Hot Life Science Investor Mandate 8: Global Health Organization Funds Diagnostics, Vaccines and Women’s Health

26 Nov

An international, nonprofit global health organization with more than 30 offices around the world acts as a bridging agent between the public and commercial sectors for the development of health technologies for use in low-resource settings.

The organization provides funding to selected technology development projects in the form of non-dilutive research grants to help reduce business risks and encourage critical private-sector investment. Size of funding is variable according to individual project’s needs and funding agency’s specifications. Proposals are generally solicited through request for proposal (RFP) sessions that are open to public and private entities.

The organization managed a portfolio of projects focused on appropriate technology solutions for the health needs of people living in low-resource settings. Areas of expertise include diagnostic technologies (with a special focus on point-of-care diagnostics), digital health solutions, health technologies for women and children, reproductive health technologies, new solutions for contraception and STI/HIV prevention, vaccine and pharmaceutical technologies, and water and sanitation technologies. The organization is working on a wide arrange of communicable disease areas including HIV, neglected tropical diseases, malaria, and tuberculosis, as well as non-communicable diseases including cervical cancer, breast cancer, diabetes, and hypertension. The fund generally avoids funding basic research and large clinical trials.

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