Taiwanese billionaire Samuel Yin has given $12.8 million to The Scripps Research Institute (TSRI) to help build a major laboratory complex.

The philanthropist’s gift is being matched by a previous challenge grant from an anonymous donor, bringing the total in private donations for the project to more than $25 million.

The new state-of-the-art building complex will help consolidate research labs on the La Jolla campus, encourage collaboration among the institute's scientists and strengthen ongoing programs at the intersection of biology and chemistry, according to a TSRI news release.

This is the third gift TSRI has received in the past two years from Yin, a 65-year-old philanthropist and businessman who has now donated a total of roughly $18 million.

At Yin’s request, the institute will designate one of the future new buildings the “Chi-Huey Wong Chemical Biology Laboratory” to honor Chi-Huey Wong, professor of chemistry at TSRI and president of Academic Sinica, an academic institution in Taiwan.