Roseman University, Nevada Cancer Institute Foundation Complete Merger [PRESS RELEASE]

sliderThe faculty and staff for Roseman University’s Accelerated Bachelor of Science in Nursing (ABSN) Program couldn’t be more excited about the latest news from the university.

Roseman University, Nevada Cancer Institute Foundation Complete Merger

LAS VEGAS, NV (NOVEMBER 22, 2013) — The Nevada Cancer Institute Foundation and Roseman University of Health Sciences announced today the completion of the merger of the foundation and Roseman Medical Education and Research L.L.C., a non-profit subsidiary of Roseman University of Health Sciences, to more efficiently pursue their shared missions of advancing medical research and education under the auspices of the university.

The merger also paves the way for Roseman University to continue work toward establishing the first allopathic medical school housed fully in Southern Nevada, which will now be expedited by the foundation’s existing facility and robust medical research infrastructure.

“This is a natural step in the evolution of the relationship between our organizations,” said Michael Yackira, Chairman of the Nevada Cancer Institute Foundation. “Roseman has been a tenant in the Ralph and Betty Engelstad Cancer Research Building and has hired former NVCI researchers, who are continuing cancer research in the building. We share the common goals of improving medical care, education and research in Nevada.”Engelstad Research Building

Roseman President Dr. Renee Coffman said the merger provides an excellent home and a prestigious environment for the university’s research endeavors as well as an ideal facility for the development of its College of Medicine.

“The Ralph and Betty Engelstad Cancer Research Building, with 184,000 square feet of exceptional infrastructure, including 24 fully equipped research labs, has been a vital resource for world-renowned medical researchers who are already part of the University and conducting research in the building.  This is a win-win for the community, and the Nevada Cancer Institute Foundation’s research infrastructure complements the University’s health science offerings, which include a successful pharmacy school, dental school, nursing school, and other healthcare advanced degree programs,” said Coffman.

The Foundation’s assets, which include the Ralph and Betty Engelstad Cancer Research Building, sophisticated research equipment, and two parcels of undeveloped land, will be retained in the newly merged entity.

“Providing greater options for medical care is always a plus,” said Kevin Orrock, president of Summerlin. “Roseman University’s intent to create a medical school and the recent hiring of former Nevada Cancer Institute researchers is positive on many levels.  It’s a sure sign of continuing economic recovery, makes excellent use of a beautiful existing building, taps into the brain trust that was previously developed at NVCI and creates jobs and opportunities.  We are pleased to have this exciting new medical development in our community.”

With the merger, Roseman University remains on track in the planning and development of its College of Medicine. The University anticipates being able to accept its first class of medical students by fall 2017.

“As a private, non-profit university, Roseman is well positioned and has the flexibility to work towards the development of a College of Medicine, which we see as being a game changer for Southern Nevada and the Intermountain West region.  We hope to have more information and announcements related to that in the next few months,” said Coffman.

About Nevada Cancer Institute Foundation:

The Nevada Cancer Institute Foundation was founded in 2002 as a private, nonprofit organization dedicated to improving medical care, research, and education in Nevada, specifically in the area of cancer. Since its inception, the Foundation has partnered with a variety of Nevada educational and healthcare institutions to further its mission.

About Roseman University:

Founded in Henderson, Nevada in 1999, Roseman University of Health Sciences is a private, non-profit institution of higher learning with campuses in Henderson and South Jordan, Utah. The University is comprised of the College of Dental Medicine, offering an Advanced Education in Orthodontics and Dentofacial Orthopedics/MBA residency and Doctor of Dental Medicine program; College of Pharmacy, offering a Doctor of Pharmacy and Professional Continuing Education; College of Nursing, offering a Bachelor of Science in Nursing and Accelerated Bachelor of Science in Nursing; and an MBA program. Roseman’s research endeavors include cancer, diabetes and obesity, Alzheimer’s and Parkinson’s diseases, adult stem cell and regenerative medicine, and cardiovascular disease. Roseman University is regionally accredited by the Northwest Commission on Colleges and Universities.

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