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Leaders in Fight Against Cancer Join Historic Initiative to Address Critical Shortage of Clinical Investigators
Date:6/21/2011

NEW YORK, June 21, 2011 /PRNewswire-USNewswire/ -- The Damon Runyon Cancer Research Foundation today announced the formation of "Accelerating Cancer Cures," a historic collaboration of the biopharmaceutical industry and academia with a strong commitment to achieving key breakthroughs in cancer treatments.  A five-year, $25 million program will be established to rebuild the ranks of young clinical investigators by funding and training more than 50 physician-scientists. The project will help advance a translational research model whereby industry and academia work together in a new effort to discover tomorrow's cancer cures.

"We risk losing tremendous ground in our effort to find cures for cancer if we cannot attract new talent and new ideas to clinical research," said Lorraine W. Egan, Executive Director Damon Runyon Cancer Research Foundation. "Accelerating Cancer Cures will accelerate our mission to identify and fund the best young scientists working on innovative cancer research. It will bring industry and academia together to collaborate on new research. Our best hope for crucial breakthroughs to prevent, diagnose and treat cancer lies with the committed young scientists who will be able to pursue critical research, thanks to this effort."

Accelerating Cancer Cures is supported by some of the world's leading biopharmaceutical companies working to find cures for cancer. Charter participants include Eli Lilly and Company, Celgene, Merck, Millennium: The Takeda Oncology Company, Pfizer, and The Pharmaceutical Research and Manufacturers of America (PhRMA). Although these companies are competitors in the marketplace, they have a shared belief that funding young physician-scientists with a commitment to innovation in cancer research will have a profound impact on the next generation of cancer breakthroughs. Together, they have already pledged over $5 million.

The program builds on the success of the prestigious Damon Runyon Clinical Investi
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SOURCE Damon Runyon Cancer Research Foundation
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