- Lynn Eaton
- 1London
A leading research trust and a major drug company have launched a £90m (€100m; $150m) initiative to boost research into vaccines for diseases that are prevalent in low income countries.
The Wellcome Trust and Merck have announced that they will jointly fund the creation of a new laboratory, to be based in India, that will develop affordable vaccine technology.
The MSD Wellcome Trust Hilleman Laboratories will be based in India and will be equally funded by the two organisations, which will also share decision making rights in the venture. It will operate as a not for profit company, developing new vaccines and improving existing products.
Many …
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