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Bill Gates invests a further $70 million into Covid-19 vaccine

By  Nov 15, 2020

Bill and Melinda Gates will invest another $70 million in vaccine development and distribution, they said in a statement on Thursday.

The pair had previously set aside $50 million for COVAX, an international project to ensure that low- and middle-income countries have access to the experimental vaccine, and $20 million for the Standards Coalition for Epidemiological Innovation (CEPI), which is investing in other possible candidates for the coronavirus vaccine, writes RT.

Microsoft founder Bill Gates said earlier that he wanted all seven billion people in the world to be vaccinated, and said second-generation vaccines were likely to be "easier and cheaper to produce and have better temperature stability."

Gates had previously said he believed richer countries would return to normal by the end of 2021, but said on Thursday that "we still have a long way to go".


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