Life Science Cares Grants Additional $200,000 In Emergency Funding

For Partners’ COVID-19 Relief Efforts

Industry continues to support COVID-19 response with financial donations and virtual volunteering

Philadelphia, PA, June 22 – Life Science Cares Philadelphia, a nonprofit that organizes biopharma executives and employees to give back to the community, today announced an additional $200,000 in grants to support organizations providing food and shelter, education opportunities or meeting basic human needs during the COVID-19 pandemic. The grantees include nonprofit partners: Broad Street Ministry, Cradles to Crayons, Philabundance, University City Science Center and YearUp.

“The needs of our nonprofit partners continue to be urgent and significant. While Life Science Cares just recently expanded to Philadelphia, in just the last six months our board members have worked to bring the life science community together to allow us to make an aggregate of $350,000 in grants to support our nonprofit partners.  We are so proud to mobilize the industry to provide critical support to organizations serving our most vulnerable neighbors,” said Executive Director Pete Wolf.

Funding for Life Science Cares has been provided by the members of our board of directors, corporate donations from Spark Therapeutics, The Higgins Group, Centerview Partners, General Atlantic, SwanBio Therapeutics, Trevena, Danforth Advisors, Adaptalogix, as well as the employees of Idera Pharmaceuticals.

Life Science Cares continues to leverage multifaceted partnerships with grantees, offering support well beyond the financial contribution, including virtual volunteer engagement and in-kind donations of goods critical to ensure residents health and safety.

About Life Science Cares

Life Science Cares (LSC) is a collective effort of the life sciences industry to reduce the impact of poverty on our neighbors. Through uniting the human and financial resources of life science companies and industry leaders, we support service organizations that do the best work in three areas of focus: basic human survival, education and economic sustainability.

Pete Wolf

Executive Director

Life Science Cares Philadelphia