Canada Ceases Funding to International AIDS Vaccine Project

.

International AIDS Vaccine Initiative

As per the latest budget, the Federal Government is revealed to have stopped funding the International AIDS Vaccine Initiative (IAVI) through Canadian International Development Agency (CIDA) grants.

Between 2001 and 2008, the Canadian International Development Agency reportedly funded nearly $80 million to the International AIDS Vaccine Initiative, one of the biggest supporters of HIV vaccine trials in the world. Canada was one of IAVI's major funders.

"IAVI was informed in July 2009 that CIDA funding priorities are under review, and that no further commitments could be made at that time", an IAVI spokeswoman told the Winnipeg Free Press.

The Government's cancellation of plans is revealed to emerge with a view to develop a vaccine production facility as part of the Canadian HIV Vaccine Initiative (CHVI) in partnership with the Bill and Melinda Gates Foundation.

Stephen Lewis, co-Director of AIDS Free World in the U. S. and former UN Special Envoy for HIV/AIDS in Africa, reveal that now, the global AIDS research community is aware of the fact that Canada can't be counted on to help.

Health Minister Leona Aglukkaq and Public Health chief Dr. David Butler-Jones have insisted that they are in an examination process, pondering over all possible options required to effectively spend CHVI money.


Latest News

Third-Quarter Sales Better -Than- Expected for LinkedIn, Thanks to New Businesse
“Overweight” Rating for Facebook from JPMorgan Chase & Co
Fall in Oil prices Leave the Small-cap Shale Companies in Trouble
Beginning of 2015, Starbucks will Start its Delivery Service in Selected Markets
Herb Strather, Detroit blight Buyer Makes a Wednesday Deadline
Baidu with its Growing Mobile Presence, Hit 27 Percent Profit Increase
Third Quarter Profits for Samsung Electronics Drop Sharply
Federal Reserve Ends Bond Buying Programme, Keeps Interest Rates Low
Reduced Growth in Major Overseas Economies Affect U.S. Durable Goods Order
Lowe’s to Introduce Robots in Store for Customer Service
Facebook Shares Fall as the Company Portrays Increased in Expenses in 2015
USPS Audit Questions the Consistency of Surveillance Conducted on Mail