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Millions given to Aids research
10/10/2007 21:27 - (SA)
Cape Town - Research into a vaccine for AIDS, which is devastating in parts of southern Africa, got a boost following a $100m initiative launched by the Bill and Melinda Gates Foundation.
The money, to be disbursed in grants over five years, beginning from 2008, will promote research into diseases afflicting poor countries, like AIDS and malaria, said a statement on the Foundation's website on Wednesday after a meeting of global health researchers in Cape Town.
Dubbed Grand Challenges Explorations, the initiative would seek to "encourage scientists worldwide to explore creative, unorthodox ideas", it said.
"The new initiative ... will support hundreds of early-stage research projects, many pursuing ideas that have never before been tested, and involving scientists from a wide range of disciplines."
The focus was the development of vaccines, diagnostic tools and drugs for diseases that claim millions of lives every year.
The Foundation was created by multi-billionaire Microsoft founder Bill Gates and his wife Melinda to improve healthcare and reduce extreme poverty.
- SAPA
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