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Gates on Friday said that he and his foundation would spend $150 million to distribute vaccines, if they are found, to some of the world's poorest people. It's one of the largest financial commitments for coronavirus response to date from Gates, the world's second-richest person. The Gates Foundation is handing the money to the Serum Institute, the largest manufacturer of vaccines globally by volume, to produce 100 million doses that would cost at most just $3 each.
Gates has been among the foremost leaders on vaccine production over the last two decades, spending $4 billion on the global vaccine development effort known as Gavi. And for months, the billionaire has expressed profound worries that while rich countries may fare okay at surviving the coronavirus, that the pandemic will devastate poor countries that can't afford to administer the treatment, whenever it arrives.
originally posted by: IAMTAT
a reply to: Southern Guardian
Bill Gate's garage probably costs $150M.
Gates has been among the foremost leaders on vaccine production over the last two decades, spending $4 billion on the global vaccine development effort known as Gavi.
What's 3 times 7.5 billion?
originally posted by: ChiefD
a reply to: Southern Guardian
Awesome post, S&F! My friend, you are a total glutton for punishment. You make these wonderful posts that are smart, use common sense, and are not quoting some fringe thing. Then the peanut gallery chimes in and within their little bubble, rips you to shreds. I am on your side and feel the same way you do.
Check your PM’s.
originally posted by: Trueman
a reply to: Southern Guardian
3 dollars for your soul. What a deal.