Bill Gates pledge to donate $10 billion for vaccines
February 1st, 2010 - 9:27 pm ICT by Aishwarya Bhatt
Davos, Feb 1 (THAINDIAN NEWS) The Gates Foundation headed by Bill and Melinda Gates announced on Friday, that they are going to pledge a sum of $10 billion over the next decade, to vaccinate the children of the developing world. They are doing this to prevent the deaths of over 8 million children, due to lack of vaccination. A decade ago, the Gates Foundation had used the Economic Forum in Davos to launch their sincere commitment to vaccines.
“We are redoubling our commitment. We spent USD 4.5 billion …and today we are announcing a commitment over the next decade, which we think of as the decade of vaccines. We will spend over USD 10 billion on vaccines,” said Bill Gates to reporters in Davos. “This is an amazing announcement. GAVI has saved some 5 million children and immunized 250 million in the world’s 72 poorest countries,” said Julian Lob-Levyt, the CEO of GAVI, a public-private mixed structure organization.
The vaccine group GAVI would receive a portion of the $10 billion. They would not get the full amount, as it is going to be divided between research and groups that deliver the end product. “We really believe vaccines are great miracle of our lifetime,” said Melinda, hoping that the new donation of $10 billion would help in saving the lives of eight million children in the developing world. Both Bill and Melinda hoped that the vaccine for malaria, would be developed in their lifetime.
- Bill Gates pledges $10 billion for vaccines over decade - Jan 29, 2010
- Gates Foundation pledges $10 billion to develop vaccines - Jan 30, 2010
- Pune firm slashes pentavalent vaccine prices 60 percent - Jun 13, 2011
- Britain to donate $1.32 bn to vaccinate poor kids - Jun 13, 2011
- 'India needs to step up vaccination to save its children' - Jun 11, 2011
- Bill Gates contributes $750 million to global AIDS fund - Jan 26, 2012
- Bill Gates Foundation Donates $10 Billion For Vaccine - Feb 01, 2010
- Gates Foundation calls for investments for vaccines - May 17, 2011
- Bill and Melinda Gates Foundation to focus on drugs, vaccine research - Mar 24, 2011
- Bill, Melinda Gates donate $10bn for vaccines in developing countries - Jan 30, 2010
- Hyderabad foundation gets $100,000 grant for polio vaccine - May 10, 2012
- US firm gets $220 mn Gates grant to combat TB - Mar 15, 2012
- Bill Gates to visit India this week - Mar 21, 2011
- Bill Gates lauds India's polio eradication drive - Jan 10, 2012
- Football fans, clubs to rally against polio in India - Jul 29, 2011
Tags: 5 million, bill and melinda, bill and melinda gates, bill gates, ceo, deaths, developing world, economic forum, gates foundation, gavi, julian, lifetime, malaria, miracle, next decade, pledge, poorest countries, vaccination, vaccine group, vaccines