Home Charity association New health network launched Advancium, an independent health care charity | News

New health network launched Advancium, an independent health care charity | News


NEW YORK–(BUSINESS WIRE)–February 15, 2022–

Deerfield Management and the Deerfield Foundation today announced the formation of Advancium Health Network, an independent charity. Its mission is to advance human equity through innovation and education by bringing together diverse thought leaders, entrepreneurs, and mission-driven problem solvers to create remedies and solutions that would not be favored by a lens. commercial.

To fulfill its mission, Advancium takes a two-pronged approach:

  • Advance projects in areas where the need is compelling, but the commercial viability is questionable
  • Educate populations to engage diverse thought leadership in health care and investment

“Advancium Health Network can and will make a significant difference in addressing some of today’s most pressing health challenges that may otherwise go unsolved,” said James Flynn, Managing Partner, Deerfield Management and Founder of Cure. “There are critical innovations that have the potential to create compelling impact on patients in need if supported by thought leadership and funding.”

Advancium identifies and develops potential breakthrough medical discoveries that address rare diseases, important medical device technologies, diseases in children, among many other healthcare needs. The organization will implement initiatives to close the gender and racial gaps that exist in the healthcare and financial services sectors with diversity programs created by Deerfield Management, including the Deerfield Fellows program, Break into the Boardroom and Women in Science.

“We must find all the best thinking and do so in a way that reflects the diversity of the science ecosystem if we are to have a meaningful impact on global human health,” said Ron Mitchell, Board Member of ‘Advancium and CEO of Humanity. Health. “I’m excited to see the impact we can have.”

Ron Mitchell will be joined on the Advancium Board of Directors by Jeffrey Kaplan, Founder and Chairman of the A to Z Impact Foundation, David Doneson, Managing Director of the American Committee of the Weizmann Institute of Science, Olivier Elemento, Ph.D. , the director of the England Precision Medicine Institute at Weill Cornell Medicine, and Mark Veich, executive director of the Deerfield Foundation, who will also serve as chairman of Advancium.

About Deerfield Management

Deerfield is an investment management firm committed to advancing healthcare through investment, insight and philanthropy. The firm works across the healthcare ecosystem to connect people, capital, ideas and technology in bold, collaborative and inclusive ways.

For more information, please visit www.deerfield.com.

About the Deerfield Foundation

A subsidiary of Deerfield Management, the Deerfield Foundation is a New York-based nonprofit organization whose mission is to strive to improve health, accelerate innovation and promote human equity. Since its inception in 2007, the Foundation has formed numerous partnerships and invested in advancing the health of children from clinics in the South Bronx of Nepal. Funds are provided by employee contributions and directly from Deerfield profits. https://deerfield.com/deerfield-foundation

About Advancium Health Network

Advancium Health Network is a volunteer-driven, 501(c)(3) charitable organization whose mission is to advance human equity and accelerate innovation to improve the health of people around the world.

Advancium Health recognizes that a highly connected and more diverse community of healthcare innovators and providers is essential to addressing health disparities, expanding treatment options and finding cures, especially for rare diseases . The network is designed to bring together people from academic medical centers, research universities, healthcare companies, start-ups, financial institutions, government and non-profit organizations. https:// AdvanciumHealth.org

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220215006033/en/

CONTACT: Eden Zaslow





SOURCE: Advancium Health Network

Copyright BusinessWire 2022.

PUBLISHED: 2/15/2022 1:56 PM / DISK: 2/15/2022 1:56 PM


Copyright BusinessWire 2022.