FC NOW: The Fast Company Weblog
December 13, 2004
A Nonprofit Pharmaceutical Company?
Yes. The Institute for OneWorld Health in San Francisco claims to the the first one in the U.S. Just today it received a $42.6 million five-year grant from the Bill and Melinda Gates Foundation to try to cure malaria.
Posted by Alan Deutschman at December 13, 2004 9:39 AM | Category: healthcare + medicine |
1 Comment
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Cool. The Gates are to be commended for their incredibly generous philanthropy; there are not enough people in the upper percentiles who make the effort to help those in the lowest percentiles in this manner.
I do wonder, though, whether OneWorld will be able to use open-source development as freely from this point forward in achieving their goals? I certainly hope so.