Gates Foundation boosts funding for Covid-19 fight

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Gates Foundation boosts funding for Covid-19 fight
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Much of the US$150 mil is to support the development of vaccines. FMTNews Covid19

The foundation is controlled by mega-billionaire Microsoft founder Bill Gates and his wife Melinda.

Suzman announced the foundation, started and controlled by mega-billionaire Microsoft founder Bill Gates and his wife Melinda Gates, is adding US$150 million to the US$100 million it announced in February to help in international efforts to battle the coronavirus pandemic. But the foundation has its focus on preparing for the creation of a vaccine that could effectively halt the spread of coronavirus.

He said both China and the US have to be part of the joint effort, as well as the World Health Organization. On Tuesday, US President Donald Trump said he was cutting off US funds for the WHO.

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