GHIT secures $200M for next phase

The Global Health Innovative Technology (GHIT) Fund (Tokyo, Japan), a public-private partnership spearheaded by the Japanese government to fight neglected infectious diseases, said it has secured $200 million to fund its next five years of operation. The funding includes $130 million pledged by the Japanese government last year.

The Bill & Melinda Gates Foundation, the Wellcome Trust and undisclosed private companies have also backed GHIT. The fund received $100 million during its first phase, beginning in April 2013...