Australia’s first ‘for-benefit’ pharmaceutical company donating $20,000 to breast cancer medical research
=For Benefit Medicines (FBM), the nation’s first ‘for-benefit’ pharmaceutical company, will donate $20,000 to the Breast Cancer Institute of Australia (BCIA) in Newcastle today (December 9, 2016)
FBM’s sole purpose is to distribute 100 per cent of profits to local patient support and medical research organisations. The organisation’s first generic medications – Anastrozole FBM and Letrozole FBM – for the treatment of breast cancer, are available on prescription from a doctor, and for dispensing through pharmacy.
FBM Directors, Dr. Barry Frost and John Hurley are delighted to be handing over their first cheque to BCIA, helping researchers move one step closer toward finding a cure for the disease.
“Having launched For Benefit Medicines a year ago, we are extremely excited to be making our first donation to BCIA.
“Given my wife’s experience of a breast cancer scare in the past, it’s great to be able to offer our support to breast cancer research in Australia,” said Dr. Barry Frost.
“Our ultimate goal is to help improve the lives of our fellow Australians. The FBM initiative provides an opportunity for doctors, nurses, pharmacists and breast cancer patients to raise millions of dollars for BCIA and the breast cancer patient support organisation, Breast Cancer Network Australia (BCNA), each year. However, for this to become a reality, we need all of these parties to get behind the cause and support FBM,” Dr. Barry Frost said.
BCIA is the fundraising department of the Australia and New Zealand Breast Cancer Trials Group (ANZBCTG) – the largest, independent, oncology clinical trials research group in Australia and New Zealand committed to the treatment, prevention and cure of breast cancer.
True to its mission, FBM has contributed to both patient support and medical research organisations to date. On Wednesday, November 30, 2016, FBM made its first donation of $20,000 to BCNA in Melbourne. Today’s donation marks FBM’s first ever contribution of funds to BCIA since the for-benefit organisation’s launch on December 1, 2015.
“We hope to continue to raise funds through FBM for breast cancer research in Australia, with our ultimate aim of supporting efforts toward finding a cure,” said Dr. Barry Frost.
To learn more about FBM, head to www.forbenefitmedicines.com.au or call 1300 656 256.