Launching a drug development company with novel technology from academia
Our corporate group has worked with hundreds of entrepreneurs at this stage to help them optimally and efficiently select and form the appropriate legal entity
Values & Community
Our Commitment to Philanthropy
We are deeply committed to engaging philanthropically, in a meaningful way and to a substantial degree, with the communities in which we live and work.
We dedicate approximately 1% of our annual revenue to direct financial donations each year.
Directed financial donations & sponsorships
The firm has an active Philanthropy Committee who seek, evaluate and approve requests for financial donations. Each year since the firm was started, we have dedicated approximately 1% of our annual revenue to these direct financial donations.
- the funding supports disadvantaged people and/or people with special medical needs in the geographic areas of our offices
- the amount of the firm’s donation will be of meaningful size to the recipient (so as to be impactful to the achievement of the recipient’s mission); and
- where substantially all of the firm’s donation will be used in programming (so that the firm’s donation is used efficiently).
Major Initiatives
Founded in 1991, Biomedical Science Careers Program (BSCP) introduces underrepresented minority students and fellows to all facets of science and medicine while helping health care institutions, biopharma/biotechnology firms, educational institutions, professional organizations, and private industry members achieve their goals of having a more diverse workforce. Its founding sponsors are the Harvard Medical School Minority Faculty Development Program, the New England Board of Higher Education, and the Massachusetts Medical Society.
BSCP brings together more than 1,000 African American, Hispanic/Latino and American Indian/Alaska Native students and fellows for an opportunity to connect with advisors from clinical sciences, medicine, public health, academia, and the biopharmaceutical industry. These specialists engage with the participants, encourage them through their studies, and advise them regarding available resources, professional opportunities, and career paths in biomedical and other science-related fields.
Faber’s Philanthropy Committee sponsorship of BSCP includes 2 prongs of financial support – the first and most significant portion of which is discretional and available for the general furtherance of BSCP’s core mission. The second prong is specifically directed to the organization’s COVID 19 Fund and its likely successor, an Emergency Technology Fund. “The COVID 19 and Emergency Technology Funds are designed to ensure that program participants whose studies and program participation have been especially impacted by COVID 19 or the lack of available technology resources have access to financial support to help secure those resources.”
Founded in 1991, Biomedical Science Careers Program (BSCP) introduces underrepresented minority students and fellows to all facets of science and medicine while helping health care institutions, biopharma/biotechnology firms, educational institutions, professional organizations, and private industry members achieve their goals of having a more diverse workforce. Its founding sponsors are the Harvard Medical School Minority Faculty Development Program, the New England Board of Higher Education, and the Massachusetts Medical Society.
BSCP brings together more than 1,000 African American, Hispanic/Latino and American Indian/Alaska Native students and fellows for an opportunity to connect with advisors from clinical sciences, medicine, public health, academia, and the biopharmaceutical industry. These specialists engage with the participants, encourage them through their studies, and advise them regarding available resources, professional opportunities, and career paths in biomedical and other science-related fields.
Faber’s Philanthropy Committee sponsorship of BSCP includes 2 prongs of financial support – the first and most significant portion of which is discretional and available for the general furtherance of BSCP’s core mission. The second prong is specifically directed to the organization’s COVID 19 Fund and its likely successor, an Emergency Technology Fund. “The COVID 19 and Emergency Technology Funds are designed to ensure that program participants whose studies and program participation have been especially impacted by COVID 19 or the lack of available technology resources have access to financial support to help secure those resources.”
Multi-year donations have been made to the following organizations
Possible Zone is a tuition-free, learning program for Boston high school students. The program helps students develop important skills by allowing them to explore STEAM technologies and gain valuable social and emotional skills. The program also helps students’ college and career pathways.
Learn More
BIO Ventures for Global Health (BVGH) is a nonprofit organization based in Seattle, Washington, working at the crossroads of the private and public sectors to advance research and improve health.
Learn More
Food Bank For New York City has been working to end food poverty in their five boroughs for over 36 years, employing a multifaceted approach centered on helping low-income New Yorkers overcome their circumstances and achieve greater independence.
Learn More
Camp Casco is an amazing camp filled with fun, adventure, and friendship for New England kids who have been diagnosed with cancer and their siblings.
Learn More
The MDSC offers a broad array of programs to serve people with Down syndrome and their families throughout the state in an effort to ensure that every person with Down syndrome has the opportunity to reach his or her full potential.
Learn More
New England Disabled Sports (NEDS) provides adaptive sports instruction to students of all ages and abilities.
Learn More
For nearly a decade, the Firm has been the lead sponsor of Bio-Ball, a unique basketball tournament and skills event that matches employees of Boston-area biotechnology and pharmaceutical companies with Special Olympics teams.
Learn MoreWe have partnered with many biotechnology clients to support their not-for-profit organizations.
Enhancing our clients' efforts in the field
Many of our biotechnology company clients have become leaders in engaging philanthropically with not-for-profit organizations that provide research funding, patient advocacy, access to drugs, and other supportive activities for unmet needs in medical areas that may be adjacent to or even overlap the areas of focus of these biotechnology company clients.
We have partnered with many of these biotechnology company clients to enhance their efforts, through direct financial donations and/or the involvement of our employees.
Efforts we’ve supported
To Cure a Rose Foundation develops therapeutics for children with rare genetic diseases.
Learn More
Pathway to Possible’s mission is to provide housing, support, and advocacy for people with cognitive and developmental disabilities – and their families – while erasing barriers, building confidence, empowering independence, and expanding opportunities that enrich their lives and their communities.
Learn More
The Cure GM1 Foundation is dedicated to hope and to directly funding research for a cure for GM1 Gangliosidosis, a lysosomal storage disease that attacks the brain and spinal cord and is always fatal in children.
Learn More
The Alzheimer’s Association is an organization of caregivers that provide support to those facing Alzheimer’s and advanced research into the disease.
Learn More
Hope Lodge offers cancer patients and their caregivers a free place to stay when their best hope for effective treatment may be in another city.
Learn More
TB Alliance's mission is to discover and develop better, faster-acting, and affordable drugs to fight tuberculosis. (We sponsored the Community Engagement Program run by TB Alliance in Southern and Eastern Africa).
Learn More
Life Science Cares' mission is to leverage the intellectual, financial, and human capital of the life sciences industry in an effort to reduce the effects of poverty in Boston, Philadelphia, San Diego and the Bay Area.
Learn More
The Termeer Foundation is a nonprofit organization focused on connecting life science innovators and catalyzing the creation of new medicines.
Learn More