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WorldPosted at: Oct 20 2021 2:04PM


Gates Foundation pledges USD 120 mln for supply of new US Covid-19 drug in poor countries

Washington, Oct 20 (UNI/Sputnik) The Bill and Melinda Gates Foundation has announced the allocation of up to USD120 million to facilitate access for lower-income countries to molnupiravir, an experimental coronavirus drug being developed by US pharmaceutical company Merck & Co in collaboration with Ridgeback Biotherapeutics.
On October 1, Merck & Co said that trials showed molnupiravir reducing the risk of hospitalization and death from COVID-19 by 50 per cent. The company has requested emergency approval for the drug from the US Food and Drug Administration. If authorized, it may become the first oral medication for treating the coronavirus infection.
“Today’s commitment will ensure that more people in more countries get access to the promising drug molnupiravir, but it’s not the end of the story—we need other donors, including foundations and governments, to act,” Melinda Gates was quoted as saying.
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