Bristol-Myers Squibb Foundation announces $15 million for diabetes initiative
May 17, 2012
The Bristol-Myers Squibb Foundation recently announced plans to expand its Together on Diabetes initiative to China and India. To help fight the disease and reduce its impact in developing countries, the foundation will pledge $15 million over the course of five years to build up community-based efforts. Specifically, it plans to strengthen the healthcare workforce and made supportive services and medical care more widely available in the countries.
As of 2011, 9.3 percent of the population in China had type 2 diabetes, while the disease affects 8.3 percent of people in India, reports the International Diabetes Foundation.
Out of the total contribution, the foundation has extended a three-year $522,797 grant to the Shanghai Charity Foundation to establish a step-by-step plan for managing type 2 diabetes in the city.
"As their populations grow older and more sedentary, health authorities in China and India are seeing many of the same problems experienced by their Western counterparts, namely obesity and type 2 diabetes," said John Damonti, president of the Bristol-Myers Squibb Foundation.
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