Who We Are
FasterCures : Our Name. Our Mission.
FasterCures, a center of the Milken Institute, is an action tank, determined to remove barriers to medical progress. We have only one goal: to save lives as rapidly as possible. We work to improve the medical research system - so that we can speed up the time it takes to get important new medicines from discovery to patients.
Despite the human and financial capital flowing through our healthcare system, the fact remains that more than 100 million Americans suffer from cancer, Alzheimer's disease, diabetes, Parkinson's disease, heart disease, and others for which there are still no cures - and, in many cases, few meaningful treatment options. We'll all be patients at some point. We have to act now and act smartly - because patients are dying every day waiting for treatments and cures. Our mission is to accelerate the progress of discovery and development of new medical solutions for deadly and debilitating diseases. We are nimble and independent, a 'safe place' for key stakeholders of the medical research enterprise to come together and get things done.
Harvard Business School Profiles FasterCures and its Strategies to Remove Barriers to Treatments
The Harvard Business School released a case study focused on FasterCures, its history, its programs to date and their impact, and what’s on the horizon. For example, current trends in the US showed that investors were increasingly supporting late stage research with higher probabilities of success while funding for riskier early stage research was drying up. Should FasterCures raise money and direct it toward early stage breakthrough therapies? Another issue was the US clinical trial process system. It's complicated, takes a long time, and is very expensive. Should FasterCures reorganize to better understand this issue and make a high-level push to improve it? Or perhaps FasterCures should look at drug reimbursement decisions. Anderson needed to determine where FasterCures should get fully involved, what it should do, and whether it could make a difference. Read the case study.