The Foundation for AIDS Research has announced that it will devote $100M to finding a cure for HIV by 2020.
“A decade ago, curing HIV was thought by many, if not most, in the scientific community to be impossible,” said amfAR CEO Kevin Robert Frost. “But the science has advanced by leaps and bounds in recent years, to the extent that there is now widespread agreement among researchers that a cure for HIV is possible—and even probable.” “Today, we are at a historic juncture in the fight against AIDS,” added amfAR Chairman of the Board Kenneth Cole. “With an improving economy, recent technological advances and momentum in the research community, now is the time to commit ourselves to finding an accessible cure and finally bring the global HIV/AIDS epidemic to an end.”
The group also plans to form a “Cure Council,” a volunteer group “comprising some of the world’s leading HIV/AIDS researchers to ensure that investments are made in the most promising areas.”