It is licensing the method from the Italian charity Fondazione Telethon and Fondazione San Raffaele for 10 million euros plus milestones.

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McDonnell pointed to the Democratic Party's role in placing the chairman, Giuseppi Mussari, through the bank's largest shareholder, Fondazione Monte dei Paschi di Siena.

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He has had solo exhibitions at the Moderna Museet in Sweden, Fondazione Prada in Milan, Kunsthaus Bregenz in Austria and the Hamburger Bahnhof in Berlin.

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Relative newcomer Prada, on the other hand, is going public: The company's art arm, the Fondazione Prada, has enlisted architect Rem Koolhaas to design a new contemporary art museum on an industrial site south of Milan.

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