Tokyo- A Japanese foundation will try to find innovative approaches for neglected infectious diseases with great challenge.
The Global Health Fund Innovative Technology (Ghit) announced that it would invest up to $ 1 million per candidate "for development at an early stage of radically new and improved drugs, vaccines or diagnoses to prevent and treat infectious diseases that are prevalent in developing countries. "
The challenge is modeled on, and being coordinated with Major Programme Challenges of the Bill & Melinda Gates Foundation, which high-risk supports high gain approaches to solving health and global development issues.
the challenge of Ghit, however, has some unique twists. applicants must be partnerships between Japanese entities and non-Japanese. "If you look at the Grand challenge portfolio [grants] right now, it n 'there really is not much out of Japan, our role is to tap into the innovative capabilities here in Japan, "said executive director Ghit BT Slingsby. the fund also sees the program extending its current efforts, which support the work preclinical and clinical on promising drugs for neglected diseases using the resources and capabilities Japanese challenge. the new Grand challenge "is to go even further upstream 'to support the work at an early stage of promising targets that could eventually enter the development pipeline funded more generously Ghit.
They are going to be selective, picking up two, three, or four projects a year and support for 2 years or more in the hope that they will then ready for the next step in development. Slingsby said they expect to allocate approximately $ 2 million in grants each year, he believes to be sufficient for ideas at an early stage they look.
Ghit was created in April 2013 and is supported by the Japanese government, six major Japanese pharmaceutical companies, and the Gates Foundation. The fund aims malaria, tuberculosis, Chagas disease, visceral leishmaniasis and other diseases that afflict the poor in developing countries.
Slingsby told Grand Challenge program will be coordinated with the efforts of the Gates Foundation and other organizations working on neglected diseases "to make sure that we find the most innovative things out there and we do are not repetitive. "
Applications are open from today; the first round of winners will be announced in August
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