The European Union and the Bill & Melinda Gates Foundation pledged in Paris today to cooperate in the fight against HIV/AIDS, tuberculosis, malaria and other poverty-related diseases that together affect more than 1 billion people worldwide.
“Our goal in this new partnership is to work together to develop at least one new and better health product per year. This will represent a big step forward for the millions who suffer from poverty-related diseases,” said EU Research, Science and Innovation Commissioner Máire Geoghegan-Quinn.
“With sufficient resources and political commitment, we can together improve the lives of millions before the end of this decade,” Foundation Co-Chair Bill Gates stated. “The foundation is completely committed to supporting efforts to develop life-saving products to help solve some of the world’s toughest problems. Partnership with the Commission and other funders is critical to the success of our common mission.”
Between 2007 and 2011, the Bill & Melinda Gates Foundation and the European Commission have contributed around 3.1 billion dollars to research and development focused on poverty-related infectious diseases. The new partnership will invest in research and development of life-saving interventions to improve the health and well-being of people living in developing countries. In addition to accelerating the development of much-needed drugs, vaccines and diagnostics, the two organizations will also seek to improve affordable and sustainable pathways to ensure that these products quickly reach those in greatest need.
- Press release
- Video of Paris signing event
- Memorandum of Understanding between European Commission and Bill & Melinda Gates Foundation
June 10, 2013