“From a patient perspective, venture philanthropy is a remarkable strategy,” Beatty said. “It’s the best of business and the best of philanthropy coming together. It allows us to be very active in the drug development process. It allows people with a stake in the disease to get involved to partner with the drug companies. You take an active role at the forefront of the fight.”

http://www.bizjournals.com/denver/news/2012/08/08/solutions-venture-philanthropy-a-new.html?ana=twt