that he was affected by the death of Laura Ziskin, a film producer and fiend, who died of breast cancer almost 3 years ago.

TagsSean Parker, Cancer treatment, Charity Donation