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Scripps News on MSNGates Foundation commits $1.6B for global vaccine effort after US cuts fundingThe Gates Foundation said it will commit $1.6 billion over the next five years to Gavi, the Vaccine Alliance, after the U.S. announced it would no longer contribute to the global health partnership.
Gavi secured more than $9 bn in pledges, short of the $11.9 bn needed to fund its operations for the next five years.
Amid dramatic cuts in government support for global childhood immunization efforts, the Gates Foundation said today that it ...
Gavi, the Vaccine Alliance has been the Gates Foundation's biggest grantee in the vaccine industry, as it had received $7.7 billion before this announcement.
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