RIGHT Foundation
The RIGHT Foundation is a South Korea-based public-private partnership (PPP) between the Government of Korea (GOK), Korean Life Science companies, and the Bill & Melinda Gates Foundation (BMGF). Dedicated to supporting global health R&D, it provides a platform for catalysing collaboration between Korean and international researchers to develop vaccines, treatments and diagnostics for infectious diseases (both endemic and emerging) in low- and middle-income countries (LMICs).
The RIGHT Foundation issues calls for proposals for two awards: the Product Development Award and the Evidence Generation Award.
Please see below for more information about open opportunities.
There is currently one funding opportunity available:
- General Call for Product Development Award: Seeking proposals aimed at developing vaccines, therapeutics, biologics, or diagnostic platforms, including technology transfer of target intervention from or to a Korean partner to alleviate the disproportionate burden of infectious diseases in the World Bank-defined low- and middle-income countries (LMICs).
- General call for Product Development Award: Applications will be received on a rolling basis until 31 December 2024. Please find below the following deadlines:
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- Intent to apply review date: 01 February; 01 April 2024; 01 June 2024; 01 August 2024; 01 October 2024
- Notification of full proposal invitation: 08 February; 09 April 2024; 10 June 2024; 09 August 2024; 10 October 2024
- Full proposal submission date: early April 2024; early June 2024; early August 2024; early October 2024; early November 2024
- Funding decision by the Board of directors: early July 2024; late November 2024; Late February 2024; Late April 2025
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Please refer to the Funding Opportunities page for the anticipated future call for proposals.
Award
Depending on the award type. For further detail on eligibility, please refer to the RFP FAQ page.
Determined based on discussions and negotiations between awardees and Project participants.
For further information about the RIGHT Foundation’s intellectual property policy, please refer to the Global Access Policy page.
Depending on the award type. For further detail, please refer to the Funding Opportunities page.
General Call Product Development Award: Up to 4 billion Korean won per project for up to 36 months. Co-funding required for at least 50% of the project cost from the project team which includes for-profit entities. Not applicable if the project team consists of only academic institutions and/or non-profit organizations
To connect with the RIGHT Foundation, please email RIGHTFUND@rightfoundation.kr