Bill Gates' COVID-19 vaccine to be ready in 12 months

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The foundation has already given $250 million to help with the Wuhan coronavirus response but its commitment of manpower and expertise is of greater benefit, said Gates.

"This [coronavirus] has the foundation's total attention", Gates continued.

"If everything went perfectly, we'd be in scale manufacturing within a year", Gates said during Fareed Zakaria's Global Positioning System programme in CNN... We're definitely in the tens [of trillions], which blows the mind.

The Bill & Melinda Gates Foundation is now devoting all of its attention to addressing the global outbreak of the novel coronavirus, Microsoft co-founder Bill Gates said in an interview published Sunday. It means that the existing mandate of the foundation, which includes seeking to eradicate polio and AIDS worldwide, will be temporarily slowed or paused while the organization focuses its resources on the pandemic; Gates' decision to focus the group's significant resources here should only emphasize the seriousness of the situation.

"There's many that I'm very hopeful about", Gates says. "Even our non-health related work, like higher education and K-12 (schools), is completely switched around to look at how you facilitate online learning".

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He said that, as some people say it will not be a reality to get a vaccine produced by the month of September. "Fewer people able to show up for routine immunization or supply chains for immunization not working well, that's hundreds of thousands of deaths right there".

The Bill & Melinda Gates Foundation has backed Inovio Pharmaceuticals Inc. The president also announced that the United States would stop funding to the organisation. The goal, as it is seen by him, ought to be to select one or even two of their most promising vaccine candidates in the dozens and place all energy and resources into getting the world - along with those manufactured. The foundation has an endowment of more than US$40 billion. "If you'd asked me six months ago, I wouldn't have thought that was possible".

In the Financial Times interview, Gates added that he believes Trump will have a "deep analysis" and decide that the World Health Organization should "get more money, not less money".

Gates (who has also become a top target of coronavirus-related conspiracy theories) also remains critical of the US government's response to the coronavirus pandemic. He called the accusations ironic, after his foundation has spent decades funding and leading research into understanding and protecting against unsafe diseases, though he said he doesn't believe a "meaningful" number of people believe them.

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