BiografricaBiografrica
  • Nominate
  • African Of The Month
  • Hero In History
  • Features
  • Top Rated
  • Events
  • News
  • Sectors
    • Business
    • Governance
    • Education
    • Leadership
    • Diplomacy & Human Rights
    • Technology
    • Art & Culture
    • Entertainment
    • Health & Wellbeing

Subscribe to Updates

Get the latest updates from Biografrica

What's Hot

Vodacom Witnesses a 14.8% Increase in Group Revenue in Q4 2022

January 31, 2023

Nigerian equities are on the road to nowhere without currency reform

January 31, 2023

Patriarchal Domination: Why Hichilema’s Marriage Advice is Problematic and Dangerous

January 31, 2023
Facebook Twitter Instagram YouTube
BiografricaBiografrica
  • Nominate
  • African Of The Month
  • Hero In History
  • Features
  • Top Rated
  • Events
  • News
  • Sectors
    • Business
    • Governance
    • Education
    • Leadership
    • Diplomacy & Human Rights
    • Technology
    • Art & Culture
    • Entertainment
    • Health & Wellbeing
Facebook Twitter Instagram YouTube
BiografricaBiografrica
You are at:Home»Innovation & Technology»TB R&D Funding surpasses US$1 Billion, But Falls Short of Goals
Innovation & Technology

TB R&D Funding surpasses US$1 Billion, But Falls Short of Goals

Anthony EghoborBy adminDecember 6, 2022No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter Pinterest WhatsApp Email

For the first time in history, funding for tuberculosis (TB) research and development (R&D) hit a billion dollars worldwide in 2021. This marked a significant milestone that nonetheless falls significantly short of what’s needed to stay on track to end TB, according to a new report released today by Treatment Action Group (TAG) and the Stop TB Partnership.

The report Tuberculosis Research Funding Trends, 2005–2021 highlights that despite reaching US$1 billion in spending, funding for TB R&D is a mere fraction of what’s needed to achieve the United Nations sustainable development goal of ending TB as a pandemic by 2030. Every day, 4400 people continue to die from TB, a treatable and curable airborne infectious disease.

“We’re proud that two decades of activism and scientific advances have led to this unprecedented level of funding for TB research,” said TAG Executive Director Mark Harrington, “but we remain disappointed at the pandemic inequity that holds back progress on TB diagnosis, prevention, and treatment. This number must grow to US$5 billion per year.”

To meet the 2030 deadline, governments and duty bearers must commit more resources to the fight. The United Nations High-Level Meeting on TB in 2018 set the target of US$2 billion per annum for R&D. After years of chronic underinvestment and devastating disruptions caused by COVID-19, the Stop TB Partnership’s Global Plan to End TB,
2023–2030
 estimates the funding need for TB R&D to have gone up to US$5 billion per annum.

“I don’t want to celebrate anything. We have reached US$1 billion, but this is far from what is needed to make a serious difference without the US$5 billion annually as outlined in the Global Plan to End TB, 2023–2030,” said Dr. Lucica Ditiu, Executive Director of the Stop TB Partnership. “We should put fundraising efforts in motion and identify smart financing approaches to advance research, develop point-of-care diagnosis, deliver shorter treatments, and get a new TB vaccine by the end of 2025.”

The report reveals that TB R&D funding increases in 2021 were driven mostly by investments in operational and epidemiology research and in diagnostics development.

Seventy percent of TB R&D funding came from public entities, with the U.S. National Institutes of Health providing the largest single allocation at US$354 million. However, none of the G7 countries have met their fair share target (defined as 0.1% of overall R&D spending going toward TB research,) with only three countries surveyed—Ireland, the Philippines and South Africa—meeting this benchmark.

Philanthropic spending reached US$140 million worldwide, with 81% coming from the Gates Foundation. Private sector funding lagged at US$102 million, well below its peak of US$145 million a decade ago.

Concerningly, a mere 12 percent of overall spending was on TB vaccines. Without new vaccines against TB, the epidemic will not be stopped. Developing and delivering new TB vaccines in the next decade is within grasp—on the precondition that adequate financing for research is made available without delay.

The billions needed to mount a robust global TB response exceed what’s been invested in TB to date, but they’re little more than a rounding error compared to investments made on SARS-CoV-2 R&D in the past three years.

“TB is an airborne disease. That means if I’m at risk, you’re at risk,” said Stephen Anguva Shikoli, the National Coordinator of the Kenya Network of TB Champions and Director of Pamoja TB Group. “If we have new innovations, if we have new tools, if we have [a] new vaccine, we will be able to reduce delays in diagnosis and TB deaths around the world.”

Read more…

Anthony Eghobor
admin
  • Website

Related Posts

Vodacom Witnesses a 14.8% Increase in Group Revenue in Q4 2022

By adminJanuary 31, 2023

Ghana Stages the Ground for AfCTA Secratariat’s Event to Reduce African Trade Barriers

By adminJanuary 31, 2023

Vertiv Inaugrates an Expansion of its Factory in Ras Al Khaimah

By adminJanuary 30, 2023

Mastercard Partners EazyPay to Transform Online Transactions

By adminJanuary 30, 2023
Add A Comment

Leave A Reply Cancel Reply

You must be logged in to post a comment.

Don't Miss

Vodacom Witnesses a 14.8% Increase in Group Revenue in Q4 2022

By adminJanuary 31, 2023

Vodacom Group has announced its trading update for the quarter that ended 31 December 2022.…

Nigerian equities are on the road to nowhere without currency reform

January 31, 2023

Patriarchal Domination: Why Hichilema’s Marriage Advice is Problematic and Dangerous

January 31, 2023

Zimbabwean Female Journalists Barred From “Revealing Clothes” During Belarus President’s Visit

January 31, 2023
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks

Vodacom Witnesses a 14.8% Increase in Group Revenue in Q4 2022

By adminJanuary 31, 2023

Nigerian equities are on the road to nowhere without currency reform

By adminJanuary 31, 2023

Patriarchal Domination: Why Hichilema’s Marriage Advice is Problematic and Dangerous

By adminJanuary 31, 2023

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Subscribe to Updates

Get the latest updates from Biografrica

Demo
About Us
About Us

At Biografrica, we celebrate outstanding Africans who have attained great heights worthy of emulation. We call them our AFRICAN OF THE MONTH. Each month, we celebrate that one African (as nominated by our readers) who has differentiated themselves with outstanding achievements and sacrifices to make Africa proud, better other Africans and humanity in general.

Our Picks

Vodacom Witnesses a 14.8% Increase in Group Revenue in Q4 2022

January 31, 2023

Nigerian equities are on the road to nowhere without currency reform

January 31, 2023

Patriarchal Domination: Why Hichilema’s Marriage Advice is Problematic and Dangerous

January 31, 2023
Subscribe to our newsletter and updates
Loading
Facebook Twitter Instagram YouTube
  • About Us
  • Nominate
  • Write For Us
  • Advertise
  • Contact Us
  • Create Account
  • Terms & Conditions
  • Privacy Policy
© 2023 - biografica.com. All rights reserved.

Type above and press Enter to search. Press Esc to cancel.