Accelerating innovation to improve global health.

Advancium Health Network is a volunteer-driven, charitable organization mission-focused on advancing human equity and accelerating innovation to improve health for people globally. Advancium recognizes that a highly linked, more diverse community of healthcare innovators and providers is foundational to tackling health disparities, expanding treatment options, and finding cures. The network is built to bring together people from academic medical centers, research universities, health care companies, start-ups, financial institutions, government, and nonprofit organizations to cure disease and improve health outcomes throughout the world.

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Our Mission

Advancium embraces a two-pronged approach:

  • Move forward projects in areas of compelling need, but questionable commercial viability
  • Educate populations to engage diverse thought leadership in healthcare and investment

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


Advancium Health Network, Launched by Deerfield Management, Receives $30M from Maxine and Stuart Frankel Foundation

NEW YORK, Oct. 13, 2022 /PRNewswire/ -- Advancium Health Network, a public charity, dedicated to advancing healthcare services and health equity through philanthropic investment, announced today that it has received a charitable gift in the amount of $30M from the Maxine and Stuart Frankel Foundation, of Bloomfield Hills, Michigan. The Frankels will partner with Advancium to support and validate promising early-stage research. Advancium was launched by Deerfield Management and the Deerfield Foundation in February 2022 to advance research into life science technologies that address unmet medical needs affecting vulnerable populations including pediatrics.

Read the full press release here.

New Independent Charitable Health Care Organization Advancium Health Network Launches

NEW YORK – (BUSINESS WIRE) – Deerfield Management and the Deerfield Foundation today announced the formation of Advancium Health Network, an independent charitable organization. Its mission is to advance human equity through innovation and education by bringing together diverse thought leaders, entrepreneurs, and mission-focused problem solvers to create cures and solutions that would not be furthered through a commercial lens.

Read the full press release here.

press release

Advancium Board Members

Mark Veich

President of Advancium Health Network

Jeffrey Kaplan

Founder and Chairman of the A to Z Impact Foundation

Ron Mitchell

Co-Founder and Chief Executive Officer of Humanity Health

David Doneson

Chief Executive Officer of the American Committee for the Weizmann Institute of Science

Olivier Elemento, Ph.D.

Director of the Englander Precision Medicine Institute at Weill Cornell Medicine

Michele Cleary

Head, US Strategic Collaborations, Bristol Myers Squibb

Dr. Laurie Zephryin

Senior Vice President at The Commonwealth Fund

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