Simplify the following text for a Grade 13 native English-speaking person.
Original: Ohio State also announced in 2006 , that it would be designating at least $ 110 million of its research efforts to what it termed `` fundamental concerns '' such as research towards a cure for cancer , renewable energy sources and sustainable drinking water supplies .
Simplified: Ohio State is using over $ 110 million to research important issues , such as research to find a cure for cancer , renewable energy sources , and sustainable drinking water supplies .