Dear Friends, It’s that time of year again and we are excited to share with you the Chen Institute’s 2024 Annual Report. Looking back, it was a year of growth, learning and expansion. A new prize, two co-hosted meetings in Shanghai, more Chen Institute training programs, growth of our Chen Scholars Program and the inaugural Chen Scholars Retreat. We kicked 2025 off with a two-day meeting exploring the current state and future potential of Focused Ultrasound Neuromodulation with leaders in the field from all over the world. More recently, we launched the Tianqiao and Chrissy Chen Ideation and Prototyping Lab at Stanford University, a facility which will bolster medical technology innovation multidisciplinary collaboration on Stanford’s campus.