Press release
Royalty Pharma Announces Charitable Alliance with The Leukemia & Lymphoma Society (LLS) To Advance Initiatives that Address Healthcare Disparities in Blood Cancer Care and Treatment
NEW YORK and RYE BROOK, N.Y., March 29, 2022 /PRNewswire/ -- Royalty Pharma plc (Nasdaq: RPRX) today announced a charitable commitment totaling $7.5 million
About this update from Royalty Pharma Plc
[{"type":"text","content":"NEW YORK and RYE BROOK, N.Y., March 29, 2022 /PRNewswire/ -- Royalty Pharma plc (Nasdaq: RPRX) today announced a charitable commitment totaling $7.5 million to The Leukemia & Lymphoma Society (LLS), a global leader in the fight against blood cancer. Through this five-year alliance, Royalty Pharma will support initiatives focused on reducing healthcare disparities in blood cancer care and treatment. Royalty Pharma is a founding donor of the LLS IMPACT grant program (Influential Medicine Providing Access to Clinical Trials) which awards funding to major cancer research and treatment centers to expand access to clinical trials for underserved and minority populations. Royalty Pharma plc will not receive any economic benefit in exchange for any aspect of these donations.\n\n \n \n \n \n \n \n\n \nRoyalty Pharma is supporting initiatives focused on reducing healthcare disparities in blood cancer care and treatment.\"Despite many advances in blood cancer care and treatment, barriers exist in many communities to prevent patients from accessing new, more effective therapies and protocols that can lead to better outcomes,\" said Pablo Legorreta, founder and Chief Executive Officer of Royalty Pharma. \"The gift awarded through Royalty Pharma's alliance with The Leukemia & Lymphoma Society is intended to propel the work LLS is doing in underserved communities through three key initiatives that will help break down these barriers and ensure that everyone has access to the care they need to treat their blood cancer.\"\nBlood cancer does not discriminate, affecting people of every age, gender, race and ethnicity. But not all people have equal access to care and treatments. LLS exists to ensure that all patients get the care they need. Royal Pharma's annual contribution of $1.5 million over five years will be equally distributed to the following LLS initiatives that address disparities:\nEquity in Access Research Program is a grantmaking program designed to generate evidence that will guide changes in healthcare policy and practice to ensure that all blood cancer patients and survivors achieve access to the cancer care and services they need throughout their lives. This new and novel program is based on the concept of health equity as the principle underlying a commitment to reduce—and ultimately, eliminate—disparities in health.LLS IMPACT* Re...