World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


UNITAID Approves Grants of Over $140 million

UNITAID Approves Grants of Over $140 million


Geneva – 13th December 2013. UNITAID’s Executive Board has approved over $140 million in new funding. The organisation remains committed to children living with HIV/AIDS and will continue funding treatment for almost 100,000 children in Malawi, Mozambique and Uganda. Additional investments have been targeted to further stabilize the paediatric HIV treatment market. UNITAID will also continue funding for existing projects to shape markets for HIV/AIDS, malaria and tuberculosis.

Funding of $30 million is provided for Malawi, Mozambique and Uganda for paediatric HIV treatment until 2015 and $12.6 million has been allocated to ensure better coordination for the paediatric HIV medicines market.

“More investment in paediatric HIV treatment is still needed, despite our huge success in creating incentives for companies to develop treatment for children living with HIV in low-income countries,” said Dr Philippe Douste-Blazy, Chairman of the UNITAID Executive Board. “Until the day when no child is born with HIV, UNITAID will remain committed to the right of children living with the virus to lead healthy, normal lives.”

One of UNITAID’s initial investments in 2006 was to develop paediatric HIV treatments for low-income countries. Now that price reductions of 80% have been achieved for child-friendly formulations, 37 countries previously supported by UNITAID have managed to successfully finance their own paediatric HIV programmes from other sources.

“The UNITAID commitments made today to Malawi, Mozambique and Uganda will enable these countries to have their funding transitioned to other sources in 2015,” said Dr Denis Broun, Executive Director of UNITAID.

Finally, UNITAID has approved a $50 million extension to the World Health Organization (WHO) Prequalification Programme for Medicines and Diagnostics, an essential service that guarantees quality drugs for low-income countries and opens their markets to low-cost generic producers.

ends

© Scoop Media

 
 
 
 
 
World Headlines

 

Whaling: Japan’s Institute for Cetacean Research In Defiance Of World Court Ruling

The ICR Today Filed Court Briefs Stating They Intend to Return to Antarctica to Hunt Whales in 2015-2016; Will Seek to Enjoin Other Sea Shepherd Entities from Obstructing Their Operations More>>

Ukraine: UN Urges 'Maximum Restraint' Amid Situation In East Ukraine

Deeply concerned by the deteriorating situation in eastern Ukraine, United Nations Secretary-General Ban Ki-moon has called for maximum restraint and appealed to all sides to work towards calming the situation, which has the 'growing potential' to ... More>>

United Nations: Children Can Now Lodge Complaints With The UN

GENEVA (14 April 2014) – United Nations child rights experts have hailed a new treaty that allows children to complain directly to the UN Committee on the Rights of the Child about alleged violations of their rights. More>>

India: Election But A Ritual In Nation Lacking Rule Of Law

The Asian Human Rights Commission (AHRC) congratulates the people of India for their participation to elect the 16th Lok Sabha. The process has attracted, as usual, considerable media attention across the world. Media claims the process to be 'the largest democratic ... More>>

Solomon Islands: Thousands Remain Affected After Flash Floods

An estimated 52,000 people remain affected in the worst-hit areas of Honiara and greater Guadalcanal following last week’s devastating floods which killed at least 23 people. More>>

ALSO:

World: Some 437,000 People Murdered Worldwide In 2012 - UN

Almost half a million people across the world lost their lives in 2012 as a result of intentional homicide, with the highest murder rates logged in the Americas and Africa, and the lowest in Europe, Asia and Oceania, the United Nations Office on ... More>>

Central African Republic:: Security Council Establishes UN Peacekeeping Mission

Deeply concerned about the deteriorating security situation and ongoing human rights abuses in the Central African Republic (CAR), the Security Council today approved the establishment of a nearly 12,000-strong United Nations peacekeeping operation ... More>>

ALSO:

Parliament: NZ Sending Aid Flight To Solomons

Foreign Affairs Minister Murray McCully has announced further support for the response to severe flooding in Solomon Islands. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
World
Search Scoop  
 
 
Powered by Vodafone
NZ independent news