New Breakthroughs Needed

In its 7th annual policy report, the Global Health Technologies Coalition (GHTC) called on Congress to appropriate more than $48 billion toward global health R&D.

Emphasizing urgency to prepare for emerging diseases, the coalition of 25-plus nonprofits also urged Congress to establish a mechanism combining public funding with matching investments from the private and philanthropic sectors, and to create new incentives to encourage private sector investment in research projects.

The US contributes about 70% of worldwide public investment in global health R&D, 45% in private and philanthropic funding, and is the lead funder for 26 of the 30 most neglected diseases.
 

Healio
 

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