17 July 2019
Korea Biomedical Review_RIGHT Fund aims to use Korean innovation for global health equity
Infectious diseases remain a leading cause of deaths worldwide and have been disproportionately affecting low-income countries and especially young children. Korea, encouraged by the recent advancement of its pharmaceutical industry, is looking for new ways to help resolve such problems.
One of the latest projects the Korean government and the private sectors have launched to resolve the issue is the Research Investment for Global Health Technology Fund or RIGHT Fund. Established in Seoul last year, the RIGHT Fund is the first public-private partnership, involving the government, pharmaceutical companies, and the Bill and Melinda Gates Foundation (BMGF).