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

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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.

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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.

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