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daily : 2017-01-04 & on time : 13:32
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Intarcia receives $140m from Gates Foundation for needle-free HIV tech
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The Gates Foundation has invested $140m in Intarcia Therapeutics Inc to develop the biotech's needle-free delivery pump for use with an HIV prophylactic therapy.Intarcia is a Boston biotech which has manufactured an osmotic pump for controlled subdermal drug delivery – the ITCA 650 – using the firms proprietary Medici addiction Delivery System.The device is designed to replace the need for daily needle injections, with placement of the pump only requiring a 15-minute procedure every 6 months.
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Bill & Melinda Gates Foundation To Give $140M For Worldwide HIV Prevention Device
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HIV prevention gets a brighter future with Bill & Melinda Gates Foundation.The charity promises $140 million to fund a matchstick-sized device to prevent HIV infection on the vulnerable.HIV Prevention: Developed addiction Could Help People From sub-Saharan AfricaThe Bill & Melinda Gates Foundation plans to invest fund the project of Intarcia Therapeutics Inc.
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Gates Foundation to invest up to $140M in HIV prevention device
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The Bill & Melinda Gates Foundation is investing as much as $140 million to support development of a tiny implantable drug pump it believes could help prevent people in sub-Saharan Africa and elsewhere from becoming infected with HIV, the virus that causes AIDS.The matchstick-size pump is being developed by Intarcia Therapeutics Inc., a closely held Boston biotechnology company.It can hold six or 12 months' supply of medicine and is designed to deliver microdoses continuously to patients, ensuring they stay on the treatment.
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Bill Gates Foundation Funded A $140-M Project In HIV Prevention Implants : Science : iTech Post
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Bill Gates Foundation Funded A $140-M Project In HIV Prevention ImplantsMicrosoft creator Bill Gates' charity foundation has devoted a huge amount to fund further the research for HIV-preventing drug implants and other cause that can prevent HIV outbreak.The Bill and Melinda Gates Foundation is funding up to $140 million for the groundbreaking new tech, which could revolutionize HIV prevention.Now, prevention drugs are accessible as a pill that, if taken daily, can immensely reduce a person's chances of being infected with HIV.
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