Gates Pledges $10B For Vaccines

Luke Timmerman1/29/10

The Bill & Melinda Gates Foundation said today that it is pledging $10 billion to foster more work on research, development, and delivery of vaccines over the coming decade. The goal is to save the lives of more than 8 million children by 2020. Bill and Melinda Gates made the announcement at the World Economic Forum in Davos, Switzerland. “We must make this the decade of vaccines,” said Bill Gates, in a statement. “Vaccines already save and improve millions of lives in developing countries. Innovation will make it possible to save more children than ever before.”

Luke Timmerman is the National Biotech Editor of Xconomy, and the Editor of Xconomy Seattle. E-mail him at ltimmerman@xconomy.com or follow him on Twitter at twitter.com/ldtimmerman.