The Japanese Ministry of Health, Labor and Welfare (MHLW) has said it supports the research and development of new health technologies for the developing world, through financing the United Nations Development Program (UNDP) and collaborating with the Global Health Innovative Technology Fund (GHIT), a non-profit organization based in Japan, that announced its establishment on April 8.
The GHIT was established between the government and a consortium of Japanese pharmaceutical companies (Astellas, Daiichi Sankyo, Eisai, Shionogi and Takeda) as well the Bill and Melinda Gates Foundation. It plans to attract further investment partners.
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