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National News Gates Foundation Grant Will Support Development of Topical HIV MedicationsApril 1, 2003 The Bill & Melinda Gates Foundation announced Monday it will give $60 million to the International Partnership for Microbicides, a nonprofit organization dedicated to speeding the development and distribution of topical means of preventing HIV transmission like foams or gels. The grant is the largest ever for microbicide research and development. IPM said that $500 million will be needed to bring a microbicide to market. IPM CEO Zeda Rosenberg said it now has "a meaningful down payment" toward development of an affordable drug to prevent HIV sexual transmission. "Several products are languishing at different stages of the development pipeline," Rosenberg said, "and a limiting factor in all cases is money." Development of microbicides is likely to fall in large part to nonprofit groups, experts say, because microbicides will be of most use to poor women in sub-Saharan Africa, a market that offers little profit potential to drug companies. New York Times 04.01.03; Stephanie Strom This article was provided by U.S. Centers for Disease Control and Prevention. It is a part of the publication CDC HIV/Hepatitis/STD/TB Prevention News Update. Visit the CDC's website to find out more about their activities, publications and services.
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