by Frank Bergman, Slay News:
Microsoft co-founder Bill Gates has announced his foundation is spending tens of millions of dollars on a scheme to “advance” new mRNA vaccines for multiple diseases.
On Monday, the Bill & Melinda Gates Foundation announced $40 million in funding to accelerate the plan in Africa and other third-world states.
The massive cash boost will “advance access to mRNA research and vaccine manufacturing technology that will support low-and middle-income countries’ (LMICs) capacity to develop high-quality, lifesaving vaccines at scale,” according to an October 9 press release from the Gates Foundation.
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The $40 million will be spent on boosting access to low-cost mRNA research.
Much of the investment, $20 million, will fund a manufacturing platform developed by Belgium-based Quantoom Biosciences.
Two research institutes in Africa—located in Senegal and South Africa—will also get $5 million each.
The remaining $10 million will go to vaccine manufacturers from low- and middle-income countries.
According to the press release, Quantoom’s platform can lead to a more than 50 percent drop in mRNA vaccine development costs compared to traditional mRNA technology.
The Gates Foundation argues that mRNA vaccines have “simpler research and manufacturing processes” compared to traditional vaccines.
As such, expanding the technology to countries like South Africa and Senegal can lead to the development of low-cost mRNA vaccines for diseases like malaria and tuberculosis.
This isn’t the first investment Gates has made in the scheme, however.
The latest $40 million adds to the $55 million the Gates Foundation has already pumped into mRNA manufacturing technology.
Dr. Muhammad Ali Pate, Nigeria’s coordinating minister of health and social welfare and a global expert on vaccines, touted the “benefit” of Gates advancing mRNA technology.
