Gates: $258 million for malaria research

October 31, 2005

The Bill and Melinda Gates Foundation has given $258 million in malaria research grants.
The foundation says malaria kills an estimated 2,000 African children each day and takes the lives of more than 1 million people worldwide annually.

"For far too long, malaria has been a forgotten epidemic," said Microsoft Chairman Bill Gates, co-founder of the Gates Foundation. He called it "a disgrace that the world has allowed malaria deaths to double in the last 20 years."

The Seattle-based foundation -- the world's largest philanthropic foundation -- will soon spend more money than the U.S. government for malaria research.

The largest grant, for $107.6 million, was awarded the Seattle-based PATH Malaria Vaccine Initiative to work with GlaxoSmithKline Biologicals to complete testing and licensing of the most advanced malaria-vaccine candidate. A trial last year in Mozambique found the vaccine reduced severe malaria by 58 percent in children ages 1 to 4.

The Gates Foundation also awarded $100 million to the Geneva-based Medicines for Malaria Venture to develop new treatments; and $50.7 million to the Innovative Vector Control Consortium to develop improved insecticides and other mosquito-control methods.

Copyright 2005 by United Press International


Rank not rated yet
Tags

Relevant PhysicsForums posts

More news stories

Employers feel no love for unscrupulous practice of 'service sweethearting'

A new study led by two Florida State University marketing professors finds that some frontline service employees who are rewarded for hikes in customer loyalty and satisfaction also may engage in "service ...

Other Sciences / Economics & Business

created 21 hours ago | popularity 4 / 5 (1) | comments 7

Sonic Cradle lands spot in TED exhibition

A Simon Fraser University graduate student project that melds music, meditation and modern technology has landed a rare spot as an exhibit at TEDActive 2012 in Palm Springs, California this month.

Other Sciences / Other

created 23 hours ago | popularity not rated yet | comments 0

A frank discussion of the power law and linking correlation to causation

(PhysOrg.com) -- Michael Stumpf a mathematics professor at Imperial College in London, and Mason Porter a lecturer at Oxford have teamed together to write and publish a perspective piece in Science regarding the in ...

Other Sciences / Mathematics

created Feb 10, 2012 | popularity 5 / 5 (5) | comments 8 | with audio podcast report

US workers are 'giving away the store,' costing firms billions

Nearly 70 percent of the nation's service employees give away free goods and services – from hamburgers to cable TV – costing companies billions of dollars a year, according to a groundbreaking study.

Other Sciences / Economics & Business

created Feb 09, 2012 | popularity 3.3 / 5 (3) | comments 10

New insights into how to correct false knowledge

The abundance of false information available on the Internet, in movies and on TV has created a big challenge for educators.

Other Sciences / Social Sciences

created Feb 07, 2012 | popularity 4.9 / 5 (7) | comments 9 | with audio podcast


Walney offshore wind farm is world's biggest (for now)

(PhysOrg.com) -- The Walney wind farm on the Irish Sea--characterized by high tides, waves and windy weather--officially opened this week. The farm is treated in the press as a very big deal as the Walney ...

GPS court ruling leaves US phone tracking unclear

A US Supreme Court decision requiring a warrant to place a GPS device on the car of a criminal suspect leaves unresolved the bigger issue of police tracking using mobile phones, legal experts say.

Anonymous briefly knocks CIA website offline (Update 2)

The website of the Central Intelligence Agency was briefly inaccessible on Friday after the hacker group Anonymous claimed to have knocked it offline.

Study finds that anti-diabetic medication can prevent the long-term effects of maternal obesity

In a study to be presented today at the Society for Maternal-Fetal Medicine's annual meeting, The Pregnancy Meeting, in Dallas, Texas, researchers will report findings that show that short therapy with the anti-diabetic medication ...

Europe stakes billion-dollar bet on new rocket

A pencil-slim rocket is scheduled to lift into space from South America on Monday, carrying a billion-dollar bet that Europe can grab a juicy slice of the market to place satellites in low orbit.

Netflix settlement trims 14 pct off 4Q earnings

(AP) -- Netflix pressed the rewind button on its fourth-quarter earnings after settling allegations that the video subscription service violated a consumer-privacy law.