The Bill and Melinda Gates Foundation is giving $133 million to increase global access to medical advances, especially for women and children in developing countries, The Associated Press reports.
The grants are aimed at fighting “a troubling gap that is widening between the health status of the world’s rich and poor,” says Patty Stonesifer, the foundation’s co-chair and president.
The gifts include $50 million to Save the Children to provide neo-natal medical technologies. and $25 million to the Global Alliance for Tuberculosis Drug Development to advance treatments to fight the disease.
Grant money also will support the development of anti-malaria drugs through public-private partnerships; the development of a vaccine against hookworm; and the development of a vaccine against leishmaniasis, a parasitic disease the World Health Organization blames for half a million deaths each year.
The Seattle-based foundation said it has almost $22 billion in assets, AP reports.