BARDA Ventures is an initiative to redefine how the U.S. Government partners with private sector to advance health security. BARDA Ventures, through a nonprofit partner, will establish a long term health security focused fund to ensure sustained investments in disruptive technologies can better prepare the nation for any health security threat. Through this new program BARDA seeks to build a capability to better utilize venture capital practices to stimulate innovation and promote disruptive technologies aimed at addressing gaps in pandemic response and healthcare preparedness.
“While we tackle the pandemic’s impact, we’re exploring how the U.S. can better prepare for future public health emergencies, whether it’s the next pandemic or a bioterrorism incident,” said HHS Secretary Xavier Becerra. “The pandemic has demonstrated that the U.S. needs transformative technology that is not only available but also widely accessible. Today we are announcing an innovative, cost-effective
approach that puts us on a better path to take on the next public health crisis and improve U.S. health care.”
1 June 2021