The American Society for Reproductive Medicine (ASRM) and Ferring Pharmaceuticals have announced a $5M endowment from Ferring to ASRM. This endowment, the largest in ASRM’s nearly 80-year history, will establish the “Ferring Endowment for the Education of Healthcare Professionals in Training,” ensuring ASRM’s continued legacy as the leading educator for professionals in the field. ASRM will utilize this endowment to create, establish, and maintain innovative educational programs for healthcare professionals who are actively enrolled in training for the field of reproductive endocrinology and infertility.
“The economics of American medicine make it extremely challenging to find training resources for new physicians in fertility care. It has been difficult to convince governments, hospitals, and academic medical centers to provide the necessary funding to meet this important need. We are profoundly grateful to Ferring for not only seeing, but also stepping up to address this funding gap and ensure the continuation and expansion of these essential educational programs,” said Michael A. Thomas, MD President of ASRM.
“High-quality educational programming is critical for the growth and development of healthcare professionals in reproductive endocrinology and infertility. We’re honored to partner with ASRM to augment their learning opportunities at this important stage of their careers,” said Jade Levi Shields, Vice President, Corporate Affairs, Ferring Pharmaceuticals. “By investing in the next generation of caregivers, our hope is that this endowment will serve as a catalyst to continue advancing the field of reproductive medicine to help make more people parents.”
“ASRM is immensely grateful to Ferring for this generous endowment that will address the longstanding need for more early career training in reproductive medicine. The impact will be felt for generations to come. As new healthcare professionals join the workforce, this endowment marks a transformational moment in REI training,” said ASRM CEO Jared Robins, MD, MBA.
The endowment was announced at the annual ASRM Scientific Congress & Expo during the Opening Ceremony on October 16, preceded by a signing ceremony at the Ferring Reception on October 15.