Gates Foundation Grants $120M To PATH For Vaccine R&D, Deployment

GeekWire: PATH receives $120M Gates Foundation grant to fuel vaccine development across the globe
“Seattle-based global health nonprofit PATH announced Wednesday that it has received a $120 million grant from the Bill & Melinda Gates Foundation aimed at fueling the organization’s development and deployment of life-saving vaccines. The funds will go to the PATH Center for Vaccine Innovation and Access (CVIA), which launched last year with an initial $11 million in funding from the Gates Foundation. As part of the grant, CVIA also added four vaccine experts to its leadership team…” (McGrane, 9/6).

Seattle Times: Booster shot: Gates Foundation gives Seattle global health group $120 million for vaccine work
“…A $120 million grant to PATH’s Center for Vaccine Innovation and Access, announced Wednesday, will allow the program to operate more like a pharmaceutical company — focused not on profits but saving lives, said Dr. Trevor Mundel, Gates’ president of global health. … The four-year grant will boost PATH’s ability to work on a wide range of vaccines, including against pneumonia — now the leading infectious killer of children — and a range of respiratory and digestive infections, said PATH President and CEO Steve Davis…” (Doughton, 9/6).