HHS Launches First Venture Capital Partnership To Develop Transformative Technologies To Combat Future Pandemics, Other Health Emergencies

The U.S. Department of Health and Human Services (HHS) has unveiled a new type of public-private partnership that enables investments using venture capital practices. Through the BARDA Ventures program, the Biomedical Advanced Research and Development Authority (BARDA), part of the HHS Office of the Assistant Secretary for Preparedness and Response, is launching a partnership with the non-profit organization Global Health Investment Corporation (GHIC) to accelerate development and commercialization of technologies and medical products needed to respond to or prevent public health emergencies, such as pandemics, and other health security threats.

Through this partnership, BARDA intends to provide . . .