HHS public-private partnership to invest in ways to combat future pandemics and health emergencies

The Department of Health and Human Services yesterday announced a new type of public-private partnership to accelerate the development and commercialization of technologies and medical products needed to respond to, or prevent, future public health emergencies, such as pandemics, and other health security threats. The partnership, which includes the Biomedical Advanced Research and Development Authority and nonprofit Global Health Investment Corporation, will result in a global health security fund to allow direct linkage with the investment community and establish sustained and long-term efforts to identify, nurture and commercialize technologies that can aid the U.S. in responding effectively to future health security threats.