Express

Bill & Melinda Gates Foundation Adds $150 Million Funding to Fight Coronavirus

Dawn Wu

Summary: The Bill & Melinda Gates Foundation announces Wednesday that they will put additional funding of $150 million to combat COVID-19.

The Bill & Melinda Gates Foundation announces Wednesday that they will put additional funding of $150 million to combat COVID-19 in a press release. This brings up the cumulative number of grants to fight COVID-19 from the foundation to over $250 million. The statement also calls for international cooperation.

According to the foundation, the additional fund will be used to support the procurement of essential medical supplies, help life sciences companies develop treatments and vaccines, protect the vulnerable in the US, and help poverty-stricken countries to stop the virus. 

According to WHO’s Individual Statements of Account by Member State, in 2019, the US federal funded around $120 million to the WHO. US President Donald Trump recently orders a halt to US funding to the WHO.

By Dawn Wu

Last Update:

Tags: ,,
Link: Bill & Melinda Gates Foundation Adds $150 Million Funding to Fight Coronavirus   [Copy]
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 2 days ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 5 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 6 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 9 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 10 days ago
  • You need to login to comment.