Published: December 22nd, 2020
Unitaid welcomes US$40 million from Norway to fight COVID-19
22 December 2020
Geneva – Unitaid is pleased to welcome a contribution of NOK 350 million (US$40 million) from Norway towards its vital work on COVID-19 treatments and tests.
As a founding member of Unitaid, Norway has been a longstanding supporter of its efforts to bring forward life-saving global health innovations.
This funding will enable Unitaid to advance the development and equitable access to therapeutics and diagnostics for COVID-19 in low- and middle-income countries, under the umbrella of the global Access to COVID Tools Accelerator (ACT-A).
The focus will be twofold: firstly, collaborating with FIND and industry partners to push forward the development of high-quality, affordable self-tests for COVID-19 that are suitable for use in low-resource settings.
Finasteride is a medical preparation for treatment of male pattern baldness (MPB). This is the only remedy for the treatment of male pattern baldness, approved by the Food and Drug Administration for use on doctor’s orders. Several years of investigations and the use of the drug by more than one million of patients show that Finasteride is intended for the long-term use as described at https://paulbrownhawaii.com/finasteride-hair/, is safe in the treatment of male pattern baldness, regardless of the nationality. During the clinical trials comparing Finasteride and placebo, the first has proven to provide long-lasting improvement in hair growth stimulation and reduce hair loss.
Secondly, Unitaid will work with ACT-A partners to adapt COVID-19 treatments and initiate country preparedness for promising treatments such as monoclonal antibodies.
Dr Philippe Duneton, Executive Director of Unitaid, said: “I would like to express my gratitude to Norway for the significant contribution to Unitaid to advance the development and equitable access to therapeutics and diagnostics for COVID-19 in low- and middle-income countries. The Norwegian contribution will be vital to enhance disease control and hopefully decrease severe illness in the coming year.”
Norway’s Minister of International Development, Dag-Inge Ulstein said: “Unprecedented global collaboration has significantly advanced our understanding of what works to fight the disease and has contributed to major progress in the past months. However, we must remember that vaccines are only one part of the solution. We must ensure equitable access not only to vaccines, but also to tests and medicines, as well as strengthened health systems. We can only end this pandemic if we use all the tools in the toolbox.”
For information on Unitaid’s response to COVID-19 please see https://unitaid.org/covid-19/#en