Gates Foundation Announces $287 Million In Grants Towards AIDS Vaccine

by Medindia Content Team on  July 20, 2006 at 12:46 PM AIDS/HIV News   - G J E 4
Gates Foundation Announces $287 Million In Grants Towards AIDS Vaccine
The Bill & Melinda Gates Foundation had announced $287 million in grants on Wednesday towards the creation of an international network of 16 labs that would work in on new approaches for creating a vaccine against AIDS.

It was explained by the foundation that they wish the program would transform the elusive AIDS vaccine effort by rewarding individual labs that come up with innovative ideas and to help them develop those ideas, and also at the same time ensuring that they collaborate with other researchers, who normally would often be considered rivals.

The 16 grants is scheduled to go to more than 165 investigators in 19 countries, some of whom are the top names in AIDS research and some a less well known. All the scientists involved have been made to sign an unparalleled association agreement, which specifies that they all will openly share their data and results in the hope of getting the most hopeful vaccine candidate as quickly as possible into clinical trials in humans.

Dr. Nicholas Hellmann, acting director of the Gates Foundation's HIV, TB, and Reproductive Health program, told reporters in a telephone briefing, "This is the foundation's largest-ever investment in HIV vaccine development. In fact, it's our largest-ever package of grants for HIV and AIDS." Stating, "Progress has simply not been fast enough," he said that the researchers will be free to patent and profit from any findings but must agree to make any resulting vaccine freely available to people in the developing world.

AIDS was first described in 1981 and it has so far been extremely difficult to find a way to make an effective vaccine. Statistics show that the AIDS virus infects close to 40 million people and 25 million people have died of AIDS since 1981. HIV kills 8,000 people a day, most in Africa and many of them women and children. So far there is no known cure, although drugs can help control the virus and can sometimes help prevent it from being passed along.


Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
User Avatar
* Your comment can be maximum of 2500 characters
Notify me when reply is posted I agree to the terms and conditions

You May Also Like

View All