News / Africa

Gates Foundation Pledges $10 billion for Vaccine Research

Multimedia

Audio
Joe DeCapua

The Bill and Melinda Gates Foundation Friday pledged $10 billion dollars over the next 10 years to research and develop new vaccines.  The announcement came at the World Economic Forum in Davos, Switzerland. 

It was 10 years ago that Bill and Melinda Gates first made their commitment to vaccine research.  It led to the creation of the Global Alliance for Vaccines and Immunization, or GAVI.

“Over these last 10 years, the success of both increasing vaccine coverage and getting new vaccines out has been phenomenal,” he says. 

Redoubling Commitment

“Over this last decade we’ve spent $4.5 billion on vaccine research and delivery.  And today we’re announcing a commitment over this next decade, which we think of as a decade of vaccines having incredible impact – we’re announcing we’ll spend over $10 billion on vaccines,” he says.

Gates Foundation Pledges $10 billion for Vaccine Research
Gates Foundation Pledges $10 billion for Vaccine Research



Despite the amount of the foundation’s pledge, Gates says it’s not enough to develop all the vaccines needed in the developing world.

“We need the increased generosity of the rich world governments.  The amount of aid that goes to health and vaccines in particular has gone up and it needs to go up even more.  We need help from the developing countries as they put priority on this in their budgets and the quality of their delivery systems to get out and reach every child,” he says.


And he calls for more public/private partnerships that include the major pharmaceutical companies.

Life saving and cost effective

Melinda Gates explains why the Gates Foundation is renewing its pledge to support vaccine research and development.

"It’s really because of what Bill and I have seen that’s been possible – the amazing life-saving advances of this technology of vaccine and the success of the GAVI Alliance and what they’ve really done the last 10 years,” she says.

She says there used to be much lag time between the time a vaccine appeared in the U.S. or Europe and the when they became available in poor countries.

“That amount of time is starting to come down.  We were also quite surprised when we first started looking at vaccines – that they were such a life-saving advance.   They were so effective and cost effective and yet immunization rates were on the decline if you look back 10 years ago,” she says.

However, she says in the last nine years, immunization rates – for such diseases as diphtheria, tetanus and pertussis – have risen sharply.

“The vaccine rate has jumped worldwide from 66 percent to 79 percent.  That means more children who are staying alive because of these basic vaccines, Gates says.

 Polio, once in 125 countries, is now endemic in four, she says, and is on the verge of eradication.

Melinda Gates says with the investment by the foundation and its partners, the deaths of eight million children would be prevented over the next nine years.  She is also confident a malaria vaccine will eventually be developed.

Julian Lob-Levyt, chief executive officer of GAVI, says there have been many successes since the alliance’s creation.

“More than 250 million children have been immunized. And the latest data that we’re releasing today from WHO (World Health Organization) five million deaths have been prevented with that kind of support.  Those are phenomenal sums.  In sub-Saharan Africa now nearly 80 percent of kids are getting their three shots of vaccines,” he says. 

The announcement by the Gates Foundation was made at the World Economic Forum, which runs through January 31st. 
 

You May Like

At Khmer Rouge Court, Long-Awaited Verdict Approaches

First phase of trial, which is coming to an end, has focused on forced exodus of Phnom Penh in 1975 - and now many are hopeful justice will be served More

Video When Fighting Eases, Gazans Line Up at Bakeries

When there is a lull in the conflict, residents who have been hunkered down in their apartments rush out to stock up on food and other necessities More

Video Information War Rages Alongside Real One in Ukraine

Downing of Malaysian airliner, allegations of cross-border shelling move information war in war-torn country to a new level More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Information War Rages Alongside Real One in Ukrainei
X
Al Pessin
July 31, 2014 8:13 PM
The downing of the Malaysian airliner two weeks ago, and allegations that Russians are shelling Ukrainian troops across the border, have moved the information war swirling around the Ukrainian conflict to a new level. VOA's Al Pessin reports from Kyiv.
Video

Video Information War Rages Alongside Real One in Ukraine

The downing of the Malaysian airliner two weeks ago, and allegations that Russians are shelling Ukrainian troops across the border, have moved the information war swirling around the Ukrainian conflict to a new level. VOA's Al Pessin reports from Kyiv.
Video

Video When Fighting Eases, Gazans Line Up at Bakeries

When there is a lull in the conflict in Gaza, residents who have been hunkered down in their apartments rush out to stock up on food and other necessities. Probably the most important destination is the local bakery. VOA’s Scott Bobb reports from Gaza City.
Video

Video US-Funded Program Offers Honduran Children Alternative to Illegal Immigration

President Obama and Central American leaders recently agreed to come up with a plan to address poverty and crime in the region that is fueling the surge of young migrants trying to illegally enter the United States. VOA’s Brian Padden looks at one such program in Honduras - funded in part by the United States - which gives street kids not only food and safety but a chance for a better life without, crossing the border.
Video

Video 'Fab Lab' Igniting Revolution in Kenya

The University of Nairobi’s Science and Technology Park is banking on 3-D prototyping to spark a manufacturing revolution in the country. Lenny Ruvaga has more for from Nairobi's so-called “FabLab” for VOA.
Video

Video Gazans in Shelled School Sought Shelter

Israel's air and ground assault against Hamas-led fighters in Gaza has forced many Palestinians to flee their homes, seeking safety. But safe places are hard to find, as VOA’s Scott Bobb reports from Jabaliya.
Video

Video Rapid Spread of Ebola in West Africa Prompts Global Alert

Across West Africa, health officials are struggling to keep up with what the World Health Organization describes as the worst ebola outbreak on record. The virus has killed hundreds of people this year. U.S. President Barack Obama and other world leaders are watching the developments closely as they weigh what actions, if any, are needed to help contain the disease.
Video

Video Michelle Obama: Young Africans Need to Embrace Women's Rights

U.S. first lady Michelle Obama urged some of Africa's best and brightest to advocate for women's rights in their home countries. As VOA's Pam Dockins explains, Obama spoke to some 500 participants of the Young African Leaders Initiative, a six-week U.S.-based training and development program.
Video

Video Immigrant Influx on Texas Border Heats Up Political Debate

Immigrants from Central America continue to cross the U.S.-Mexico border in south Texas, seeking asylum in the United States, as officials grapple with ways to deal with the problem and provide shelter for thousands of minors among the illegal border crossers. As VOA's Greg Flakus reports from Houston, the issue is complicated by internal U.S. politics and U.S. relations with the troubled nations that immigrants are fleeing.
Video

Video Study: Latino Students Most Segregated in California

Even though legal school segregation ended in the United States 60 years ago, one study finds segregation still occurs in the U.S. based on income and race. The University of California Los Angeles Civil Rights Project finds that students in California are more segregated by race than ever before, especially Latinos. Elizabeth Lee reports for VOA from Los Angeles.

AppleAndroid