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United States : Gates Foundation gives $279 million for TB research
Publish Date : 16-Mar-2012
Microsoft billionaire Bill Gates and his wife are to give US$220 million (S$279 million) over five years to the non-profit biotechnology firm Aeras to develop vaccines to fight tuberculosis (TB), a company statement said on Thursday.
The Bill and Melinda Gates Foundation is donating the money to Aeras which from its bases in the United States (US) and South Africa has developed six possible TB vaccines that are being tested across Africa, Asia, Europe and America.
\'This infusion of funding must be seen as a global call to action in response to one of the world\'s deadliest diseases,\' said Jim Connolly, Aeras\'s president and chief executive, expressing gratitude for the massive grant.
\'It will allow Aeras to expand upon existing partnerships in Europe, Africa, China, and around the world.\'
