Oxitec receives $6.8m from Wellcome Trust to scale-up innovative technology
Oxitec Ltd, a developer of insect-based biological solutions to control pests that transmit disease, destroy crops, and harm livestock, today announced that it has received $6.8m in funding from the Wellcome Trust, one of the world’s largest charitable foundations, to fund scale-up programs for Oxitec’s just-add-water Friendly™ Aedes aegypti technology.
Building on the successful performance of the technology in Brazil over the last three years, this award will fund Oxitec’s work on new production scale-up innovations, product features and methodologies that are focused on reducing costs and improving accessibility of the technology for those communities suffering most from Aedes aegypti-transmitted diseases.
In addition, the award will fund a large two-year area-wide pilot project in the São Paulo region in Brazil which will allow Oxitec to pilot these advancements in dengue-prone urban environments.
Grey Frandsen, Oxitec’s CEO, said: “We are immensely grateful for Wellcome’s partnership and support as we work to make our Friendly™ Aedes aegypti solution universally accessible to communities most in need around the world. We are pleased that the Wellcome Trust believes in this vision and shares in our aim to scale this technology as quickly as possible so we can deliver real impact in the global fight against dengue and other vector-borne diseases.”