Commentary & Opinion
Newly Created Institute "Rare Bit of Good News" In HIV/AIDS Vaccine Efforts, Editorial Says
March 30, 2009
Although former President George W. Bush "made an ambitious new commitment to the global fight against AIDS," and Congress in 2008 "authorized billions in new spending," lawmakers and philanthropists "will retreat" as the current economic recession continues, a Providence Journal editorial says. So it "comes as a rare bit of good news" that Phillip Ragon -- founder of the software company InterSystems Corp. -- is "giving $100 million of his own to the quest for an AIDS vaccine," the Journal says. Ragon "will allocate his gift in $10 million annual installments over 10 years" to the newly formed Ragon Institute -- a collaboration between Massachusetts General Hospital, the Massachusetts Institute of Technology and Harvard University -- the Journal continues, adding that the three groups will "join in an effort to find new approaches" to an HIV/AIDS vaccine.
This article was provided by Henry J. Kaiser Family Foundation. It is a part of the publication Kaiser Daily HIV/AIDS Report. Visit the Kaiser Family Foundation's website to find out more about their activities, publications and services.