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Gates, Wellcome and Mastercard launch $125 million fund to finance COVID-19 treatments

The Bill & Melinda Gates Foundation, Wellcome, and Mastercard announced a new initiative yesterday to accelerate technologies designed to identify, assess, develop, and scale treatments to the COVID-19 epidemic.
The COVID-19 Therapeutics Accelerator will evaluate new and repurposed drugs and biologics to treat patients with COVID-19 in the immediate term, and other viral pathogens in the future, according to a statement from the Gates Foundation.
As part of the initiative, the three partners committed to “equitable access, including making products available and affordable in low-resource settings.”
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