19 October
Medicines for Malaria Venture (MMV, Geneva, Switzerland) - a not-for-profit public-private partnership- has received its fifth and largest grant from the Bill & Melinda Gates Foundation. The grant will fund MMV's R&D pipeline to the tune of an additional $115 million over the next 5 years. The award brings the venture's cumulative funding - from government agencies, private foundations, international organizations, and corporate foundations - to $470 million.
MMV employs the whole gamut of drugs and healthcare devices in its plight to eradicate malaria, from vaccines and diagnostics to insecticide-treated bed-nets.
Dr Timothy Wells, MMV’s CSO commented on the Gates award: “This funding arrives at a critical time for us. Over the last few months, with our partners we have launched a high-quality antimalarial designed specially for children (Coartem Dispersible), submitted another antimalarial to the EMEA for regulatory approval (Eurartesim), and are in the process of collating the regulatory dossier for a third antimalarial (Pyramax). [But] with the emergence of resistance to Artemisinin in Cambodia, it’s clear that the ambitious goal of malaria eradication will require a wide range of new medicines."
Fierce Females in the Life Science Space
March 29th 2024In this week’s episode, in recognition of international women’s month, Editor Miranda Schmalfuhs has compiled audio clips from interviews with female KOLs that she's been fortunate enough to speak with over this past month for content across a few of our brands.