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Corporate Social Responsibility
News
6.29.2006 - 10:05am ET
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CSR News from:
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CVS Caremark
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News Category:
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CVS/pharmacy Stores Raise More Than $2M to Support ALS Research Through Customer Donation Campaign; $8M Raised Since 2002
Donations Exceed Expectations; Benefit ALS Therapy Alliance Initiatives
(CSRwire) Woonsocket, RI - CVS/pharmacy stores nationwide raised more than $2 million
to support ALS research (amyotrophic lateral sclerosis) through a customer
donation campaign held in stores from June 3 to June 24, 2006. Since the
campaign's inception in 2002, CVS/pharmacy has raised nearly $8 million.
CVS/pharmacy customers had the opportunity to make a $1 donation at the
register, with the monies raised going directly to the ALS Therapy
Alliance to support a series of ALS research initiatives at several
medical centers, including Massachusetts General Hospital (MGH).
"It's incredibly gratifying to see how CVS/pharmacy's fundraising efforts
for ALS have grown from grassroots efforts into a multi-million dollar
initiative," said Eileen Howard Dunn, Vice President of Corporate
Communications and Community Relations for CVS/pharmacy. "The funds
CVS/pharmacy raised this year for ALS exceeded our goal of $2 million.
It's really amazing what a $1 contribution can do."
Continued support from CVS/pharmacy has been used to establish and run a
laboratory specifically focused on ALS genetics at the MassGeneral
Institute for Neurodegenerative Disease (MIND), as well as for an
international ALS genetics initiative. MIND researchers have already
collaborated in the discovery of three ALS genes.
"We have been so moved by customer response to this fundraising campaign
over the last four years and are very appreciative of CVS/pharmacy's
continued support this year," said Dr. Robert Brown Jr., MD, PhD, director
of the Cecil B. Day Laboratory for Neuromuscular Research at MGH, who leads
the program. "These donations have been pivotal in providing additional
research support that can help find a cure for ALS and insight into
potential treatments for other related diseases."
The ALS Therapy Alliance's innovative initiative brings together ALS
researchers from all over the world to take advantage of new technologies
and information provided by the Human Genome Project. The ALS Therapy
Alliance includes researchers from Harvard University, Harvard Medical
School, Boston University, Massachusetts Institute of Technology, Beth
Israel Deaconess Medical Center, Brigham & Women's Hospital and the
University of Massachusetts and supports investigators from China,
Germany, Britain, and Turkey.
CVS/pharmacy will present a check to the ALS Therapy Alliance prior to the
August 21, Red Sox game on the field at Fenway Park. As part of the
continued 5-year partnership between CVS/pharmacy and the Red Sox, the
check presentation demonstrates their shared commitment to supporting
those with disabilities.
CVS is America's largest retail pharmacy, operating more than 6,100 retail
and specialty pharmacy stores in 44 states and the District of Columbia.
With more than 40 years of dynamic growth in the retail pharmacy industry,
CVS is committed to being the easiest pharmacy retailer for customers to
use. CVS has created innovative approaches to serve the healthcare needs
of all customers through its CVS/pharmacy stores; its online pharmacy,
CVS.com; and its pharmacy benefit management, mail order and specialty
pharmacy subsidiary, PharmaCare. General information about CVS is
available through the Investor Relations portion of the Company's website,
at http://investor.cvs.com, as well
as through the pressroom portion of the Company's website, at www.cvs.com/pressroom.
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