Millions of people worldwide are affected by tropical diseases such as African sleeping sickness and Leishmaniasis, so to combat these illnesses a new European consortium has been established to boost drug development.
With a total budget of nearly 3.6 million euros, the consortium including companies such as IOTA Pharmaceuticals, Mercachem, Nycomed, the Drugs for Neglected Diseases initiative, the Royal Tropical Institute, the University of Bern, the VU University Amsterdam and TI Pharma will strive to develop effective drugs against these diseases.
Source: http://www.ngpharma.eu.com
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