Barda Ventures, the investment unit of HHS’s Biomedical Advanced Research and Development Authority, has committed a minimum of $50m.

The US Department of Health and Human Services (HHS) has set up a public-private partnership with Global Health Investment Corporation to invest at least $50m in medical startups to tackle future pandemics.

Barda Ventures, the investment unit of HHS’s Biomedical Advanced Research and Development Authority, has committed a minimum of $50m over five years with potential for up to $500m over 10 years.

GHIC, a non-profit established to provide long-term funding for global health research and development, will set up a global health…

James Mawson

James Mawson is founder and chief executive of Global Venturing.