Bayer signs grant agreement to advance innovation in non-hormonal contraception

Bayer blazoned that it has entered a entitlement from the Bill & Melinda Gates Foundation. As part of the entitlement, Bayer and the Bill & Melinda Gates Foundation have each committed further thanUS$ 12 million over four times toco-fundpre-clinical exploration conditioning with the thing of furnishing women encyclopedically with an option fornon-hormonal contraception. In addition to explorationco-funding over a four- time period, Bayer will work its experience in women’s healthcare as well as exploration and development moxie in order to identify apre-clinical development seeker. Bayer has also committed to make such a product available in low- and lower- middle- income countries at an affordable price once it would have been approved by health authorities.
” The collaboration brings together Bayer’s exploration moxie, with the Bill & Melinda Gates Foundation’s purpose, to reduce inequalities around the world by easing access to health in low- and lower- middle- income countries,” said Marianne De Backer, Executive Vice President, Head of Strategy, Business Development & Licensing/ Open Innovation and Member of the Executive Committee of Bayer’s Pharmaceutical Division.” Together, we aim to further advance our vision to give largely asked innovativenon-hormonal contraceptive options to millions of girls and women around the globe in a sustainable manner.”

” Sustainability is an integral part of our business,” said Jeanne Kehren, Senior Vice President Digital & Commercial Innovation, Chief Information Officer, as well as responsible for Sustainability and a Member of the Executive Committee of Bayer’s Pharmaceutical Division.” With our strong heritage and deeply confirmed moxie in women’s healthcare, Bayer has been supporting enterprise that contribute to furnishing girls and women in low- and lower- middle- income countries with access to family planning for further than 50 times. We’re proud to work together with the Bill & Melinda Gates Foundation and join sweats to expand access to contraceptive options that address the unmet requirements of women worldwide.”

This new cooperation adds to Bayer’s commitment fastening on furnishing innovative wisdom and sustainable results to support the individual health requirements of women worldwide and to help give women and girls in low- and lower- middle- income countries( LMICs) with access to ultramodern contraception. It’s the alternate joint exertion involving both parties in the area of family planning, along with the collaboration on The Challenge Initiative( TCI).

moment, gender inequality remains an ongoing problem and teenage gestation and motherly death continue to be a serious health concern, especially in LMICs. Increased choice in ultramodern contraceptive styles that better match stoner requirements and preferences will enable further women and girls to pursue educational and employment openings. Family planning isn’t only central to women’s health but also gives them lesser autonomy over their lives, which can have a positive ripple effect on families and communities. With further than 200 million women worldwide having an unmet need for ultramodern contraception, and 130 million women entering reproductive age until 2030 in LMICs, the need to give reproductive inventories and services will further increase.

As a leader in women’s healthcare, Bayer has been supporting rights- grounded family planning programs in further than 130 countries. In cooperation with transnational associations, similar as the United Nations Population Fund and the United States Agency for International Development, Bayer aims to make ultramodern contraception more accessible to women worldwide. These sweats are in line with the Sustainable Development Goals of the United Nations.

About Women’s Healthcare at Bayer
Bayer is a honored leader in the area of women’s healthcare, with a long-standing commitment to delivering wisdom for a better life by advancing a portfolio of innovative drugs. Bayer offers a wide range of effective short- and long- acting birth control styles as well as curatives for menopause operation and gynecological conditions. Bayer is also fastening on innovative options to address the unmet medical requirements of women worldwide. moment, Bayer’s exploration and development sweats concentrate on chancing new treatment options for symptoms associated with menopause as well as gynecological conditions and include several composites in colorful stages ofpre-clinical and clinical development. Together, these systems reflect the company’s approach to exploration, which prioritizes targets and pathways with the eventuality to alter the way that gynecological conditions are treated. also, Bayer intends to give 100 million women in low- and lower- middle- income countries by 2030 with access to family planning by fundingmulti-stakeholder aid programs and by icing the force of affordable ultramodern contraceptives. This is part of the comprehensive sustainability measures and commitments from 2020 onwards and in line with the Sustainable Development Goals of the United Nations.
About Bayer
Bayer is a global enterprise with core capabilities in the life wisdom fields of health care and nutrition. Its products and services are designed to help people and the earth thrive by supporting sweats to master the major challenges presented by a growing and growing global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and produce value through invention and growth. The Bayer brand stands for trust, trustability and quality throughout the world. In financial 2021, the Group employed around,000 people and had deals of44.1 billion euros. R&D charges before special particulars amounted to5.3 billion euros.

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