Multiple Myeloma Research Foundation
||A major contributor to this article appears to have a close connection with its subject. (December 2009)|
The Multiple Myeloma Research Foundation (MMRF) is a charitable organization dedicated to multiple myeloma, an incurable blood cancerh year. The MMRF runs as if it were a for-profit business, expecting high returns from the money the organization raises from donors.
MMRF was founded in 1998 by twin sisters Kathy Giusti and Karen Andrews, following Kathy's diagnosis with multiple myeloma. Giusti, a pharmaceutical company executive and Harvard Business School Alum, wanted to encourage researchers to develop treatments for multiple myeloma by using business models rather than academic models of drug development. 
About The MMRF
MMRF is the number-one private funder of multiple myeloma research, having raised over $120 million since its inception to fund more than 120 laboratories worldwide. MMRF has developed a diverse research “portfolio” of programs to yield long-, mid-, and short-term returns on the MMRF’s research investment and deliver better treatments to patients faster: basic science programs to better understand the disease and identify new druggable targets through genomics and proteomics research; validation programs to prioritize new compounds and combinations based on key targets; and a network of leading myeloma centers who collaborate to conduct clinical trials to accelerate the development of novel treatments.
The MMRF is funding research into 30 compounds at the pre-clinical stage. By 2013 it had raised more than $250 million and its work has resulted in approval of six new drugs to treat the disease.
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- "Harvard Business School Awards MMRF Founder, CEO with Alumni Achievement Award". Reuters (Business wire). 2009-10-22. Retrieved 16 December 2009.
- Duxbury, Sarah (December 8, 2006). "Foundations move in where VCs fear to tread". San Francisco Business Times. Retrieved 16 December 2009.
- "A Mission with Precision", Forbes Magazine, December 3, 2013