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Bill and Melinda Gates Pledge $10 Billion in Call for Decade of Vaccines
Date:1/29/2010

Increased vaccination could save more than 8 million children by 2020; significant funding gaps remain, others must join effort

DAVOS, Switzerland, Jan. 29 /PRNewswire-USNewswire/ -- Bill and Melinda Gates announced today that their foundation will commit $10 billion over the next 10 years to help research, develop and deliver vaccines for the world's poorest countries.

(Photo: http://www.newscom.com/cgi-bin/prnh/20100129/DC45704)

The Gateses said that increased investment in vaccines by governments and the private sector could help developing countries dramatically reduce child mortality by the end of the decade, and they called for others to help fill critical financing gaps in both research funding and childhood immunization programs.

"We must make this the decade of vaccines," said Bill Gates.  "Vaccines already save and improve millions of lives in developing countries.  Innovation will make it possible to save more children than ever before."

Bill and Melinda Gates made their announcement at the World Economic Forum's Annual Meeting, where they were joined by Julian Lob-Levyt, CEO of the GAVI Alliance.

"Vaccines are a miracle -- with just a few doses, they can prevent deadly diseases for a lifetime," said Melinda Gates.  "We've made vaccines our number-one priority at the Gates Foundation because we've seen firsthand their incredible impact on children's lives."

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SOURCE Bill & Melinda Gates Foundation
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