The social media platform TikTok and the philanthropic Gates Foundation donated $10 million each Wednesday to the vaccine alliance GAVI to help finance efforts to tackle the COVID-19 pandemic in Africa.
GAVI stated the funds would be used to distribute and deploy any new vaccines against COVID-19 once they’re developed, trialed, and licensed.
It would help prevent “a potentially catastrophic impact on immunization programs throughout the growing world,” GAVI Chief Govt Seth Berkley mentioned in an announcement.
GAVI is a public-private partnership supported by the Bill & Melinda Gates Foundation, the World Health Organization, the World Bank, UNICEF, and others, which arranges bulk buys to scale down vaccine costs for poor nations.
Last week Berkley stated he was encouraged by the sheer number of potential COVID-19 vaccines in the early levels of development worldwide, which he stated would slim down to a smaller quantity as some progress, and some failed.
“The challenge is going to be now, once all of the science bubbles up, is to have some standardized criteria that one can slim it down to a smaller quantity. And what will be important is being able to make these selections based on science and not politics.”
GAVI stated this month it planned to disburse $29 million to help health systems in 13 underdeveloped countries to fight COVID-19.