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Reuters
Reuters
Business

Novartis and Bill & Melinda Gates Foundation collaborate on therapy for sickle cell disease

FILE PHOTO: A sign marks Novartis' Institutes for Biomedical Research in Cambridge, Massachusetts, U.S., January 2, 2020. Picture taken January 2, 2020. REUTERS/Brian Snyder/File Photo

Novartis has entered into a grant agreement with the Bill & Melinda Gates Foundation to fund the development of accessible single use gene therapies to cure sickle cell disease (SCD), the pharmaceuticals company said on Wednesday.

The project aims to address disparity in access to treatments and prioritize populations and regions that bear the greatest burden of the hereditary blood disease, Novartis said.

Around 300,000 people are born with the condition annually. Sub-Saharan Africa is particularly badly affected by SCD, which reduces the ability of red blood cells to transport oxygen and can be fatal.

FILE PHOTO: Bill Gates, Co-Chair of Bill & Melinda Gates Foundation, attends a conversation at the 2019 New Economy Forum in Beijing, China November 21, 2019. REUTERS/Jason Lee/File Photo/File Photo

(Reporting by John Revill; Editing by Tom Hogue)

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