BioCentury
ARTICLE | Company News

Bill & Melinda Gates Foundation, Grand Challenges Canada diagnostics news

January 2, 2012 8:00 AM UTC

The not-for-profits provided over $31 million in grants to fund projects for point-of-care diagnostics in the developing world through the Grand Challenges in Global Health program. The grants are part of the program's Point-of-Care Diagnostics Initiative, an R&D program that seeks to create platforms that enable high-quality, low-cost diagnosis of disease and facilitate sustainable markets for diagnostic products in developing countries. The Gates Foundation provided $21.1 million through 12 grants, while Grand Challenges Canada provided C$10.8 million ($10.4 million) through 10 grants. ...