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Bill Gates, coronavirus and the initiative to vaccinate the world

If the initiative, aided by Mr. Gates's fortune and focus, manages to help protect the world's poor from a virus it will affirm the strategies he has promoted in his philanthropic work

Vaccine
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Megan Twohey and Nicholas Kulish | NYT
The head of one of the world’s largest vaccine manufacturers had a problem. Adar Poonawalla, chief executive of the Serum Institute of India, needed $850 million for everything from glass vials to stainless steel vats so he could begin producing doses of promising coronavirus vaccines for the world’s poor.

Mr. Poonawalla calculated that he could risk $300 million of his company’s money but would still be more than a half-billion dollars short. So he looked to a retired software executive in Seattle.

Bill Gates, the Microsoft founder turned philanthropist, had known Mr. Poonawalla for years. Mr. Gates had spent billions to help

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First Published: Nov 23 2020 | 9:20 PM IST

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