The Bill & Melinda Gates Foundation is funding factory construction for seven coronavirus vaccine candidates.
Eventually you will end up choosing only one or two of the seven projects, which means that billions of dollars will have been spent inefficiently . Given the emergency situation, however, Gates thinks it is worth the effort.
Seven projects
The Gates Foundation thus intends to mobilize faster than governments to combat the coronavirus outbreak. Something that has already happened in the past with other private companies, as in the famous case of the complete sequence of the human genome.
This huge investment of money has little return in the sense that, in the interest of saving time, it will be invested simultaneously in seven projects, although most likely only one or two will work .
Thus, the billionaire assumed that "they will waste a few billions on facilities and infrastructure that we will not choose because another project is better." But, in his opinion, "a few of billions in the situation we are in, where trillions of dollars will be lost in economic terms, it is worth it."
Gates believes it could take about 18 months to develop a possible vaccine to fight the coronavirus .
Gates and his wife, Melinda Gates , have already pledged $ 100 million to fight the coronavirus pandemic, including the effort to send coronavirus test kits in their own home to people in Washington state.