John Hurley, MBA, B.Bus
Director, For Benefit Medicines (FBM)
With a background in general management, operations and finance both in Australia and offshore, John Hurley, MBA, has dedicated his 35 year-long career to developing successful manufacturing organisations, from start-up companies, to re-building companies following collapse and financial hardship.
John is well-versed in operating companies in the harshest of business environments within the manufacturing, construction, retail and pharmaceutical packaging industries. Yet he has long harboured a personal desire to help others less fortunate.
“Although I’ve spent many years working in a corporate environment, I’ve always had a deep-seated personal desire to help others.”
Over the past 15 years, John has witnessed first-hand, the often devastating effects of chronic diseases, including breast and bowel cancer, Type 2 diabetes and Alzheimer’s disease, afflicting family members and friends.
“Observing family members and friends being diagnosed with, and battling these often devastating diseases, has heightened my understanding of the pain encountered by patients, their carers’ and friends.
“I wanted to do something to help alleviate some of this pain through the provision of additional support and resources,” John said.
“It’s not uncommon for people living with, caring for, or close to someone with an illness, to want to do more to help. For me, it raised the question of whether I was doing enough?”
After discussing the issue with a peer from the pharmaceutical industry, Barry Frost, who harboured similar views, both gentlemen decided to start a company of benefit to Australian patients, rather than shareholders.
This alignment in ideas, business savvy and drive led to the formation of For Benefit Medicines (FBM) – Australia’s first not-for-profit pharmaceutical company that markets generic FBM medications approved by the Australian Government’s Therapeutic Goods Administration (TGA) and returns 100 per cent of profits to patient support programs in a respective therapeutic area today, and medical research into the same therapeutic area, for tomorrow.
“Many people have a desire to help others. They make donations and commit precious time toward volunteering and working on weekends,” said John.
“I believe every person’s contribution, no matter how big or small, is valuable.
“By harnessing our professional experience and business acumen with FBM, we aim to make a genuine difference to people’s lives by funding activities that ultimately improve the health and wellbeing of all Australians.
“I’ve always subscribed to the belief that if you’re presented with an opportunity to make a difference to people’s lives that’s beyond their personal capabilities, then it’s your responsibility to seize the moment and to act accordingly,” John said.