The Bristol Myers Squibb (BMS) Foundation has launched a $100 million diversity program with National Medical Fellowships to reduce racial and ethnic disparities in trials.

The money used to fund the program comes from a previous $300 million commitment made by BMS to accelerate health equity, diversity and inclusion in clinical research.

Funding for the program will support the training and development of 250 new clinical investigators from racial and ethnic minority backgrounds. Also, the program will help companies establish new trial sites in diverse communities.