BIO Launches BIO Ventures for Global Health with Initial Grant from Bill & Melinda Gates Foundation
New nonprofit will facilitate biotech investment in neglected diseases
SAN FRANCISCO -- The Biotechnology Industry Organization (BIO) today announced the launch of BIO Ventures for Global Health (BVGH), a new nonprofit organization that will work to enlist the biotechnology industry in the fight against neglected diseases. BVGH has received a $1 million start-up grant from the Bill & Melinda Gates Foundation.
The complete announcement can be viewed on the BVGH Web site.