Healthcare Finance News June 2, 2021
The goal is to identify and commercialize technologies that aid the U.S. in responding to future health security threats.
The U.S. Department of Health and Human Services has entered into its first ever venture capital partnership, a public-private agreement that’s ultimately meant to combat future pandemics and other types of health emergencies.
Through the Biomedical Advanced Research and Development Authority’s Ventures program, part of the HHS Office of the Assistant Secretary for Preparedness and Response, BARDA is launching a partnership with the nonprofit organization Global Health Investment Corporation (GHIC) to accelerate the development and commercialization of technologies and medical products needed to respond to or prevent public health emergencies. These may include pandemics or other health security threats.
Through the...