Founder & CEO of the Institute of OneWorld Health Recognized for Pioneering Non-Profit Pharmaceutical Company
The John D. and Catherine T. MacArthur Foundation named Victoria Hale, Ph.D., founder and chief executive officer of the Institute for OneWorld Health (iOWH), a 2006 MacArthur Fellow today. These prestigious Fellowships are awarded to individuals who have developed original and creative ideas that have the potential to make important contributions in the future. Dr. Hale is being honored as a Pharmaceutical Entrepreneur for creating a nonprofit model of drug development that is driven by the neglected health needs of people in the developing world.
“The MacArthur Fellowship will give OneWorld Health increased visibility and help us form entrepreneurial partnerships to ensure that people with the greatest need gain access to the new medicines we are developing. It will also help me look at ways to apply the model of OneWorld Health in other areas of global health,” said Dr. Hale.
The MacArthur Foundation does not accept applications or unsolicited nominations for Fellows. Only twenty to twenty-five Fellows are chosen through a meticulous review process analyzing their work and overall promise. Fellows are awarded an unrestricted grant of $500,000 distributed over the course of five years.
Dr. Hale’s recent honors include selection as an Ashoka Senior Fellow for leading work in social innovation (2006), Executive of the Year by Esquire Magazine (2005), the Economist Innovation Award for Social and Economic Innovation (2005), and the Skoll Foundation Award for Social Entrepreneurship (2005).
Learn more about the MacArthur Foundation Fellows Program.
Read the article from the San Francisco Chronicle about the MacArthur Fellows announcement.