Committed to creating an advanced drug discovery and translational platform, China’s Tsinghua University and the Bill & Melinda Gates Foundation decide to join forces to set up an institute on drug discovery.
At a meeting in Davos, Switzerland, Tsinghua University and the Bill & Melinda Gates Foundation, agreed to co-establish a Global Health Drug Discovery Institute in Beijing.
The institute will be the first research and development center of its kind in China.
It will tackle major diseases faced by many developing countries, including China.
The Bill & Melinda Gates Foundation will provide financial support as well as assistance on institutional development.
Tsinghua University will invest various resources to support the institute, including talents and scientists, programs, facilities, as well as operation and management.