Global Health Ideas

Finding global health solutions through innovation and technology

Non Profit Rx Venture: OneWorld Health

Its been a busy month for OneWorld Health (OWH), the first *non profit*
drug company in the US. OWH is dedicated to developing pharmaceuticals
for neglected diseases in developing counties. The first major event is that
they recieved their first drug approval last week for Visceral leishmaniasis.
They have faced many hurdles in starting this venture and getting to this
point, I highly encourage you check out their story. From their website,
they have a couple more drugs in
the pipeline:


Second, Dr. Victoria Hale, founder, recieved the $500,000 MacArthur
Genius Award. You can read more in this US News article.

Finally, The mainstream press has a related article covering a OWH project
with Amryis Biotechnologies to develvop a malaria compound. This piece
also discusses the business idelogy some non-profit funders are taking. Its
short on details, but a good summary.

I am sure there will be future entries on OWH and hopefully we will
have time to post a short interview from staff there.

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Written by thd

October 8, 2006 at 5:53 pm

Posted in Uncategorized

2 Responses

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  1. Hi! Definitely nice and neat site you got there.

    sveta

    February 1, 2008 at 12:08 pm

  2. Amyris Biotech just got another $20 Million in funding from one of the premier venture firms in Silicon Valley:

    “Mr. Melo stated, I am excited about this opportunity to join a company that is using cutting-edge tools in chemistry and biology to develop solutions for major world problems…’

    This is a big deal to get a major firm to front money for such innovation.

    http://www.americanventuremagazine.com/news.php?newsid=1758

    Anonymous

    October 16, 2006 at 6:05 pm


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