Boost for Japanese Innovation

The Global Health Innovative Technology Fund announced that it has secured $200 million—double its initial investment—for Japanese research and development on neglected diseases.
The funding, GHIT says, will boost the development of new medicines, vaccines and diagnostics to address diseases including HIV/AIDS, malaria, tuberculosis and neglected tropical diseases over the next 5 years.
The Japanese government will provide about half of the replenishment for the public-private partnership, with the rest coming from funding partners including private companies, the Bill & Melinda Gates Foundation, and the Wellcome Trust.

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