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China Earmarks $1.5 Billion To Develop Drugs Against Infections

This article was originally published in PharmAsia News

Executive Summary

Chinese authorities have set aside $1.5 billion to encourage research and development on new drugs to control infectious diseases. A spokesman for the Ministry of Health said the funds are aimed at projects covering more than a thousand research topics by the year 2010. Fund recipients would be encouraged to develop new drugs against AIDS, hepatitis and other infectious diseases. The diseases are among the five maladies that accounted for 94 percent of deaths from infectious diseases in November. (Click here for more



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