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New investment fund will advance late-stage vaccines, other global health technologies
Date:9/23/2013

"As the first investment fund dedicated to global health R&D, GHIF has the potential to make a real impact on the health of underserved populations. The Fund's unique ability to advance science while seeking to provide a reasonable return to investors aligns closely with Merck's own commitment to discovering innovative solutions to the world's greatest health challenges in a sustainable way."

Caroline Roan, President, The Pfizer Foundation: "We are proud to join an esteemed, diverse group of partners to further global health through this innovative funding source. The GHIF's investments will expand access to health care, save lives and foster new possibilities for communities of people with that grow from improved health."

Jonas Ahlen, Investment Manager, Storebrand: "We are excited to be part of GHIF as it gives our clients exposure to a new and attractive investment class, while at the same time improving the lives of poor people. We are proud to contribute to global health access through this ground breaking transaction, and hope we can inspire other institutional investors to consider this sector."


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Contact: Colleen Harris
colleen@colleenharris.co.uk
44-207-223-4512
Grand Challenges Canada
Source:Eurekalert

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