Pan African scientific body to finance research on new drugs – Xinhua

NAIROBI, June 28 (Xinhua) — The Nairobi-based African Academy of Sciences (AAS) will partner with foundations and academic institutions to finance research and development of new drugs aimed at tackling the continent’s high disease burden.

AAS said in a statement issued on Thursday that a partnership with University of Cape Town Drug Discovery and Development Centre (H3D), Medicines for Malaria Venture (MMV) and Bill & Melinda Gates Foundation will stimulate research on new drugs to treat diseases endemic in Africa.

“This partnership will benefit Africa by developing the capacity and augmenting efforts to discover and develop drugs for diseases that are prevalent on the continent and are otherwise affected by a market bias that has seen drug discovery efforts on the continent hampered,”…

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