The Global Health Innovative Technology (GHIT) Fund and United Nations-backed Medicines Patent have signed a Memorandum of Understanding (MOU) to strengthen their collaboration to improve access to medicines.
The Japan-based GHIT Fund is a public-private partnership that was formed between the government of Japan, multiple pharmaceutical companies, the Bill & Melinda Gates Foundation, Wellcome, and the United Nations Development Program.
It has invested in the research and development of drugs, vaccines and diagnostics to manage and address infectious diseases such as tuberculosis, malaria and neglected tropical diseases (NTDs), which are highly prevalent in low- and middle-income countries (LMICs).
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