Gates Foundation, Wellcome, Mastercard commit $125 million to COVID-19 drugs - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Bill Gates says the novel coronavirus is a 'once-in-a-century pathogen.' The Gates Foundation just joined Wellcome and Mastercard in committing $125 million to find new treatments for it.

The Gates Foundation said Tuesday it's committing $50 million to the COVID-19 Therapeutics Accelerator, as is Wellcome. Mastercard's Impact Fund is committing the remaining $25 million, according to a statement.

It'll be used as seed funding "to speed-up the response to the COVID-19 epidemic by identifying, assessing, developing, and scaling-up treatments," the organizations said in aThe Gates Foundation said the $50 million is part of theAround the world, nearly 116,000 people have been infected with the novel coronavirus, and there have been 4,000 deaths.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Guess who owns the patent?

He invented the damn thang!!!👈🏾🤷🏾‍♂️

sailorgirl2017 What possible difference could that make? This is like asking people, 'If I toss a coin 10 times in a row, & it comes up heads every time, what's the likelihood of heads on the next toss?' Any answer other than '50/50' is wrong. 'Once in a century' is meaningless for planning.

Wolf dressed up as a Lamb🖕

Was it him or jobs that wanted to sterilize all women?

OMG

Brian Williams says just give that money to Americans and we can use that million to shield ourselves from the virus

DBChirpy That’s not encouraging. The once in a century thing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gates Foundation is funding at-home coronavirus test kits in Washington state - Business InsiderBill Gates has been warning about the risk of a pandemic disease for years and his foundation pledged $100 million last month to fight the coronavirus outbreak. A Wolf in a sheep’s costume 🖕 that is why he has nothing to offer
Source: BusinessInsider - 🏆 729. / 51 Read more »

Books on vulnerability and mindfulness recommended by Melinda Gates - Business InsiderMelinda Gates recommends these 3 books on mindfulness — and the surprising ways to achieve it. Stillness, vulnerability, and practice go into engaging with the present moment.
Source: BusinessInsider - 🏆 729. / 51 Read more »