Follow breaking news @lgbtqnation

Obama announces $100 million HIV research initiative

Monday, December 2, 2013

WASHINGTON — President Barack Obama announced a new initiative at the National Institutes of Health in pursuit of a cure for HIV, saying his administration is redirecting $100 million into the project to find a new generation of therapies.

“The United States should be at the forefront of new discoveries into how to put HIV into long-term remission without requiring lifelong therapies, or better yet, eliminate it completely,” Obama said.

Evan Vucci, APPresident Barack Obama gestures while speaking at a world AIDS Day event, Monday, Dec. 2, 2013, in the South Court Auditorium on the White House complex in Washington.

Evan Vucci, AP
President Barack Obama gestures while speaking at a world AIDS Day event, Monday, Dec. 2, 2013, in the South Court Auditorium on the White House complex in Washington.

Obama made the announcement Monday at a White House event marking World AIDS Day, which was Sunday – and as health leaders and philanthropists gathered in Washington to determine how to replenish the major global health fund that combats AIDS and two of the world’s other leading killers in low-income countries.

Obama pledged that the U.S. would contribute up to $5 billion over the next three years to The Global Fund to Fight AIDS, Tuberculosis and Malaria – as long as other countries do their part and contribute $10 billion. The U.S. matches contributions to the Geneva-based Global Fund on a 1-to-2 funding ratio set by Congress.

“Don’t leave our money on the table,” Obama said Monday.

Advertisement
The Global Fund is trying to raise $15 billion to cover its programs from 2014 to 2016. The fund supports HIV therapy for more than 5 million people, as well as treatments for tuberculosis and malaria, and the distribution of insecticide-treated bed nets.

Also Monday, billionaire Bill Gates said he planned to nearly double his foundation’s contribution to this next round of the Global Fund, to $500 million. Gates had already pledged $300 million, but told a small group of reporters at the National Institutes of Health that he would match an additional $200 million from private sources in an effort to draw in new donors.

Gates donned a biohazard suit and respirator for a close-up look at how NIH scientists are hunting new therapies for increasingly drug-resistant tuberculosis. He emerged from the laboratory energized about promising candidates – but with a sober message for policymakers: Defeating global killers like TB and AIDS requires adequate funding of both the delivery of today’s treatments and the research required for better ones.

“We’re deeply disappointed” in cuts to the NIH’s budget, Gates said.

Earlier this year, NIH lost $1.5 billion of its $31 billion budget to automatic spending cuts known as the sequester, after years of budgets that didn’t keep up with inflation. NIH is scheduled to lose another $600 million from a second round of sequester cuts set to take effect next month. That in turn limits how much the NIH can devote to different diseases.

“Investing in research has huge paybacks,” Gates said.

© 2013, Associated Press, All Rights Reserved.
This material may not be published, broadcast, rewritten, or redistributed.
Share this article with your friends and followers:

Archives: , , ,

Filed under: National Headlines, [ Editor's Picks ]

25 more reader comments:

  1. Look at that. Money actually allocated to a real cause.

    Posted on Monday, December 2, 2013 at 7:44pm
  2. whar are my sploshits in duh desert WHAR

    Replied on Monday, December 2, 2013 at 7:53pm
  3. and people like you STILL bitch...amazing.

    Replied on Monday, December 2, 2013 at 7:55pm
  4. Sigh. . .

    And our prime minister didn’t even mention it.

    Posted on Monday, December 2, 2013 at 7:45pm
  5. Wow!

    Posted on Monday, December 2, 2013 at 7:45pm
  6. But didn’t they already find one? Was it not accepted because the right people wouldn’t profit enough from it? I read that they might make it available by 2014…

    Posted on Monday, December 2, 2013 at 7:47pm
  7. yes there is already a cure for it. but its still got to go though a 4 year human test for it.

    Replied on Monday, December 2, 2013 at 7:55pm
  8. A good bit of supposition there: IINM, no retrovirus nor filovirus (where both HIV, Influenza, and Ebola respectively belong) has EVER had a "cure." By their very nature, it's damn near impossible to cure them, because they can so easily adapt the way they interact with human cells during incubation. I'm not saying that greed hasn't impeded the process, I'm sure it has. But to go around definitively claiming that "there's a cure!" but "they" won't let it out, is disingenuous at best.

    Replied on Tuesday, December 3, 2013 at 4:00am
  9. wow! sharing!!

    Posted on Monday, December 2, 2013 at 7:49pm
  10. Posted on Monday, December 2, 2013 at 7:58pm
  11. That’s awesome…. But where’s the money coming from?

    Posted on Monday, December 2, 2013 at 8:01pm
  12. Not enough…

    Posted on Monday, December 2, 2013 at 8:03pm
  13. in other news, billions & billions go into private arms & secret wars..

    Posted on Monday, December 2, 2013 at 8:03pm
  14. (Y)

    Posted on Monday, December 2, 2013 at 8:29pm
  15. Should be even more$

    Posted on Monday, December 2, 2013 at 10:07pm
  16. Hopefully one day soon we will have a cure for HIV and aids and cancers and all these awful diseases

    Posted on Tuesday, December 3, 2013 at 12:25am
  17. Ask Magic where he git HIS cure from. Maybe he can share the “wealth”?

    Posted on Tuesday, December 3, 2013 at 1:15am
  18. Maybe Ronald Reagan should have done this when he was office.

    Posted on Tuesday, December 3, 2013 at 2:52am
  19. Posted on Tuesday, December 3, 2013 at 3:04am
  20. Posted on Tuesday, December 3, 2013 at 3:05am
  21. Aids day is on my birthday…. Awesome

    Posted on Tuesday, December 3, 2013 at 3:35am
  22. Thank you!

    Posted on Tuesday, December 3, 2013 at 5:36am
  23. Thank you mr president sincerely!

    Posted on Tuesday, December 3, 2013 at 5:36am
  24. Yay more loaned money from china

    Posted on Tuesday, December 3, 2013 at 7:23am
  25. Stand by our leader! A leader who stands for all citizens. He has NOT forgotten those oppressed. NOW IT’S TIME TO STAND FOR HIM. AND YOURSELVES. Be glad that someone un power is making it happen. STAND UP!

    Posted on Tuesday, December 3, 2013 at 10:01am