GHIT Fund Announces New Investments: A Total of 1.37 Billion Yen in Drugs for Malaria, Chagas Disease, Leishmaniasis, Schistosomiasis, and Soil-Transmitted Helminths, and Diagnostics for Malaria, Buruli Ulcer, and Schistosomiasis

TOKYO, Sept. 28, 2020 /PRNewswire/ -- The Global Health Innovative Technology (GHIT) Fund announced today a total of 1.37 billion yen (US$13 million*) to invest in seven partnerships to develop new lifesaving drugs and diagnostics for malaria, Buruli ulcer, Chagas disease, leishmaniasis, schistosomiasis, and soil-transmitted helminths (STH). This includes three newly funded projects and four that will receive continued funding.** (Appendix 1 & 2)

"It is tremendously important that research and development (R&D) for neglected diseases, temporarily paused during the spring and summer due to the pandemic, are gradually resuming all over the world," said GHIT's CEO and Executive Director, Catherine Ohura.

"In the midst of the COVID-19 crisis and regardless of this pause, product development for malaria, tuberculosis, and neglected tropical diseases has remained our crucial priority. We continue to work with our domestic and overseas product development partners with the same strong sense of urgency. We are proud of our partners' resilience and unwavering commitment to developing new tools for neglected patients," she added.

"We are very thrilled about the new investments in clinical stages, such as the development of a treatment for leishmaniasis, entering Phase I trials in humans, and the development of a rapid diagnostic kit for schistosomiasis, using patient specimens in the Philippines and Kenya. Additionally, other investments in the target and discovery stage include such innovative approaches as a recombinant anthelmintic protein drug for STH, rapid diagnostic technology for Buruli ulcer, and compound screening in collaboration with multiple Japanese companies. These new candidates will strengthen our portfolio and provide new hope for patients and healthcare professionals," Ohura continued.

As of September 29, GHIT's portfolio includes 50 ongoing projects: 26 discovery projects, 16 preclinical projects and eight clinical trials (Appendix 3). The total amount of investments since 2013 is 22.3 billion yen (US$211 million).

* USD1 = JPY105.36, the approximate exchange rate on August 31, 2020.
** These awarded projects were selected from a number of proposals to the RFP2020-001 for Target Research Platform, Screening Platform, Hit-to-Lead Platform, and Product Development Platform, which was open for applications from November 2019 to March 2020. The GHIT board conducted in June 2020 approved these new investments.

The GHIT Fund is a Japan-based international public-private partnership fund (PPP) between the Government of Japan, multiple pharmaceutical companies, the Bill & Melinda Gates Foundation, the Wellcome Trust, and the United Nations Development Programme (UNDP). The GHIT Fund invests and manages an R&D portfolio of development partnerships aimed at neglected diseases, such as malaria, tuberculosis and neglected tropical diseases that afflict the world's vulnerable and underserved populations. The GHIT Fund mobilizes the Japanese industry, academia, and research institutes to create new drugs, vaccines, and diagnostics for malaria, tuberculosis, and neglected tropical diseases, in collaboration with global partners.


       Appendix.1 New Investments

    ---



             ID/Status                      
            Project Title                              
            Collaboration Partners                       
            Disease/                
            Stage              
        Awarded Amount
                                                                                                                                                       Intervention

    ---                                                                                                                                                                                                                                     ---

        G2020-104                      A schistosomiasis rapid diagnostic test            Institute of Tropical Medicine, Nagasaki University
                                        to support control programmes in                   (NUITM), Foundation for Innovative New Diagnostics
                                        monitoring treatment impact and                    (FIND), Leiden University Medical Center (LUMC),
                                        reassessment mapping                               Department of Parasitology, Merck KGaA               
       Schistosomiasis               
     Product Development                 
            YEN373,397,356


       New project                                                                                                                           
       Diagnostics                                                        
             (US$3,544,014)

    ---                                                                                                                                                                                                                                     ---

        G2020-108                      Clinical development of CpG-D35 for                The University of Tokyo, Ajinomoto Bio-Pharma
                                        combined treatment of cutaneous                    Services, GeneDesign (GeneDesign), Drugs for
                                        leishmaniasis                                      Neglected Diseases initiative (DNDi)                 
       Leishmaniasis                   Phase 1 Clinical Development        
            YEN692,399,748


       Continued project                                                                                                                     
       Drug                                                               
             (US$6,571,752)

    ---                                                                                                                                                                                                                                     ---

        T2020-162                      Cry5B optimization for Trichuris -                 Kao Corporation, PATH, University of Massachusetts
                                        whipworm                                           Medical School                                       
       Soil-transmitted helminths    
     Lead Optimization            
       YEN92,302,072 (US$876,064)


       Continued project                                                                                                                     
       Drug

    ---                                                                                                                                                                                                                                     ---

        S2020-112                      Screening project between Daiichi-                 Millennium Pharmaceuticals, Inc. (Takeda
                                        Sankyo, MMV, Eisai and Takeda                      Pharmaceutical Company Limited), Eisai Co., Ltd.,
                                                                                           Daiichi Sankyo Company Limited, Medicines for
                                                                                           Malaria Venture (MMV)                                
       Malaria                       
     Hit Identification                   
            YEN21,093,600


       New project                                                                                                                           
       Drug                                                                 
             (US$200,205)

    ---                                                                                                                                                                                                                                     ---

        S2020-121                      Screening project between Daiichi                  Daiichi Sankyo RD Novare Co.,Ltd, Drugs for
                                        Sankyo RD Novare and DNDi                          Neglected Diseases initiative (DNDi)                 
       Chagas disease, Leishmaniasis 
     Hit Identification                    
            YEN8,000,000


       Continued project                                                                                                                     
       Drug                                                                  
             (US$75,930)

    ---                                                                                                                                                                                                                                     ---

        T2020-153                      Towards the rapid diagnosis of malaria             Institute of Tropical Medicine, Nagasaki University
                                        hypnozoite infection: feasibility                  (NU-ITM), National Institute of Technology,
                                        studies                                            Kumamoto College (NIT-KC), Biomedical Primate
                                                                                           Research Centre (BPRC)                               
       Malaria                       
     Technical Feasibility                
            YEN99,980,967


       Continued project                                                                                                                     
       Diagnostics                                                          
             (US$948,946)

    ---                                                                                                                                                                                                                                     ---

        T2020-161                      Development of 'all-in-one'                        Teikyo University, Keio University School of
                                        diagnostic kit for Buruli ulcer using              Medicine, Tohoku Bio-Array (TBA) Co., Ltd,
                                        lateral flow DNA-chromatography                    Nagasaki University, FASMAC CO., LTD, Raoul
                                                                                           Follereau Institute Côte d'Ivoire, Pasteur
                                                                                           Institute Côte d'Ivoire, Hope Commission
                                                                                           International                                        
       Buruli ulcer                  
     Concept Development          
       YEN89,558,400 (US$850,023)


       New project                                                                                                                           
       Diagnostics

    ---                                                                                                                                                                                                                                     ---




       *All amounts are listed at the exchange rate of USD1 = JPY105.36, the approximate exchange rate on August 31, 2020.

    ---


       Appendix.2 Project Details

    ---




       G2020-104

    ---

                     Project Title  
        A schistosomiasis rapid diagnostic test to support control programmes in monitoring treatment impact and reassessment mapping

               ---                              ---

                     Collaboration       Institute of Tropical Medicine, Nagasaki University (NUITM), Foundation for Innovative New Diagnostics (FIND), Leiden University Medical
                         Partners         Center (LUMC), Department of Parasitology, Merck KGaA

               ---                              ---

                         Disease    
        Schistosomiasis

               ---                              ---

                      Intervention  
        Diagnostics

               ---                              ---

                          Stage     
        Product Development

               ---                              ---

                     Awarded Amount 
        YEN373,397,356 (US$3,544,014)

               ---                              ---

                         Status     
        New project

               ---                              ---

                                        Schistosomiasis (SCH) is a major neglected tropical disease impacting the health of the lowest income populations. More than 220 million
                                          people are affected by this disease, with ~90% of the burden found in sub-Saharan Africa. Current WHO guidelines for the diagnosis of SCH
                                          recommend examination of stool and/or urine samples by microscopy, for the presence of schistosome eggs. Whilst these tests are useful in
                                          settings with moderate to high intensity infections, they become futile in settings where prevalence and intensity are low, due to their
                                          poor sensitivity. To account for this, sampling is repeated on multiple days and several slides are examined by trained microscopists,
                                          rendering the methods time-consuming and challenging to deploy. To address this, the Foundation for Innovative New Diagnostics of Geneva,
                                          Switzerland (FIND), together with Leiden University Medical Center of Leiden, Netherlands (LUMC), Merck KGaA of Darmstadt, Germany and
                                          Nagasaki University Institute of Tropical Medicine of Nagasaki, Japan (NUITIM) are developing an easy-to-use, accurate and affordable SCH
                                          rapid diagnostic test (RDT) with a sensitivity comparable to repeated microscopy that detects circulating anodic antigen (CAA), an antigen
                                          that is secreted continuously by living schistosomes. The results of the test will be obtained within 20 minutes. The RDT is being
                                          developed and optimized by Mologic Ltd under a sub-contract to FIND, including incorporation of engineered antibodies, novel detection
                         Summary          nanoparticles and materials to enable detection of CAA in finger-stick whole-blood.



                                         The goal of this project is to develop and carry out clinical validation of an RDT that is simple to use, instrument free and affordable, to
                                          support SCH control programmes in monitoring the impact of treatment as well as for re-assessment mapping, that is effective on all
                                          schistosome species that are of public health importance.



                                         The partners in this project will (a) conduct field evaluations on semi-quantitative prototype SCH RDT, (b) optimize the RDT, design-lock
                                          and transfer to manufacturing, (c) validate the performance of the RDT in the detection of the major schistosome species, and determine its
                                          suitability as a replacement of current microscopy-based diagnostic tests, and (d) develop an access strategy for the SCH RDT.

    ---                             ---

                     Project Detail 
        
                https://www.ghitfund.org/investment/portfoliodetail/detail/167/en

               ---                              ---


       G2020-108

    ---

                   Project Title  
      Clinical development of CpG-D35 for combined treatment of cutaneous leishmaniasis

               ---

                   Collaboration
                       Partners   
      The University of Tokyo, Ajinomoto Bio-Pharma Services, GeneDesign (GeneDesign), Drugs for Neglected Diseases initiative (DNDi)

               ---

                       Disease    
      Leishmaniasis

               ---

                    Intervention  
      Drug

               ---

                        Stage     
      Phase I Clinical Trial

               ---

                   Awarded Amount 
      YEN692,399,748 (US$6,571,752)

               ---

                       Status     
      Continued project

               ---

                                    Cutaneous leishmaniasis (CL) is a severely neglected tropical disease. It is endemic in 87 countries worldwide, mainly affecting poor
                                      populations in developing countries. The World Health Organization (WHO) has estimated that there are around 0.6 to 1.2 million new CL
                                      cases every year. While CL is not life-threatening, it is a disfiguring disease that results in stigma and economic loss. Currently, there
                                      are no satisfactory treatments for any form of CL. Treatments recommended for CL have sub-optimal effectiveness and have long depended on
                                      antiquated drugs. CpG-D35 is being developed as a combination therapy for the treatment of patients with CL. It triggers the Toll-like
                                      receptor-9 (TLR-9) expressed on plasmacytoid dendritic cells and thereby activates the innate and adaptive immune system of the host.
                                      Data generated to date support the hypothesis that CpG-D35 alone or in combination with chemotherapy will reduce infection and accelerate
                                      the healing of CL lesions, as demonstrated in preclinical studies with CpG-D35. Consequently, CpG-D35 is expected to improve CL patient
                       Summary        care.



                                  
      This is a continuation from the project previously funded by the GHIT Fund, aiming to:

                                     1.             Determine the safety, tolerability, pharmacokinetics (PK) and pharmacodynamics (PD) after single subcutaneous dose of CpG-
                                      D35 in heathy volunteers (HVs), compared to matching placebo (SAD study) and after multiple doses administration in subjects having active
                                      infection with L. major parasites (MAD study).

                                     2.             Refine current active pharmaceutical ingredient (API) manufacturing process to improve efficiency/overall quality of CpG-
                                      D35 drug substance.

                                     3.             Develop a more concentrated, affordable, and field-adapted subcutaneous dosage form for later-stage clinical trials.

                                  
      4.             Further optimize the CAL-1 potency assay used for CpG-D35 quality control and stability testing.



                                    A single ascending dose (SAD) study will be conducted in the UK. A randomized, double-blind, placebo-controlled, single-centre study with
                                      CpG-D35 administered subcutaneously to healthy subjects will aim to assess safety and tolerability of CpG-D35 after a single dose
                                      compared to a matching placebo. As secondary objectives, PK and PD of CpG-D35 after single dose will be investigated, including but not
                                      limited to changes in cytokine levels in plasma over time as PD markers. If no safety concerns are encountered during the SAD study, then a
                                      Phase Ib, multiple ascending dose (MAD) study will be implemented. It will be a randomized, double-blind, placebo-controlled, multiple-
                                      dose escalation study to investigate safety, tolerability, and immunogenicity of CpG-D35 in patients with CL lesions due to L. major. The
                                      study will be performed in a single-site hospital specialized in Phase Ib studies in Turkey. Secondary objectives of this study are: 1)
                                      Assess PK and PD of CpG-D35; 2) Characterize the immune response produced by CpG-D35 in L. major infected patients; 3) Determine the
                                      value of using CXCL10 as PD marker; and 4) Establish CL lesions' time to heal after multiple doses of CpG-D35. Refinement of the current
                                      API manufacturing process will include optimization of the coupling step and washing step(s), change to other sulfurizing reagents, and
                                      preparation of a demonstration batch. To assess the feasibility of producing a more concentrated liquid formulation, the ease with which
                                      current liquid clinical formulation can be reconstituted after lyophilisation with lower volumes will also be evaluated. Different
                                      excipients will be screened in parallel to provide solutions that can be reconstituted to tonicity. The in vitro CAL-1 cell-based potency
                                      assay will also be refined.

    ---

                   Project Detail 
      
                https://www.ghitfund.org/investment/portfoliodetail/detail/168/en

    ---


       T2020-162

    ---

                   Project Title  
      Cry5B optimization for Trichuris - whipworm

               ---

                   Collaboration
                       Partners   
      Kao Corporation, PATH, University of Massachusetts Medical School

               ---

                       Disease    
      Soil-transmitted helminths

               ---

                    Intervention  
      Drug

               ---

                        Stage     
      Lead Optimization

               ---

                   Awarded Amount 
      YEN92,302,072 (US$876,064)

               ---

                       Status     
      Continued project

               ---

                                    Soil-transmitted helminth (STH) infections are a significant neglected tropical disease affecting approximately 1.5 billion people
                                      worldwide, or 24% of the world's population. The different species of intestinal parasitic worms (hookworm, roundworm, and whipworm)
                                      infecting humans are transmitted through contaminated soil, placing the heaviest burden on rural, low socioeconomic status communities
                                      lacking access to clean water and sanitation. Infected infants and children are at highest risk of mortality and morbidity from STH
                                      infections. The insidious effects on health and quality of life resulting from STH infections include low birth weight, iron deficiency
                                      anemia, chronic malnutrition, stunting, impaired growth and physical development, cognitive development disorders, delayed educational
                                      advancement, and a negative impact on economic development. In 2018, over 676 million school children were treated with anthelminthic
                       Summary        medicines in endemic countries, but this only accounts for 53% of all children at risk.



                                    This project seeks to further the development of a new first-in-class broad-spectrum anthelmintic drug product that can serve as an
                                      inexpensive and potent alternative or complement to benzimidazole (e.g., albendazole and mebendazole) treatments currently used to combat
                                      STH infections and associated disease burden. Building on the work from the previous grant, the objective of this project is to optimize
                                      the Bacillus thuringiensis crystal (Cry) protein Cry5B lead sequence for Trichuris, commonly known as whipworm, which is the most difficult
                                      target because of its feeding habits and its location in the large intestine. Trichuris trichiura is a parasitic nematode that infects
                                      humans to cause trichuriasis, also known as human whipworm infection. Whipworms are fully sensitive to Cry5B and Cry5B variants tested in
                                      vitro. Based on previous studies, naturally occurring amino acid substitutions may significantly increase the bioactivity and effectiveness
                                      of Cry5B protein variants against hookworms. Variant screening will improve two parameters of Cry5B protein activity: effective dose and
                                      time to kill. These studies will result in the identification of a Cry5B variant lead candidate that will bring the whipworm effective dose
                                      down to the hookworm dose of 1 mg/kg.



                                    In exploratory studies conducted under the previous grant, the University of Massachusetts Medical School (UMMS) team began testing the
                                      activities of several Cry proteins and natural Cry5B amino acid variants against Trichuris. The sequence differences between Cry5B and
                                      variant Cry5B and other Trichuris-active toxins are hypothesized to affect toxin stability, activation, or receptor avidity. Under this
                                      project, UMMS will systematically test Cry variants for improved activity against Trichuris and, secondarily, hookworm (roundworm activity
                                      tracks with hookworm activity). Identified improved Cry5B amino acid variants and new Cry proteins will be produced by the Kao Corporation
                                      as Inactivated Bacterium with Cytosolic Crystal (IBaCC) in their Bacillus subtilis-based expression system, and then tested in vitro and
                                      in vivo at UMMS. The robust Bacillus subtilis expression technology for producing large amounts of recombinant Cry5B anthelminthic protein
                                      achieves a level expression of several grams per liter of culture, with the potential for further improvement. Our technology will produce
                                      and purify Cry5B at the scale necessary for biochemical characterization, purification, and subsequent in vitro and in vivo bioactivity
                                      testing to select the lead potency Cry5B protein variant candidates for advancement. As protein variants superior to canonical Cry5B are
                                      identified, they will be tested in vivo against whipworm infections in mice.

    ---

                   Project Detail 
      
                https://www.ghitfund.org/investment/portfoliodetail/detail/174/en

               ---


       S2020-112

    ---

                   Project Title  
     Screening project between Daiichi-Sankyo, MMV, Eisai and Takeda

               ---

                   Collaboration    Millennium Pharmaceuticals, Inc. (Takeda Pharmaceutical Company Limited), Eisai Co., Ltd., Daiichi Sankyo Company Limited, Medicines for
                       Partners      Malaria Venture (MMV)

               ---

                       Disease    
     Malaria

               ---

                    Intervention  
     Drug

               ---

                        Stage     
     Hit Identification

               ---

                   Awarded Amount 
     YEN21,093,600 (US$200,205)

               ---

                       Status     
     New project

               ---

                       Summary    
     This is a screening project between Daiichi-Sankyo, MMV, Eisai and Takeda

               ---

                   Project Detail 
     
                https://www.ghitfund.org/investment/portfoliodetail/detail/176/en

               ---


       S2020-121

    ---

                   Project Title  
     Screening project between Daiichi Sankyo RD Novare and DNDi

               ---

                   Collaboration
                       Partners   
     Daiichi Sankyo RD Novare Co.,Ltd, Drugs for Neglected Diseases initiative (DNDi)

               ---

                       Disease    
     Chagas disease, Leishmaniasis

               ---

                    Intervention  
     Drug

               ---

                        Stage     
     Hit Identification

               ---

                   Awarded Amount 
     YEN8,000,000 (US$75,930)

               ---

                       Status     
     Continued project

               ---

                       Summary    
     This is a screening project between Daiichi Sankyo RD Novare and DNDi.

               ---

                   Project Detail 
     
                https://www.ghitfund.org/investment/portfoliodetail/detail/177/en

               ---


       T2020-153

    ---

                   Project Title  
      Towards the rapid diagnosis of malaria hypnozoite infection: feasibility studies

               ---

                   Collaboration     Institute of Tropical Medicine, Nagasaki University (NU-ITM), National Institute of Technology, Kumamoto College (NIT-KC), Biomedical
                       Partners       Primate Research Centre (BPRC)

               ---

                       Disease    
      Malaria

               ---

                    Intervention  
      Diagnostics

               ---

                        Stage     
      Technical Feasibility

               ---

                   Awarded Amount 
      YEN99,980,967 (US$948,946)

               ---

                       Status     
      Continued project

               ---

                                    While clinical malaria cases in the Asia-Pacific and the Americas have gone down >90% in the last decade, a shift in malaria species
                                      composition has been observed, with Plasmodium vivax now being the predominant species outside Africa. This shift may relate to the unique
                                      biology of P. vivax, including the relapsing phenotype from dormant liver stages (hypnozoites). In the light of the United Nations
                                      Sustainable Development Goals (By 2030, end the epidemics of AIDS, tuberculosis, malaria...") and in the era of pursuing malaria
                                      eradication, an effective strategy to handle P. vivax malaria is indispensable. Asymptomatic hypnozoite infections form a hidden parasite
                                      reservoir in the human population that can give rise to new symptomatic and transmissible malaria weeks, months or years after primary
                                      infection, without new infection through mosquito bites. Proper diagnostic tools to identify hypnozoite-infected individuals are currently
                       Summary        lacking, and this is mentioned as a challenge in "WHO Global Technical Strategy for Malaria 2016-2030".



                                  
      Identification of putative metabolite markers for malaria hypnozoite infection.



                                    Under our previous RFP (T2017-105) we pioneered an in vitro Proof-of-Concept (PoC) towards identifying targets for diagnostic tools for
                                      malaria hypnozoites, exploiting our unique experience in in vitro P. cynomolgi hypnozoite cultures (an accessible proxy to P. vivax with
                                      near identical biology), as well as in sensitive metabolomics. Specific metabolites have been identified and prioritized based on the
                                      unique signatures found in hypnozoite-enriched cultures. A second-phase in vivo feasibility study using the P. cynomolgi-rhesus monkey
                                      model is now warranted to determine whether the specific signatures detected in the in vitro PoC are confirmed in vivo and can thus be
                                      pursued in the subsequent development phase of a rapid diagnostic test for hypnozoite infection.

    ---

                   Project Detail 
      
                https://www.ghitfund.org/investment/portfoliodetail/detail/170/en

               ---


       T2020-161

    ---

                     Project Title     
              Development of 'all-in-one' diagnostic kit for Buruli ulcer using lateral flow DNA-chromatography

               ---                                       ---

                     Collaboration                Teikyo University, Keio University School of Medicine, Tohoku Bio-Array (TBA) Co., Ltd, Nagasaki University, FASMAC CO., LTD, Raoul
                         Partners                  Follereau Institute Côte d'Ivoire, Pasteur Institute Côte d'Ivoire, Hope Commission International

               ---                                       ---

                         Disease       
              Buruli ulcer

               ---                                       ---

                      Intervention     
              Diagnostics

               ---                                       ---

                          Stage        
              Concept Development

               ---                                       ---

                     Awarded Amount    
              YEN89,558,400 (US$850,023)

               ---                                       ---

                         Status        
              New project

               ---                                       ---

                                                 Buruli ulcer is a cutaneous mycobacterial infection, which is reported in about 2,000 new patients annually worldwide, mainly in West
                                                   Africa. Children are mainly affected due to infection with the acid-fast bacteria Mycobacterium ulcerans (M. ulcerans) that exists in the
                                                   water system of the environment such as ponds and rivers. When diagnosis or treatment is delayed, a wide range of intractable ulcers will
                                                   form on the skin, leaving aftereffects such as limited joint movement after healing. It is often difficult to distinguish Buruli ulcers
                                                   from other skin ulcers of various causes, and the only way to make a reliable diagnosis is to take a sample from the ulcer and confirm it
                                                   by PCR. However, it is difficult to perform such a test that requires such advanced technology and expensive equipment in the West Africa
                                                   where the number of patients is high. We have established a method for amplifying M. ulcerans DNA without using expensive equipment and a
                         Summary                   determination method by DNA chromatography. We will combine these techniques to develop a new diagnostic method for Buruli ulcer.



                                                 As one of the skin NTDs, there is no point-of-care diagnostic method for Buruli ulcer, which results in delay in diagnosis and treatment
                                                   and many patients have to live with serious sequelae. The number of new cases of Buruli ulcer reported to the WHO is about 2,000 per year,
                                                   which is due to the fact that the diagnosis itself has not been made because the disease itself is not well recognized. This indicates that
                                                   there are many cases in which the patient is left without being properly diagnosed due to lack of proper diagnostic method, and wrong
                                                   treatment might be given. In order to perform PCR, which is currently the only diagnostic method recommended by WHO, a specialized
                                                   laboratory with expensive equipment and technologists with a high level of knowledge and skills are required. Therefore, it is not
                                                   practical to perform PCR in endemic area of Buruli ulcer. In this project, we will develop a diagnostic kit for Buruli ulcer that can be
                                                   tested by anyone in anywhere.



                                                 In order to perform DNA isothermal amplification methods such as the LAMP method, it is necessary to mix special enzymes and various
                                                   reagents with the sample in the correct proportions. In this project, we will develop a small kit in which these reagents are fixed and
                                                   dried in a stabilized state, and the reaction takes place simply by adding a sample. By adding the solution after the DNA amplification
                                                   reaction is completed, the amplified DNA will be developed by DNA chromatography, and if M. ulcerans DNA is present, a visually
                                                   recognizable line will appear. The detection sensitivity is about the same as the PCR method, and we aim to develop a kit that greatly
                                                   reduces the cost and time required for testing. The kit developed in Japan will be used by local medical staff in Côte d'Ivoire, further
                                                   improved to produce the final kit.

    ---                                ---

                     Project Detail    
              
                https://www.ghitfund.org/investment/portfoliodetail/detail/173/en

               ---                                       ---




       *All amounts are listed at the exchange rate of USD1 = JPY105.36, the approximate exchange rate on August 31, 2020.

    ---

Appendix.3 Investment Overview (As of September 29, 2020)

1. Investment to date

Total investments 22.3 billion yen (US$211 million*)
Total invested Projects 94?active projects 50, completed projects 44?

2. Portfolio analysis (active projects + completed projects)

*All amounts are listed at the exchange rate of USD1 = JPY105.36, the approximate exchange rate on August 31, 2020.

To know more about GHIT investments, please visit
Investment Overview: https://www.ghitfund.org/investment/overview/en
Portfolio: https://www.ghitfund.org/investment/portfolio/en
Advancing Portfolio: https://www.ghitfund.org/investment/advancingportfolio/en
Clinical Candidates: https://www.ghitfund.org/investment/clinicalcandidates/en

*All amounts are listed at the exchange rate of USD1 = JPY105.36, the approximate exchange rate on August 31, 2020.

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