Coronavirus: Bill Gates pumps billions in developing vaccine

Bill Gates

Bill Gates' group raises $1bn for clean energy

Bill Gates

Bill Gates said his Bill and Melinda Gates Foundation is spending billions of dollars on seven possible vaccines for the coronavirus and the disease it causes, COVID-19.

He is hoping that his efforts will be fruitful in months and end the pandemic.

Gates told The Daily Show with Trevor Noah that he was funding several efforts in partnership with other companies and countries to “save months, because every month counts.”

“Our early money can accelerate things,” Gates said.

He said the Foundation is looking at seven promising vaccines but at the end of the day it will pick two for mass production.

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Gates added that spending a few billion dollars during “the situation we’re in, where there’s trillions of dollars — that’s a thousand times more — trillions of dollars being lost economically, it is worth it.”

‘The ultimate solution… is to create a vaccine,’he said.

(Watch the interview:
There are more than 350,000 cases of the coronavirus infection in the U.S., surpassing the rest of the world.

“This is a nightmare scenario, because human-to-human transmission of respiratory viruses can grow exponentially,” Gates told Fox News on Sunday.

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