Bill and Melinda Gates Foundation donates funds for malaria-related initiatives.
By Priya Ganapati
October 31, 2005
The latest grants bring the total spending on malaria-related initiatives by the Gates Foundation to about $718 million since its inception in 1998, the foundation said Monday. Two of the grants will be spent over five years and the third will be disbursed over six years.
The grants will cement the Gates Foundation’s position as one of the leaders in the fight against malaria.
Global funding in 2004 for malaria research and development totaled $323 million, according to a study by the Malaria R&D Alliance, an international coalition of malaria research groups. The U.S. National Institute of Allergy and Infectious Diseases and the Gates Foundation accounted for 49 percent.
The
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