Life Science Cares Launches in Philadelphia
Local Life Science Community Unites to Reduce Poverty
PHILADELPHIA, December 16, 2019 – Today Life Science Cares (LSC), a collective effort of the life science industry to reduce the impact of poverty in select metropolitan regions, launched in Philadelphia, PA. During an event at Broad Street Ministry, local leaders representing a wide range of life science companies and non-profit organizations, came together in support of LSC’s mission: to make a difference in the lives of Philadelphians by bringing the life science community together to offer both financial grants and hands-on support and volunteerism. LSC also announced its local board of managers, inaugural non-profit partners and founding advisory board members.
Despite its growth in population and household income, Philadelphia is the poorest large city out of the 10 most populous in America, with vast stretches of the region entrenched in poverty. LSC will unite the human and financial resources of life science companies and industry leaders to support service organizations that do the best work in fighting poverty in the community.
“While issues of poverty and homelessness in our city are complex and often seem insurmountable, the life science community in Philly is primed to be part of the solution,” said Vin Milano, Chairman LSC Philadelphia and CEO, Idera Pharmaceuticals, Inc. “As an industry we’ve proven that with sustained commitment and collaboration, we can solve some of the most complex healthcare challenges. Now, LSC gives us a platform to harness our collective passions and talents in order to tackle one of our society’s most difficult issues.”
In year one, LSC Philadelphia will partner with five non-profit partners including Broad Street Ministry, Cradles to Crayons, First Hand, Philabundance, and Year Up. Each of these organizations was selected because of its proven track record for effective and efficient service in the community and the diverse opportunities they present for LSC members to get involved by offering time, talent and monetary contributions.
“Since Life Science Cares launched in Boston in 2017 it has distributed $1.75 million in grants to a variety of non-profit partners in the Boston area and engaged nearly 400 life science companies whose employees contributed 5,300 hours of volunteer service in 2019 alone,” said Pete Wolf, Executive Director LSC Philadelphia. “We hope to activate the Philadelphia life science community in 2020 in order to expand on the impact LSC has made in Boston.”
For more information on LSC Philadelphia, its leadership and opportunities to get involved, visit lscphilly.org or contact Pete Wolf at firstname.lastname@example.org.
About Life Science Cares Philadelphia
Life Science Cares is a collective effort of the life sciences industry to eliminate the impact of poverty on our neighbors. With nearly 375,000 Philadelphia residents living below the poverty line, Life Science Cares is committed to uniting the life science community and providing human and financial resources to organizations that support survival, education and sustainability. Life Science Cares Philadelphia will put the true good that local life science companies represent into action --- not just for human health, but for human potential. To learn more, visit https://www.lscphilly.org – and follow Life Science Cares Philadelphia on Twitter and LinkedIn.