Headline, December 09 2020/ ''' '' BILL GATES BIND '' ''' : ! THANK YOU !

''' '' BILL GATES BIND '' ''' :

 ! THANK YOU !

THERE WOULD BE ONE SIMPLE way to judge the global vaccine initiative : ''When did we stop the pandemic? That's the thing this all needs to be measured by.''

The World will always be in debt to Bill Gates.

With a $100 million initial pledge, Mr. Gates helped create the Coalition for Epidemic Preparedness Innovations to invest in drugs and experimental vaccines. The foundation, which has about 1,000 employees, also funded academic researchers, installed its executives on the boards of multiple organizations and directly invested in drug companies.

One of them was the German company BioNTech, which got a $55 million equity investment in September 2019. The business, partnering with Pfizer, announced recently that their jointly developed  Covid-19 vaccine appeared to be 95 percent effective, and applied to U.S. Food and Drug Administration for emergency authorization.

In March, Mr. Gates was urging drug makers to move fast, cooperate with one another, open up their libraries of drug compounds and share production responsibilities.

The Gates Foundation employs former pharmaceutical executives in its top ranks. Working with the Coalition for Epidemic Preparedness Innovations, they helped steer the money into Covid-19 vaccine candidates and biotechnologies that could be quickly manufactured and suitable for the developing world.

He and others believed that vaccine makers would not maximize production for the developing world, especially when rich countries were clamoring for doses, because it wouldn't serve their bottom line.

India and South Africa, is asking the World Trade Organization not to enforce coronavirus related intellectual property rights, were seeking a way to wrest control from the big companies and increase local manufacturing.

But Mr. Gates and many health experts thought that most companies were taking laudable steps to help ensure success, such as nonprofit pricing and licensing of their technology to other manufacturers.

They argued that drug makers wouldn't take on the costly process of creating new products of their lucrative patents were jeopardized and that their control over the vaccine would ensure quality and safety.

Bill Gates called the British Prime Minister and then made his pitch : The world would never be safe from the virus and the global economy would never recover unless poor countries received vaccines and treatments too.

Bill Gates had a long record of getting rich countries to provide funding for public health initiatives in poorer countries. Politicians saw him as a steward of public dollars with a nose for good investments.

Leaders of wealthy countries were asked not only to help fund the initiative - which was supporting development of nine potential vaccines - but also to buy doses for their own populations.

Companies either would charge all countries the same price or set tiered prices for low -middle- and high income nations, any could bow out if the price exceeded $21 per dose, poor countries could get cheap, subsidized doses for up to 20 percent of their populations by the end of the next year, but the wealthier nations could sign up for more.

IN THE CURRENT PLAN for a global vaccine deal, poor countries would receive only enough doses to inoculate 20 percent of their populations by the end of next year. Some models show that there will not be enough doses to cover the entire world until 2024.

With so much attention on wealthy nations, there were little consultation with those the effort was intended to help most. It wasn't until last fall that lower-income countries learned they would have to pay $1.60 or $2 per dose, a significant price that would require some to secure bank loans or grants.

''It's going to be subsidized, yes, but countries still have to budget for their co-pay amount,'' said Chizoba Barbara Wonodi, the Nigeria director at the John Hopkins International Vaccine Access Center. ''So they need to be at the table when these discussions are made.

Mr. Zavallos, the Ecuadorian health minister, said he had spoken with fellow ministers in the region about raising concerns through their precedents.

''They say, 'You don't get to choose but you pay,'' Mr. Zevallos said. ''I'm disappointed.''

The Honor and Serving of Bill Gates Great Service to Humanity continues. The World Students Society thanks all authors.

With respectful dedication to Mankind, Bill Gates, Leaders, Students, Professors and Teachers of the world. See Ya all prepare and register for Great Global Elections on The World Students Society : wssciw.blogspot.com and Twitter - !E-WOW! - The Ecosystem 2011 :

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