Page "Michael Milken" Paragraph 3

Milken has also been engaged in philanthropic activities since the early 1980s.

He is co-founder of the Milken Family Foundation, chairman of the Milken Institute, and founder of medical philanthropies funding research into melanoma, cancer and other life-threatening diseases.

In a November 2004 cover article, Fortune magazine called him " The Man Who Changed Medicine " for his positive influence on medical research.

In September 2012, Milken and the director of the National Institutes of Health, Dr. Francis Collins, jointly hosted 1, 000 senior medical scientists and members of Congress at a three-day conference to demonstrate the return on investment in medical research.