Gates Foundation Commits $280 Million for Research to Fight Global T... (B drug discovery grants announced today ...)

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Gates Foundation Commits $280 Million for Research to Fight Global TB Epidemic

Date:9/18/2007

B drug discovery grants announced today include:

-- $7.5 million to Seattle Biomedical Research Institute

-- Two grants totaling $3.7 million to Colorado State University

-- Two grants totaling $2.4 million to Weill Cornell Medical College

-- $1.8 million to Johns Hopkins University

-- $1.7 million to Ordway Research Institute

-- $750,000 to Northeastern University

-- $453,000 to Ecole Polytechnique Federale de Lausanne

Grants Support Global Plan to Stop TB

The new grants support priorities in the Stop TB Partnership's Global Plan to Stop TB, a detailed blueprint for reducing the TB burden over the next decade. The plan calls for worldwide spending on TB to triple by 2015.

Last year, the foundation pledged to support the plan by providing at least $900 million in TB funding by 2015. With the new grants announced today, the foundation has fulfilled more than half of that commitment.

"TB is a major threat, and stopping it must be a top global priority," said Dr. Marcos Espinal, executive secretary of the Stop TB Partnership. "We have an achievable action plan to reduce the TB burden, and it is encouraging to see new resources going to Stop TB partners to support this plan."

Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people's health, and giving them the chance to lift themselves out of hunger and extreme poverty. In the United States, it seeks to ensure that all people, especially those with the fewest resources, have access to the opportunities they need to succeed in school and life. Based in Seattle, the foundation is led by CEO Patty Stonesifer and Co-chair William H. Gates Sr., under the direction of Bill and Melinda Gates and Warren Buffett.

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