The Gates Foundation, Wellcome, and Mastercard are committing $125 million in funding to companies developing treatments for the novel coronavirus.
The organizations said Tuesday that the funding would be used for a COVID-19 Therapeutics Accelerator “to speed-up the response to the COVID-19 epidemic by identifying, assessing, developing, and scaling-up treatments.”
Bill Gates has been sounding the alarm on the COVID-19 coronavirus, calling it a “pandemic,” though the World Health Organization has yet to give it that distinction.
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