Niarchos Fdn announces Global Relief Initiative for Covid-19 pandemic

SNF will support effective testing, treatment, and prevention projects, starting with an immediate grant of 3 mln US dollars to the Rockefeller University. AMNA




The Stavros Niarchos Foundation (SNF) announced a new international initiative worth 100 million US dollars, which aims to help address the impact of the coronavirus pandemic across the globe.

Titled ‘Global Relief Initiative for the Covid-19 pandemic’, the project is launched with a starting fund that will boost medical research and the Foundation’s international grantee partners.

SNF will support effective testing, treatment, and prevention projects, starting with an immediate grant of 3 mln US dollars to the Rockefeller University “ to support the world-class institution’s round-the-clock research related to Covid-19,” the Foundation, which has offices in Athens and New York, said on Tuesday.

The Foundation is also in the midst of a 450 million dollar health initiative in Greece, which involves the collaboration of both the state and private sectors. This project includes the construction of three new hospitals, emergency and diagnostic equipment, trauma care training, nursing education, and infectious disease training.

Source: ANA-MPA

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