News / Africa

Gates Foundation Pledges $10 billion for Vaccine Research

Multimedia

Audio
TEXT SIZE - +
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

Algerians Vote in Presidential Election

There were few media reports of protests and clashes around the country, but so far no significant violence More

Sharks More Evolved than Previously Thought

The discovery could “profoundly affect our understanding of evolutionary history” More

Pakistan Military Asked to Protect Polio Workers

Request comes as authorities say a Taliban ban on vaccinations in 2012 and deadly attacks on anti-polio teams have prevented thousands of children from getting inoculated 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.
Google Buys Drone Companyi
|| 0:00:00
...
 
🔇
X
George Putic
April 15, 2014
In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Google Buys Drone Company

In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Ray Bonneville Sings the Blues and More on New CD

Singer/songwriter Ray Bonneville has released a new CD called “Easy Gone” with music that reflects his musical and personal journey from French-speaking Canada to his current home in Austin,Texas. The eclectic artist’s fan base extends from Texas to various parts of North America and Europe. VOA’s Greg Flakus reports from Austin.
Video

Video Millions Labor in Pakistan's Informal Economy

The World Bank says that in Pakistan, roughly 70 percent work in the so-called informal sector, a part of the economy that is unregulated and untaxed. VOA's Sharon Behn reports from Islamabad on how the informal sector impact's the Pakistani economy.
Video

Video Passover Celebrates Liberation from Bondage

Jewish people around the world are celebrating Passover, a commemoration of their liberation from slavery in Egypt more than 3,300 years ago. According to scripture, God helped the Jews, led by Moses, escape bondage in Egypt and cross the Red Sea into the desert. Zlatica Hoke reports that the story of the Jewish Exodus resonates with other people trying to escape slave-like conditions.
Video

Video Police Pursue Hate Crime Charges Against Kansas Shooting Suspect

Prosecutors are sifting through the evidence in the wake of Sunday’s shootings in a suburb of Kansas City, Missouri that left three people dead. A suspect in the shootings taken into custody is a white supremacist. As VOA’s Kane Farabaugh reports, he was well-known to law enforcement agencies and human rights groups alike.
Video

Video In Eastern Ukraine, Pro-unity Activists Emerge from Shadows

Amid the pro-Russian uprisings in eastern Ukraine, there is a large body of activists who support Ukrainian unity and reject Russian intervention. Their activities have remained largely underground, but they are preparing to take on their pro-Moscow opponents, as Henry Ridgwell reports from the eastern city of Donetsk.
Video

Video Basket Maker’s Skills Have World Reach

A prestigious craft show in the U.S. capital offers one-of-a-kind creations by more than 120 artists working in a variety of media. As VOA’s Julie Taboh reports from Washington, one artist lucky enough to be selected says sharing her skills with women overseas is just as significant.
Video

Video UN Report Urges Speedier Action to Avoid Climate Disaster

A new United Nations report says the world must switch from fossil fuels to cleaner energy sources to control the effects of climate change. The Intergovernmental Panel on Climate Change released the report (Sunday) following a meeting of scientists and government representatives in Berlin. The comprehensive review follows two recent IPCC reports that detail the certainty of climate change, its impacts and in this most recent report what to do about it. VOA’s Rosanne Skirble has the details.
AppleAndroid