Novel Charity Expected to Bring New Drug to Market
July 31, 2006 | Read Time: 1 minute
The Institute for OneWorld Health, in San Francisco, is expected to receive the Indian government’s approval this fall for use of a drug that may cure black fever, the first time a charity has succeeded in bringing a drug to market, reports The New York Times.
The organization’s unusual mission is to treat or cure diseases that disproportionately affect the world’s poor by developing drugs whose patents have expired or whose commercial creators are not manufacturing them because there is no lucrative market.
Read an article in The Chronicle of Philanthropy about the group’s chief executive. (A paid subscription is required to view the Chronicle article.)
