Aug 7, 2020

Bill Gates-backed vaccine alliance raises $8.8 billion from world leaders and businesses

Posted by in categories: biotech/medical, business

Governments and business leaders pledged $8.8 billion on Thursday to a vaccine alliance backed by the Gates Foundation.

The money was raised at the Global Vaccine Summit, hosted by British Prime Minister Boris Johnson, with funds going toward global vaccine alliance Gavi’s efforts to immunize children amid the coronavirus crisis.

The funding was raised at a U.K.-hosted summit, which saw world leaders pledge billions of dollars to global vaccine alliance Gavi.

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