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Press Release
Focused Ultrasound Foundation Receives Transformative $10 Million Gift
Dr. Neal Kassell, founder, Focused Ultrasound Foundation
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Courtesy: Tom Tom Founders Festival
Dr. Neal Kassell, founder, Focused Ultrasound Foundation
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Submitted Press Release | Focused Ultrasound Foundation | Wednesday, November 01, 2017 at 3:51 p.m.

Focused Ultrasound Foundation Receives Transformative $10 Million Gift to Accelerate Development and Adoption of Game-changing Therapeutic Technology

The Focused Ultrasound Foundation has received a pledge of $10 million in unrestricted funds from an anonymous donor to be matched 1:1 by 2022.

This pledge comes at a pivotal time for the Foundation and the focused ultrasound field. Despite the steady pace of research and application of the technology, every day that patient access to focused ultrasound is delayed translates to unnecessary death, disability and suffering for countless people worldwide.

The Foundation's annual budget is approximately $10 million, and this transformative gift will further accelerate the development and adoption of a game-changing technology. All donor contributions are now being matched dollar-for-dollar, thus doubling their impact, and allowing the Foundation to continue to fund research in a number of critical areas including:

  • Brain disorders including glioblastoma, Alzheimer’s and Parkinson’s diseases, epilepsy, obsessive-compulsive disorder, and depression
  • Cancer immunotherapy
  • Pancreatic cancer
  • Pediatric disorders
  • Veterinary indications

“We are profoundly grateful for this exceptional pledge as it will help us fulfill our mission with greater speed and accelerate important new treatment options to patients in need,” said Neal F. Kassell, MD, founder and chairman of the Focused Ultrasound Foundation. “We hope this gift will encourage new donors to support our mission and inspire our longstanding donors to continue their commitment, which will now deliver twice the impact.”

 

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