The First Childhood Cancer Foundation Investing In Oncoheroes
Every year 90,000 kids worldwide die of cancer, largely because of the lack of innovative treatments for the types of cancer affecting children and adolescents. Despite tremendous efforts from non-profit organizations and public entities funding scientific research for the discovery of potential new treatments, only four drugs designed specifically for pediatric cancers have been approved by the U.S. Food and Drug Administration. One of the main problems is the lack of early-stage funding from the private sector and financial incentives for the industry to move potential treatments into the clinical phase.
“Non-profit organizations are starting to see the need to go beyond supporting only academic research and are gradually adopting a more innovative funding strategy by directly investing in biotech companies. We want to thank The Andrew McDonough B+ Foundation for being the first childhood cancer foundation to support Oncoheroes and believing in this unique effort for childhood cancer drug development,” stated Ricardo Garcia, co-founder and CEO of Oncoheroes.
The Andrew McDonough B+ Foundation honors the life of Andrew McDonough. Andrew battled leukemia, septic shock, and complications of childhood cancer for 167 days before passing away on July 14, 2007, at the age of 14. Andrew’s B+ blood type became his family and friends’ motto throughout his fight against childhood cancer — to “Be Positive”.
The B+ Foundation is about Kids Helping Kids Fight Cancer™ and is the largest provider of financial assistance to families of kids with cancer nationwide. Additionally, The B+ Foundation funds critical, cutting-edge childhood cancer research and advocates on behalf of kids with cancer.
“Oncoheroes exists because we have been touched by childhood cancer, too. This is just the beginning and we encourage all childhood cancer foundations to continue reaching out to us and learn how to be part of this unprecedented effort,” stated Cesare Spadoni, co-founder, and COO of Oncoheroes.
We would love that everyone who cares about childhood cancer engages with Oncoheroes. Ambitious goals will only be achieved by working united.
