GHIT Fund puts forward new money for Phase III malaria candidate
The Global Health Innovative Technology (GHIT) Fund has announced an investment of approximately $8.8 million for the development of new drugs for malaria and Chagas disease.
The GHIT Fund is an international public-private partnership between the Japanese government and various drugmakers and non-profits, including Astellas (TYO: 4503), Chugai, Eisai (TYO: 4523), Daiichi Sankyo (TYO: 4568) and Takeda (TYO: 4502).
Non-governmental organizations taking part in the program include the Bill & Melinda Gates Foundation, Wellcome Trust, and the United Nations Development Program.
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