Billionaires, Mark Zuckerberg and Bill Gates joined forces to find a cure for the Corona virus as the U.S. became the center of the epidemic. Zuckerberg and his wife Priscilla Chan donated $ 25 million to the Bill & Melinda Gates Foundation, which organized the “Covid-19 Therapeutic Accelerator” through the Chan Zuckerberg Initiative. While the Gates Foundation donated $ 50 million last month, Wellcome and Mastercard increased its total fund up to $ 125 million and explored antiviral drugs that can fight disease.
$ 25 million donation from Zuckerberg to Bill Gates’ foundation “Viruses such as COVID-19 spread rapidly, but the development of treatments to stop vaccines and treatments is slow,” said Mark Suzman, general manager of the Bill & Melinda Gates Foundation. If we want to protect the world and vulnerable people from outbreaks like COVID-19, we need to find a way to move research and development faster. This requires governments, private enterprises, and charitable organizations to act quickly to fund R&D. ” said.
The aim is to develop affordable treatment
The aim of the project is to develop affordable treatments for Covid-19 disease. The accelerator will evaluate new and existing drugs for the treatment of Covid-19 patients. “Covid-19 Therapeutic Accelerator” will also work with the World Health Organization on the project. “Essentially the idea is that a drug can help against more than one disease,” said Zuckerberg. For this reason, all previously scanned drugs can be taken and tested to reduce Corona virus symptoms. ” said.
With this initiative of silicon valley technology giants, it can increase funding and speed up the race for drug companies to develop and distribute a new treatment. Financing can also enable researchers to look at existing drugs in more detail. Potential treatments for Covid-19 Corona virus can be evaluated. This slows the disease to the world, reducing the burden of hospitals and intensive care units.