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Japanese Fund Moves Quickly to Invest in Promising Technology Against Malaria, Tuberculosis And Chagas Disease
Date:11/7/2013

TOKYO and NEW YORK, Nov. 7, 2013 /PRNewswire-USNewswire/ -- The Global Health Innovative Technology Fund (GHIT Fund), a new public health partnership that is bringing Japanese know-how and investment to the global fight against infectious diseases, announced today grants of US$5.7 million to six global partnerships working on innovative drugs and vaccines against malaria, tuberculosis and Chagas disease.

"Our six new investments in potential treatments for malaria, tuberculosis and Chagas disease, infections that afflict roughly one in seven of our world's population, are a definitive step forward for, and a clear exemplification of, Japanese innovation and its application to global health," said Dr. BT Slingsby, the CEO and executive director of the GHIT Fund. 

"By ending the vicious cycle of infections, poverty and destabilized communities, new drugs and vaccines for the poorest people in the world can bring stability and build new markets around the world," said Dr. Kiyoshi Kurokawa, the chair of the board of the GHIT Fund.

For malaria, a disease that sickens more than 200 million people each year and kills more than 650,000, the GHIT Fund will fund four new research and development (R&D) investments. The first is with the Research Institute for Microbial Diseases (RIMD) at Osaka University, in partnership with the Medical Center for Translational Research, Osaka University Hospital and Gulu University in Uganda, for roughly US$735,000 to test their newly formulated BK-SE36 malaria vaccine. A recently published study revealed that the vaccine showed efficacy against severe malarial infections, making it a promising malaria vaccine candidate. In the initial trials in a malaria-prone region of Uganda, however, many vaccinated adult individuals failed to generate a strong
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SOURCE Global Health Innovative Technology Fund (GHIT Fund)
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