Gates Grant Funds Penny-Cures Against Neglected Tropical Ills

The Bill & Melinda Gates Foundation today will pump $34 million into a campaign against tropical diseases that can be cured with drugs that cost as little as 50 cents a person.

The Global Network for Neglected Tropical Diseases, an initiative of the Washington-based nonprofit Sabin Vaccine Institute, will use the grant to fight parasitic diseases that blind and disable the world’s poorest people. The grant will be announced at the World Economic Forum in Davos.

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