WHAT YOU NEED TO KNOW
- The Bill & Melinda Gates Foundation will release $20 million dollars immediately to help diagnose, isolate and treat patients with the coronavirus.
- Sixty million dollars will be released to test and develop a vaccine for the deadly virus.
- Twenty million dollars will be provided to South Asian and sub-Saharan Africa health authorities.
Since the coronavirus outbreak in China, it has claimed more than five hundred lives. China is trying to fight the situation by virtually locking the cities but the situation is far from being under control.
To fight the deadly virus, the Bill & Melinda Gates Foundation has pledged one hundred million dollars. The foundation will release $20 million immediately to diagnose, isolate and treat the coronavirus. It is very important to isolate patients to avoid human-to-human transmission.
On Wednesday, the charity announced that donation will be provided to multilateral bodies including the World Health Organization and Centers for Disease Control of the United States. The WHO has requested for $675 million donations to contain the virus.
According to the announcement, some of the funds will go to Chinese health authorities as well. Furthermore, they will provide support to countries with confirmed coronavirus patients.
The CEO of Bill and Melinda Gates Foundation said,
“Our hope is that these resources will help catalyze a rapid and effective international response. This response should be guided by science, not fear, and it should build on the steps that the World Health Organization has taken to date.”
Another $60 million will be released to test and develop a vaccine for the deadly virus. The charity believes that it is very important to find a vaccine to prevent the virus causing any further troubles.
Last but not the least, $20 million will be provided to South Asian and sub-Saharan Africa health authorities. The funds will enable health departments to diagnose and isolate confirmed patients.
According to the Gates Foundation, the $100 million donations include the previously announced ten million to control the situation. The charity is a joint effort of the World’s second richest man Bill Gates, whose net worth is $117 billion, and his wife Melinda Gates.