Honda Foundation Contributes $500,000 Towards Medical Research

SOUTHPORT, Australia – December 4, 2008: The Honda Foundation will contribute $500,000 towards establishing a dedicated pandemic influenza research facility as part of a five-year commitment to Griffith University’s Institute for Glycomics.

This significant donation from The Honda Foundation, funded by Honda Australia and the Honda Dealer Network, will assist in developing the next generation of anti-influenza drugs used to treat outbreaks of diseases, such as avian influenza.

The facility will be based at Griffith University’s Institute for Glycomics, Australia’s only multi-disciplinary biomedical research institute dedicated to cracking the code of how carbohydrates and carbohydrate-related pathways are used in the establishment and spread of many significant diseases, such as various cancers, malaria and influenza.

The Institute has identified that certain carbohydrates can be used to develop anti-influenza drugs that will successfully treat influenza by immobilizing the virus and preventing further spread of the viral infection.

Chairman of The Honda Foundation, Mr. Lindsay Smalley presented the Institute with a cheque for $100,000, the first installment of the $500,000 donation, on behalf of The Honda Foundation at the Institute for Glycomics 2008 annual dinner, held on the Gold Coast.

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