Philanthropic effort supports patient-inspired innovations
ROCHESTER, Minn. — To accelerate the pace of research, solve unmet needs of patients and improve the quality of health care, Mayo Clinic today announced a philanthropic campaign to raise $3 billion by Dec. 31, 2017, strengthening Mayo’s strategic priorities in patient care, research and education.
“Reliable funding is the biggest barrier to advance medical breakthroughs that can benefit patients suffering from diseases,” says John Noseworthy, M.D., Mayo Clinic president and CEO. “Traditional funding sources, such as federal grants, cannot cover the cost of discovering cutting-edge science and implementing those solutions in clinical practice.”
A focal point for the campaign is biomedical research. For example, funding will allow scientists and researchers to apply healthy tissues to regenerate and cure diseased organs; find trusted answers on diagnosis, prognosis and treatment of disease based on an individual’s genome and harness Mayo’s collective knowledge to improve the cost-effective delivery of quality health care.