Couple donates $5M to U-Va. for diabetes research

A couple with a record of philanthropy has donated $5 million to fund diabetes research at the University of Virginia Health System.

The gift by Paul and Diane Manning comes on top of nearly $3 million they've donated to the university in recent years.

Paul Manning, whose two children have diabetes, says he thinks the health system has the best shot in the country of ultimately discovering a cure for Type I diabetes.

Manning is the chief executive officer of PBM Products in Gordonsville, which markets and distributes baby formula to more than 20,000 retail locations.