Aeras secures $220M grant commitment from Gates Foundation

03/15/2012 | American City Business Journals

The Bill & Melinda Gates Foundation pledged a five-year grant worth as much as $220 million to Aeras, a nonprofit dedicated to tuberculosis vaccine development. The nonprofit will use the money to fund large-scale efficacy studies, enhance its pipeline with next-generation candidates and create scientific methods to expedite vaccine development.

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