April 7, 2020
Bill Gates to Fund Potential Vaccine to Fight COVID-19, Sets First Testing
Microsoft founder and billionaire Bill Gates is all set to fund the latest potential vaccines that can possible defeat the pandemic virus known as the COVID-19 or Novel Coronavirus 2019.
The funding will originate from the Bill and Melinda Gates Foundation.
According from the information published through fierpharma.com online, Microsoft founder and billionaire individual Bill Gates already agreed to provide funds for the latest potential vaccine INO-4800 DNA that can defeat COVID-19. Gates is a known affluent person who owns the popular technology company, Microsoft.
Based on the published information, the first clinical testing is already on its way and it will now enter the initial phase involving a human being.
The Food and Drug Administration (FDA) in the United States had approved the submitted application coming from Inovio Pharmaceuticals. They already have the first human being who volunteered and will inject the vaccine to complete the first phase of the test.
The Investigational New Drug program will be part of the entire process too.
The INO-4800 DNA vaccine becomes an option to fight the pandemic virus after the pre-clinical studies revealed positive results, as detailed through techcrunch.com. They tested the vaccine to the animals and showed an increase level of immune response, which convinced the research experts to study it thoroughly.
This is the reason why they concluded using the vaccine for human being already.
The process of the study involves injecting an engineered plasmid (a small, independent genetic structure) with specific level into the human body of an infected patient. On this matter, it allows the body cells to produce the exact or targeted anti-body in defeating the infection caused by the virus.
However, there are still no proof that they had utilized such drug for humans before.
Through the effort and funding of the Bill and Melinda Gates Foundation, it is willing to fund at least 7 potential vaccines and determine the results for evaluation, as explained by the Billionaire Microsoft founder during an interview with Trevor Noah on The Daily Show.
The soft-spoken person likewise said through fiercepharma.com, the world cannot wait for the deployment of traditional vaccines and so his foundation will help in scaling up the tests during manufacturing, instead of waiting after.
The founder of the popular technology company said as detailed online that, “Our early money can accelerate things.” The foundation is picking the seven “most promising” vaccine constructs and will help fund factories for all seven, adding that, “even though we’ll end up picking at most two” to actually deploy.
“To get to the best case” of vaccine deployment in about 18 months, said the 64-year old Gates, “we need to do safety and efficacy and build manufacturing” simultaneously. He acknowledged the plan will result in the loss of “a few billion dollars” on projects that don’t pan out.
The green light of the FDA is certainly good news for the world and the Pennsylvania-based Inovio Pharmaceuticals begins the test this week under the clearance of the regulator.
Besides the Foundation of Gates, other non-profit organizations showed willingness to support the potential vaccines to defeat the virus globally.