NorthShore unveils $20M fund for personalized medicine

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Evanston, Ill.-based NorthShore University HealthSystem created a new fund in honor of Mark R. Neaman, executive chairman of the board and longtime president and CEO who is retiring, according to the Chicago Daily Herald.

The fund, which currently stands at $20 million, aims to raise more than $50 million by the end of 2021, Crain's Chicago Business reported.

It will be used to support NorthShore's personalized medicine as well as orthopedic and spine specialty programs. Additionally, NorthShore's personalized medicine center was renamed the Mark R. Neaman Center for Personalized Medicine.

The fund was established by NorthShore directors, colleagues and friends of Mr. Neaman, as well as through a targeted institutional investment.

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