Gates Foundation to give $150 million more to combat COVID-19 globally

Image
Press Trust of India New York
Last Updated : Apr 16 2020 | 1:22 PM IST

The Bill & Melinda Gates Foundation has announced an additional USD 150 million of grant for the global fight against the deadly coronavirus, raising its total funding to more than USD 250 million.

The foundation also called on world leaders to unite in a global response to COVID-19, that has infected over 2 million people worldwide, to ensure equitable access to diagnostics, treatments, and vaccines.

"It is increasingly clear that the world's response to this pandemic will not be effective unless it is also equitable, Gates Foundation co-chair Melinda Gates said in a statement on Wednesday.

We have a responsibility to meet this global crisis with global solidarity. In addition to contributing to the development of diagnostics, therapeutics, and vaccines, these funds will support efforts against COVID-19 in low-and-middle-income countries, where local leaders and healthcare workers are doing heroic work to protect vulnerable communities and slow the spread of the disease."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 16 2020 | 1:22 PM IST

Next Story