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Chan Zuckerberg Initiative pledges USD 25M to fund researching COVID-19 treatments

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Press Trust of India Houston
Last Updated : Mar 29 2020 | 7:48 AM IST

The Chan Zuckerberg Initiative, the philanthropic arm of Facebook founder Mark Zuckerberg and his wife Priscilla Chan, has announced plans to team up with the Bill and Melinda Gates Foundation to donate USD 25 million to a research fund exploring possible COVID-19 treatments.

"I'm really proud to share that (The Chan Zuckerberg Initiative is) going to be joining Gates and others to put together something they're calling the therapeutics accelerator to fight coronavirus," Chan told "CBS This Morning" co-host Gayle King.

Chan told King that their goal is "to fund a group to screen all the drugs that we know have potential effects against coronavirus."

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First Published: Mar 29 2020 | 7:48 AM IST

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