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News of a major development in a COVID-10 vaccine was released earlier this week.
Following news earlier this week of a promising development of a COVID-19 vaccine, the Bill and Melinda Gates Foundation announced Thursday that it would pledge an additional $ 70 million to make sure the vaccines were available to everyone, not just those. who could afford them.
“COVID-19 everywhere is COVID-19 everywhere,” Melinda Gates, the foundation’s co-chair, said in a statement. “This is why we need to ensure that everyone has equal access to tests, drugs and vaccines when they are available, regardless of where you live in the world.”
The foundation pledged $ 50 million to the COVAX Advance Market Commitment group, a branch of Gavi, the Vaccine Alliance, and a $ 20 million grant to the Coalition for Epidemic Preparedness Innovations.
According to the foundation, Gavi and CEPI are co-leading vaccine efforts for the COVID-19 Access Tool Accelerator, a global group that aims to promote equal access to COVID-19 testing, treatments, and vaccines.
The financial commitment of the American philanthropic group comes when news of a major development in a coronavirus vaccine arrived earlier this week. Pfizer and partner Biontech said on Monday that its COVID-19 vaccine was 90% effective based on early analysis, ushering in a new optimism that the cataclysmic global pandemic could soon end.
The Pfizer and BioNTech vaccine, however, faces many costly hurdles in distribution because it requires special ultra-low temperature freezers not found in typical medical offices, a problem that has led many to speculate that there may be disparities in its administration.
In the United States, multiple reports have already indicated disparities with the virus, as well as with access to testing for it, between low-income communities and richer areas.
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