Gates Foundation Announces Additional $250M For COVID-19 Diagnostics, Treatments, Vaccines; World ‘Not On Track’ For Equitable Vaccine Distribution, CEO Suzman Says In Devex Interview
Devex: Gates Foundation COVID-19 commitment reaches $1.75B with latest pledge
“The world is ‘not on track’ for an equitable COVID-19 vaccine rollout, according to Mark Suzman, CEO of the Bill & Melinda Gates Foundation. Despite the unprecedented pace of progress in research and development for COVID-19 vaccines, a number of barriers stand in the way of getting these scientific breakthroughs to everyone who needs them, Suzman told Raj Kumar, president and editor-in-chief at Devex, in an interview for Devex World…” (Cheney, 12/10).
Seattle Times: Gates Foundation boosts funding to get coronavirus vaccines to the world’s poorest people
“…The giant Seattle philanthropy announced late Wednesday that it will spend an additional $250 million — its single largest contribution so far — to accelerate development and delivery of diagnostics, drugs, and vaccines. … The latest donation brings the foundation’s total pandemic-related grants to $1 billion. The foundation has also earmarked $750 million for forgivable loans and other financing mechanisms through an investment fund that reinvests returns in charitable causes…” (Doughton, 12/9).