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Scientists Launch Vaccine Research Foundation
Date:6/8/2011

ne. "However, the resources are not – and, when they are, they tend to come in bursts. Scientists everywhere need long-term, predictable funding in order to pursue new ideas and promising lines of research without worrying about paying next month's rent."

The Foundation fills a strategic gap at a time when resources are scarce and treatment costs are soaring. "No one has been advocating, lobbying or campaigning single-mindedly or consistently on the world stage for increased funding for vaccine research," said Peter Hale, founder of the It's Time Campaign. "It's time to fill this gap. While finding innovative new ways to persuade governments and other funders of the value of increased investments in vaccine research, we can help raise money for vaccine research by conducting televised fundraising events, just as other groups are doing to accelerate cancer and diabetes research."

"It's an exciting time to advance vaccine research and development to prevent humankind's most wretched diseases," said Founding Board Director Prof. Robin Weiss of University College London.  "However, scientists must have the resources. We need leadership and further political commitment worldwide. I am pleased that finally someone will be advocating and campaigning for increased funding for vaccine research."

"Vaccines are most needed for infectious diseases that are ravaging developing countries, where financial incentives for vaccine companies practically do not exist," said Founding Board Director Prof. Mauro Schechter of the Federal University of Rio de Janeiro. "I hope that the creation of the Foundation will galvanize efforts to create innovative financing mechanisms and other incentives that will expedite vaccine research and development, particularly for HIV, TB, and malaria, in developing and developed countries."

"The personal and communal impact of colliding HIV and TB epidemics in South Africa is devastating," said Founding Boa
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SOURCE The Foundation for Vaccine Research
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