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Billionaire philanthropist and Microsoft co-founder Gates, a major GAVI backer who helped set up the alliance a decade ago, pledged an extra $1 billion dollars for GAVI over the next five years and praised donor governments and their taxpayers for recognizing what he calls the "magic" of vaccines.
Pfizer and GSK signed a 10-year deal with GAVI last March to supply 60 million doses a year of their Synflorix and Prevnar 13 pneumococcal shots at a discounted price of $7 per dose for the first 20 percent and $3.50 for the remaining 80 percent.