Billionaire philanthropist Bill Gates has announced his foundation is paying for the construction of facilities that will manufacture seven promising coronavirus vaccines and the best two vaccines would be picked up for final trials.
In an interview with host Trevor Noah on The Daily Show, he said the Bill and Melinda Gates Foundation is moving forward with building manufacturing capacity for the seven vaccine candidates to save time, as the novel coronavirus pandemic spread throughout the world, reports The Hill.
“Even though we’ll end up picking at most two of them, we’re going to fund factories for all seven just so we don’t waste time in serially saying ‘ok which vaccine works’ and then building the factory,” Gates was quoted as saying.
“It’ll be a few billion dollars we’ll waste on manufacturing for the constructs that don’t get picked because something else is better. But a few billion in this situation we’re in, where there’s trillions of dollars…being lost economically, it is worth it,” Gates emphasized on the TV show.