THE SPIRIT OF ENTEPRENEURSHIP
Institute for One World for Health
March 17, 2014
Working for the Food and Drug Administration in the early 1990s, Victoria Hale saw many promising new medicines abandoned or not developed to their full market potential. Diseases such as visceral leishmaniasis, long ignored and often fatal, needed special and urgent attention. In 2000 she founded the Institute for OneWorld Health to address the gap between global infectious diseases and pharmaceutical opportunities. Victoria has since left and founded a new nonprofit pharmaceutical company, Medicines360, focusing on unmet needs of the world's women and children. It is a self-sustaining social enterprise, founded with philanthropy, driven by global health inequity, and sustained by revenues. Initial focus areas are contraception and neglected/orphan diseases.