Drug Discovery and Development

  • Home Drug Discovery and Development
  • Drug Discovery
  • Genomics/Proteomics
  • Oncology
  • Neurological Disease
  • Infectious Disease
  • R&D 100 Awards
  • Pharma 50
    • 2022 Pharma 50
    • 2021 Pharma 50

Gates Foundation to Help Fund Anti-HIV Implant R&D

By Ryan Bushey | January 6, 2017

The Bill & Melinda Gates Foundation is expanding its efforts to find a cure for HIV with a new partnership.

The philanthropic organization will invest $140 million in Intarcia Therapeutics, a Boston-based biotech company, to help the firm create an under-the-skin implant that will continuously deliver a stream of anti-HIV drugs in 6 or 12 month batches, according to Engadget.

“There’s a vital need for an HIV/AIDS intervention that allows those at risk to incorporate prevention more easily into their daily lives. We feel optimistic about our partnership with Intarcia and the prospect of an implantable prophylactic device that could make a world of difference for people most in need,” said Sue Desmond-Hellmann, CEO of the Bill & Melinda Gates Foundation in a statement.

Intarcia developed an alternative of this pump to treat type 2 diabetes, which aims to eliminate the need for arduous daily or weekly injections therefore boosting adherence. A new drug application for this device was submitted to the FDA in November.

However, the development process for the HIV-oriented prototype could take a number of years.

Intarcia’s team needs to search for the best drug to use in this device while also passing all of the necessary regulations in order to get the product to patients in Sub-Saharan Africa and similar countries where the virus is a persistent issue.

The Gates Foundation will initially provide $50 million upfront while an estimated $90 million will be allocated to the company once the invention hits certain milestones.


Filed Under: Drug Discovery

 

Related Articles Read More >

Takeda Pharmaceutical in the Drug Discovery & Development Pharma 50
Takeda’s Takhzyro fares well in pediatric hereditary angioedema study
Novartis in the Pharma 50
Novartis to cut up to 8,000 positions
Gilead Sciences in the Drug Discovery & Development Pharma 50
Gilead resubmits application to FDA for twice-yearly HIV drug lenacapavir
George Floyd mural
How the pandemic and George Floyd made clinical trial diversity a priority

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.

Need Drug Discovery news in a minute?

We Deliver!
Drug Discovery & Development Enewsletters get you caught up on all the mission critical news you need. Sign up today.
Enews Signup
Drug Discovery and Development
  • MASSDEVICE
  • DEVICETALKS
  • Medical Design & Outsourcing
  • MEDICAL TUBING + EXTRUSION
  • MEDTECH 100
  • Medical Design Sourcing
  • Subscribe to our Free E-Newsletter
  • Contact Us
  • About Us
  • Advertise With Us
  • R&D World
  • Drug Delivery Business News
  • Pharmaceutical Processing World

Copyright © 2022 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search Drug Discovery & Development

  • Home Drug Discovery and Development
  • Drug Discovery
  • Genomics/Proteomics
  • Oncology
  • Neurological Disease
  • Infectious Disease
  • R&D 100 Awards
  • Pharma 50
    • 2022 Pharma 50
    • 2021 Pharma 50