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Advancium Health Network Expands Leadership with New Appointments

On June 16, 2025, Advancium Health Network, a public charity committed to enhancing therapies for rare diseases, declared the appointment of three key figures to its Board of Directors. This strategic move aims to bolster the organization’s capacity to innovate and navigate the challenges in the healthcare landscape.

New Board Members

1. Philip Ross, M.D.
Serving as the Vice Chairman of Investment Banking and Global Chairman of Healthcare at Jefferies, LLC, Dr. Ross is noted for his advisory role in strategic transactions and mergers in the healthcare sector. With an extensive background in investment banking, he brings forth a wealth of expertise that will be instrumental to Advancium's growth and strategic direction.

2. Howard Furst, M.D.
Acting as a Partner at Deerfield Management, Dr. Furst combines his medical training with business acumen, offering insights that bridge clinical practice and corporate strategy. His experience as a trusted advisor to life sciences companies places him in a strong position to influence Advancium's initiatives.

3. Michael Hurley, M.D.
Also hailing from Deerfield Management, Dr. Hurley’s role focuses on Medical Technologies. With his background in healthcare operations and portfolio management, he contributes a unique perspective to the board that aligns with Advancium's mission to innovate in pediatric healthcare.

Strengthening the Board and Commitment to Innovation

CEO Mark Veich expressed enthusiasm about the new appointments, stating, "We are thrilled to welcome Phil, Howie, and Mike to our Board of Directors. Their extensive experience in healthcare investing will be invaluable as we continue to expand our network and drive innovation to better serve patients."

Ron Mitchell, Managing Partner at Low Post Ventures and current board member, echoed this sentiment, emphasizing that the inclusion of these leaders signifies Advancium's dedication to forward-thinking leadership and governance. He noted that their knowledge and strategic viewpoints will significantly accelerate Advancium’s mission.

Facing the Future of Pediatric Healthcare

As Advancium Health Network continues to expand its reach and address the pressing challenges associated with rare pediatric diseases, the timing of these appointments could not be more significant. The organization aims not only to confront challenges but also to catalyze positive changes in the healthcare system.

Advancium Health Network operates as a mission-driven public charity that utilizes a unique model, integrating for-profit and non-profit elements to overcome barriers in the healthcare sector. The collaboration among a diverse range of stakeholders—from industry partners to philanthropic entities—underscores the organization’s commitment to impactful health improvements, especially for underserved patients.

With a focus on early-stage innovations, pediatric MedTech, and therapies that cater to rare diseases, Advancium strives to transform the landscape of pediatric healthcare. As they embrace their new board members' expertise and vision, the potential for groundbreaking advancements in this crucial area of health will only grow.

For additional details about Advancium Health Network and its initiatives, visit Advancium Health.

Contact Information

Media Contact:
Jyoti Patel
Director of Marketing and Operations
Email: [email protected]
Phone: 646.771.0699

Stay tuned for more updates on how Advancium Health Network continues to influence the field of pediatric healthcare through innovation and partnerships.