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HomeHealthcareThrough a USD 1.5B campaign, Weill Cornell Medical invests in precision medicine...

Through a USD 1.5B campaign, Weill Cornell Medical invests in precision medicine and debt-free medical education

A large-scale $1.5 billion fundraising event will be used to promote research, patient care and medical education at Weill Cornell Medical College.

Launched on June 17, “We are changing medicine” campaign It is the largest in the history of the New York City health system. The event will focus on supporting three principles: care, discovery and teaching.

Dr. Augustine MK Choi, Dean of Stephen and Suzanne Weiss of Weill Cornell Medicine, said in an email that approximately US$750 million has been raised out of the US$1.5 billion.

“The goal of this sport is to build on our basic sciences; invest in long-term research findings…and support a diverse and gifted student body through new dormitories and the ability to graduate without debt,” Cui said.

The funds raised through the event will be used to invest in various types of translational research, including precision health companies that focus on personalized disease prevention and treatment. To support this new enterprise, the health system will create new facilities and update existing biomedical research spaces in the Belfer Research Building and the main campus building.

In addition, Weill Cornell will invest in new technologies such as artificial intelligence and machine learning, as well as new biomedical methods such as regenerative medicine and cell therapy.

Cui of Weill Cornell University said that not only that, the health system will also use the funds to improve the learning and living environment of students.

Choi said a $55 million gift from Jeffrey Feil and the Feil family, vice chairman of the Researcher Committee and campaign co-chair, will support the construction of a new student dormitory worth $264 million. The proposed 148,000-square-foot lobby is expected to be occupied in 2025, which will nearly double the agency’s residential living space.

In addition, the Weill Cornell School of Medicine plans to raise 40 million US dollars to fully fund its scholarship donation, which provides scholarships covering tuition, housing and other living expenses to all medical students who are eligible for financial assistance. This enables students to avoid loans.

scholarship Created in 2019 Gifts from donors totaled 160 million U.S. dollars.

“Providing debt-free medical education has cultivated a more diverse student population,” Cui said. “Actually, [the] The number of applications for under-represented medical students in the 2024 grade rose to 29%, compared with 20% the year before. “

Photo: nito100, Getty Images

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