07.30.06
Gates Foundation gives $287 million for AIDS vaccine research
The Bill & Melinda Gates Foundation announced July 19 it’s awarding $287 million in grants over five years to create an international network of scientists to speed up the development of an AIDS vaccine.
The collaboration is critical to making HIV vaccine development more efficient, said the Gates Foundation’s Dr. Nicholas Hellmann. “Unfortunately, developing an effective HIV vaccine has proven to be tremendously difficult, and despite the committed efforts of many researchers around the world, progress simply has not been fast enough.” Hellmann acknowledged that an effective vaccine may still be 10 years away.