Dutch Development Agency Renews TB Alliance Funding With EUR 2 Million Grant

NEW YORK & AMSTERDAM--(BUSINESS WIRE)--Feb. 3, 2005--The Department of Development Cooperation of the Netherlands Ministry of Foreign Affairs (DGIS), the leading Dutch government agency for foreign assistance, recently awarded a grant of 2 million euros to the TB Alliance, a non-profit drug development endeavor leading global efforts to develop faster-acting and affordable new tuberculosis (TB) drugs. TB kills someone every 15 seconds worldwide and is on the rise in Europe, particularly the spread of multi-drug resistant strains.