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Bill Gates Highlights Novel HIV Drug in $700 Million Disease Pledge

  • Philanthropist contributes to battle against major diseases
  • Gates warns countries are ‘stepping back from the world’
Bill Gates

Bill Gates

Photographer: Chris Ratcliffe/Bloomberg

Billionaire philanthropist Bill Gates committed $700 million to battle diseases that kill millions of people a year, saying experimental technologies like a matchstick-sized implant to prevent HIV could become new weapons in the global effort.

The implant, under development by Merck & Co. and inserted just under the skin of a patient’s arm, is among potential breakthroughs Gates is set to highlight in a speech in France Thursday. Others include a tuberculosis vaccine GlaxoSmithKline Plc is developing.