

CNN. Friday, January 29, 2010
Davos, Switzerland (CNN) —
Bill and Melinda Gates announced plans Friday to invest $10 billion in the fight against a number of illnesses including AIDS and said the record donation could save nearly nine million lives.
Speaking at the World Economic Forum in Davos, Switzerland, they said the 10-year program will focus on vaccines for AIDS, tuberculosis, rota virus and pneumonia.
“We must make this the decade of vaccines,” said Bill Gates.
“Vaccines are a miracle,” added Melinda Gates. “With just a few doses, they can prevent deadly diseases for a lifetime. We’ve made vaccines our priority at the Gates Foundation because we’ve seen firsthand their incredible impact on children’s lives.”
Since stepping down as chief executive officer of Microsoft in mid-2008, Bill Gates has devoted most of his time to the Bill and Melinda Gates Foundation, a philanthropic organization he set up with his wife Melinda. He remains part-time chairman of the software giant.
Bill, Melinda Gates donate $10bn for vaccines in developing countries
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| 2010-01-30 13:40:00 |
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The decision of Bill and Melinda Gates Foundation to devote 10 billion
dollars to vaccine research, development and delivery in the next ten
years has drawn a warm response.
Diseases like pneumonia, diarrhoea and malaria lead to the death of 5
million children worldwide annually, mostly in low-income countries,
because those who need vaccines do not have access to them. The Gates
Foundation seeks to eradicate this global inequity.
Orin Levine, executive director of the International Vaccine Access
Center (IVAC), pointed out that the "announcement is a major boost for
global health and vaccines."
He said: The Bill and Melinda Gates Foundation has once again set the
bar for results-driven aid. By aiming at pneumonia, diarrhea, and
malaria, the funding will save millions of lives.
"But the Gates Foundation cannot achieve the full promise of vaccines
on its own. Manufacturers must increase their investments in vaccine
research and development, donor countries must mobilize to help fund
new vaccines, and developing countries must make the investments and
take the steps necessary for delivering life-saving vaccines to their
children."
Levine added: "Now more than ever and in light of the opportunities
provided by the Gates Foundation's commitment, we urge all parties to
work together to ensure access to life saving vaccines to those who
need them worldwide." (ANI) |
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