 Founded under the principle of "complete dedication to medical education, research and the alleviation of human sufferings", it was the first philanthropic institution in the Philippines.In 1957, the UE College of Medicine was renamed the "University of the East Ramon Magsaysay Memorial Medical Center" (UERMMMC) as a tribute to the late President Ramon Magsaysay who died in a plane crash in Cebu.The Medical School had its first graduates in 1961.