Saint John's Health Center
Abraxis CEO, Wife to Give St. John's $35 Million
Santa Monica, CA -- January 15, 2007 -- Saint John's Health Center announced today that in recognition of its outstanding patient care and its commitment to translational medicine, Michele B. Chan, Dr. Patrick Soon-Shiong, and their family have committed $35 million to complete the building of a world class inpatient life science center, and to begin development of a new Center for Translational Sciences. Dr. Soon-Shiong is the founder, president and chief executive officer of Abraxis BioScience.
The Health Center is naming the state-of-the-art inpatient facility the Chan Soon-Shiong Center for Life Sciences, to honor a $25 million grant to Saint John's Challenge to Lead Campaign. An additional $10 million grant will be designated to develop a master plan for its South Campus and the Chan Soon-Shiong Center for Translational Sciences, which will be developed subject to requisite approvals.
Pharmaceutical executive donates $100 million to St. John's Health Center
The gift from Patrick Soon-Shiong and his wife is aimed at turning St. John's into a cutting-edge medical hub.
A billionaire Los Angeles pharmaceutical executive bent on creating a national medical data-sharing network has donated $100 million to turn St. John's Health Center in Santa Monica into a cutting-edge hub.
The gift from Patrick Soon-Shiong, founder and chief executive of Los Angeles-based Abraxis BioScience Inc., and his wife, Michele Chan, a former actress, is the hospital's largest donation by an individual and one of the largest received by a community hospital in California. It comes on top of an additional $35 million the couple donated to the hospital two years ago.
About $35 million has been spent on the expanded and renovated 380-bed hospital, and $10 million more to attract doctors and scientists. That leaves $55 million to create several research centers and fund future projects, said St. John's Chief Executive Lou Lazatin.
"It will make St. John's the community hospital of the future," Lazatin said.
For the full report, click here.
Martin Luther King Jr./Charles R. Drew Medical Center
Billionaire offers $100-million guaranty to reopen King hospital
The funding from Patrick Soon-Shiong's family foundation would underwrite a University of California effort to resuscitate the medical center near Watts.
Los Angeles pharmaceutical billionaire Patrick Soon-Shiong announced plans Wednesday to provide University of California regents with a $100-million guaranty underwriting the county's latest proposal to reopen long-troubled Martin Luther King Jr.-Harbor Hospital by 2012.
County officials have expressed misgivings about Soon-Shiong's efforts to reopen the hospital in the past. But he said the funding from his family foundation comes "with no strings attached" and is intended to reassure university officials hesitant to reopen the hospital.
"This could be the county hospital of the future," said Soon-Shiong, 57, a former UCLA surgeon.
For the full report, click here.
- CNBC (10/05/09) - Billionaire Doctor Puts His Money Where His Mind Is
- Los Angeles Times (11/20/09) - UC regents approve partnership with L.A. County to reopen King medical facility
- Los Angeles Times (11/22/09) - A doctor without borders
- Huffington Post (03/18/2010) - Let the New Partnership Begin
The Giving Pledge by Michele B. Chan and Patrick Soon-Shiong
Chan Soon-Shiong Institute for Advanced Health (IAH)
The Chan Soon-Shiong Institute for Advanced Health (IAH) is a 501c(3) nonprofit medical research organization focused on changing the way health information is shared. Established in 2011, IAH received core funding from Dr. Patrick Soon-Shiong and his wife Michele B. Chan, who have pledged through their family foundation more than $1 billion for health care and health information projects.
Clinton Foundation Health Matters Conference 2014
The 2014 Health Matters: Activating Wellness in Every Generation Conference took place in La Quinta, California, on January 13-15. The conference announced 30 new strategic partnerships and reached more than 30.7 million users across Facebook and Twitter, trended #1 on Twitter in the U.S. during the conference, and garnered more than 72,500 views on Livestream.