Bill Gates is plugging money into building factories for seven promising coronavirus vaccine candidates, even though it will mean wasting billions of dollars.
On Thursday’s episode of “The Daily Show,” the Microsoft billionaire told the host Trevor Noah that his philanthropic organization, the Gates Foundation, could mobilize faster than governments to fight the coronavirus outbreak.
“Because our foundation has such deep expertise in infectious diseases, we’ve thought about the epidemic, we did fund some things to be more prepared, like a vaccine effort,” Gates said. “Our early money can accelerate things.”
Gates said he was picking the top seven vaccine candidates and building manufacturing capacity for them. “Even though we’ll end up picking at most two of them, we’re going to fund factories for all seven, just so that we don’t waste time in serially saying, ‘OK, which vaccine works?’ and then building the factory,” he said.
Gates said that simultaneously testing and building manufacturing capacity is essential to the quick development of a vaccine, which Gates thinks could take about 18 months.
In a Washington Post op-ed article published earlier this week, Gates said some of the top candidates required unique equipment.
“It’ll be a few billion dollars we’ll waste on manufacturing for the constructs that don’t get picked because something else is better,” Gates said in the clip. “But a few billion in this, the situation we’re in, where there’s trillions of dollars … being lost economically, it is worth it.”
The Gates Foundation “can get that bootstrapped and get it going and save months, because every month counts,” he added.
â€”The Daily Show (@TheDailyShow) April 3, 2020
Gates and his wife, Melinda Gates, have already pledged $100 million toward fighting the coronavirus pandemic, including an effort to send at-home coronavirus test kits to people in Washington state.
In his Post op-ed article, Gates urged the government to enforce stricter lockdown measures in every state and estimated that the US would need another 10 weeks of nationwide shutdowns to effectively deal with the crisis.
“I can’t breathe” Horrific video shows moment African American man is killed after a Minneapolis police officer knelt on his neck to restrain him
265 new cases of COVID-19 recorded in Nigeria
Nigerian lady recounts how she had her twins through rape when she’s just 15 ; her twins turned out great
BREAKING: Abia Commissioner for Environment, Solomon Ogunji is dead
50 trafficked Nigerian girls and 19 stranded Nigerians evacuated from Lebanon
Sanusi speaks on moves against Adesina, says AfDB rules must be respected
ICPC probes diversion of COVID-19 funds, relief material
I had dirts on Jude Okoye, but I didn’t fight him because I didn’t think it was necessary – Cynthia Morgan
Market Development Officer (MDO) at the Federal Ministry of Agriculture and Rural Development (FMARD) – FGN/IFAD-VCDP Project
I don’t have a girlfriend – Anthony Joshua opens up on his challenges in finding true love
NFF can terminate Gernot Rohr’s contract if he fails to meet targets – Sports Minister Sunday Dare reveals
Police officer allegedly opens fire on his colleagues in Lagos
Plan International Job Recruitment (3 Positions)
Admin & Logistics Specialist at Plan International
Emergency Response Manager at Plan International
Logistics Assistants at Plan International – 2 Openings
LifeBank Job Recruitment (3 Positions)
Chief Finance Officer at LifeBank
Chief Growth Officer at LifeBank
Country Manager at LifeBank
Metro4 years ago
Cheating wife stuck to man in an hotel
News3 months ago
Sanusi reveals why he can return as Emir of Kano [Watch video]
latest news3 years ago
N-Power releases names of pre-selected 2017 N-TEACH [FULL LIST]
Entertainment4 years ago
Funke Akindele replies to Buhari’s comment
News2 months ago
Outrage as professor of medicine is accused of “colluding” with late Coronavirus patient to hide his travel history from doctors, nurses and burial attendants in Kwara
Metro4 years ago
World’s oldest man,aged 145, discovered in Indonesia
music3 years ago
UNCLE G epic musical video shoot
latest news11 months ago
IMF’s Christine Lagarde resigns as Managing Director