Geneva- Switzerland (PANA) -- The Takeda Pharmaceutical Company Ltd.
(Takeda), Japan’s largest pharmaceutical company, on Wednesday announced a huge financial commitment to the Global Fund to fight AIDS, Tuberculosis and Malaria in Africa to the tune of 100,000,000 (approximately US$ 1 million) annually for the period 2010-2019.
The resources will be directed to Global Fund-supported programmes in Africa to strengthen health systems and human capacity development initiatives, the Fund said in a press statement, received by PANA.
This year, the Global Fund plans to channel the contribution specifically to programmes fighting AIDS, tuberculosis and malaria in Nigeria, Senegal and Tanzania , respectively.
Takeda will also support advocacy efforts to help raise the profile and visibility of the Global Fund in Japan.
“We are extremely pleased with the commitment from Takeda.
I hope it will inspire other corporations in Asia and across the world to step up and join the fight against AIDS, tuberculosis and malaria”, said Professor Michel Kazatchkine , Executive Director of the Global Fund.
“The Global Fund’s innovative financing mechanism gives companies and businesses which are not focusing on the three diseases, such as Takeda Pharmaceutical, the opportunity to really have an impact on the lives of those in need”, he added.
Friends of the Global Fund Japan, a non-governmental advocacy organization supporting the Global Fund’s mission, were instrumental in setting up this new partnership.
Through the contribution, Takeda is recognized as a “Corporate Partner” of the Global Fund.
Since Global Fund's creation, the private sector - including businesses, business associations and individuals - has contributed to its work in a variety of ways, ranging from engaging in the governance of the Global Fund to contributions of cash and non-cash resources to collaborating with in-country partners and recipients.
Chevron Corporation, the American multinational energy company, became the first “Corporate Champion” of the Global Fund in 2008 with a major investment in the Global Fund and commitment to support local partnerships.
To date, private sector and non-government donors, including (PRODUCT) RED and the Bill and Melinda Gates Foundation, have contributed more than US$ 850 million to the Global Fund.
“Takeda’s commitment to the Global Fund deeply aligns with our corporate mission, which includes putting into practice the United Nations Global Compact.
The Global Fund is an excellent vehicle, and we are delighted to contribute through it, to support people affected by the three diseases and help strengthen health systems in developing countries,” said Mr.
Yasuchika Hasegawa, CEO of Takeda, established in 1781.
The Global Fund is a unique global public/private partnership dedicated to attracting and disbursing additional resources to prevent and treat HIV/AIDS, tuberculosis and malaria.
This partnership between governments, civil society, the private sector and affected communities represents a new approach to international health financing.
The Global Fund works in close collaboration with other bilateral and multilateral organizations to supplement existing efforts dealing with the three diseases.
Since its creation in 2002, the Global Fund has become the dominant financier of programs to fight AIDS, tuberculosis and malaria, with approved funding of US$ 19.
2 billion for more than 600 programmes in 144 countries.
To date, programmes supported by the Global Fund have saved 4.
9 million lives through providing AIDS treatment for 2.
5 million people, anti-tuberculosis treatment for 6 million people and the distribution of 104 million insecticide-treated bed nets for the prevention of malaria.
Takeda aims to support human capacity development for health system strengthening in developing countries.
As the first phase of the Initiative, Takeda supports the following Global Fund projects in Africa : For malaria in Tanzania, it will provide National Insecticide Treated Nets Implementation Plan (NATNETS) and strengthen the system to distribute the nets and develop the human resources engaged in promoting the use and dissemination of nets.
HIV and AIDS in Nigeria: Takeda will scale-up of comprehensive HIV/AIDS treatment, care and support.
It will train staff members of not-for-profit and grass-roots organizations engaged in providing community-based care for HIV/AIDS patients and orphans, and carry out advocacy and awareness raising activities.
Tuberculosis in Senegal: Reinforce TB Control in Senegal.
Capacity development of health workers engaged in tuberculosis diagnosis and treatment.