<unk>  is an international facility for the purchase of drugs against HIV/AIDS, Malaria and Tuberculosis. It was founded in September 2006 on the initiative of Brazil and France, and is to a great part financed by so called innovative development financing mechanisms, namely a solidarity levy on air line tickets.
Due to a growing number of Member States (35 as of April 2007)<unk> 's budget is expected to exceed $500 million in 2009 ($300 million in 2007) out of which at least 85% must be allocated to low-income countries. Hosted by the WHO in Geneva, the organization's principal strength is the negotiation of low prices for drugs on the basis of its strong financial means.<unk>  does not have its own programs for the distribution of medication but supports programs by its partner organizations such as The Global Fund, the Clinton Foundation, or the WHO.
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