
The Business of Giving
Exploring philanthropy, non-profits and socially motivated business, from the Gates Foundation to your donation. A fresh look at the economy of good intentions.
October 17, 2009 11:07 AM
Gates Foundation pours $115 million into new malaria drugs
Posted by Kristi Heim
By Sandi Doughton
Health experts around the globe were chilled earlier this year by the discovery that malaria in Cambodia has evolved resistance to the most promising drug in medicine's arsenal.
With the effectiveness of artemisinin under threat, the Bill & Melinda Gates Foundation is stepping up its investment in new malaria drugs with a $115 million grant to the Geneva-based Medicines for Malaria Venture. The grant brings the foundation's total funding for the group to $317 million.
Malaria has long been a top priority for the Gateses, who in 2007 took the controversial step of calling for eradication of the disease. Many experts question whether that will ever be possible, but foundation CEO Jeff Raikes recently said the world's biggest philanthropy is refocusing its malaria programs with the goal of eradication in mind.
The "E-word," which some malaria scientists utter with trepidation based on past failures, is repeated three times in MMV's four-paragraph press release on the new grant.
In February, MMV and drugmaker Novartis introduced a sweet-tasting version of the combination malaria drug Coartem for African children. The group is funding work on more than 50 drug candidates, ten of which are in clinical development.

general classifieds
Garage & estate salesFurniture & home furnishings
Electronics
just listed
Nikon D700 (Body Only) - As New Condition!
2001 SeaRay 380DA
AKC Chocolate Labrador Puppies
More listings
POST A FREE LISTING

- Madrona dad killed by a bullet as he drove through Central Area
- Matt Flynn has good day in Seahawks' 3-way QB competition
- Why dealing for Kellen Winslow makes sense for Seahawks | Steve Kelley
- Facebook messages trigger melee at Whitman Middle School
- Komen controversy hurting Race for the Cure
- Ex-boyfriend sought in death of Renton girl, 17
- Driver fatally shot in Central Area
- Brandon League looks out of his own for Mariners
- Opponents of gay-marriage law get unexpected aid: from Muslims
- Juror alternates' actions have court on red alert
- Opponents of gay-marriage law say they have enough signatures
873 - Mariners look to get back on winning track against Angels
475 - Madrona dad killed by stray bullet as he drove through Central Area
339 - Komen controversy hurting Race for the Cure
221 - Typical CEO made $9.6M last year, AP study finds
154 - Fact check: Ad exaggerates Obama's debt
99 - Seattle police twice face hostile crowds at scenes of violence crime
84 - The Seattle area's scandalous lack of adequate transit capacity
69 - May questions, volume seven
50 - Brandon League looks out of his own for Mariners
47
- Madrona dad killed by a bullet as he drove through Central Area
- Driver fatally shot in Central Area
- Facebook messages trigger melee at Whitman Middle School
- Downtown building fetches $55M, thanks to Amazon effect
- Opponents of gay-marriage law get unexpected aid: from Muslims
- Get a sitter — please — for these 10 great date-night restaurants | All You Can Eat
- Komen controversy hurting Race for the Cure
- Rescued teen tells author how story helped him survive
- Sounders FC salaries released for 2012 season | Sounders FC Blog
- 520 bridge builders pledge to look into beer drinking

October
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
| 1 | 2 | 3 | ||||
| 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 11 | 12 | 13 | 14 | 15 | 16 | 17 |
| 18 | 19 | 20 | 21 | 22 | 23 | 24 |
| 25 | 26 | 27 | 28 | 29 | 30 | 31 |
