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On the heels of this month’s 25th World AIDS Day, President Obama announced a $100 million initiative to find a cure for HIV infections.

“The United States should be at the forefront of new discoveries into how to put people into long-term remission without requiring lifelong therapies — or better yet, eliminate it completely,” President Obama said earlier today at the National Institutes of Health.

The president also pledged $5 billion over the next three years to the Global Fund to Fight AIDS, TB and Malaria if other countries contribute twice that amount. The Global Fund is holding its fourth replenishment meeting this week in Washington, with a goal of topping the $9.3 billion pledged three years ago.

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