ADVERTISEMENT

Health needs not hard cash should determine who gets the coronavirus vaccine first, says Bill Gates

Billionaire Microsoft found Bill Gates spoke at a COVID-19 virtual conference on Saturday.

bill gates
ADVERTISEMENT

Bill Gates said that once a coronavirus vaccine is discovered, it should be distributed fairly and not just go to the "highest bidders."

The billionaire Microsoft founder was speaking at a virtual conference on the coronavirus hosted by the International AIDS Society on Saturday.

"If we just let drugs and vaccines go to the highest bidders, instead of to the people and the places where they're most needed, we'll have a longer, more unjust, deadlier pandemic.

ADVERTISEMENT

"We need leaders to make these hard decisions about distributing based on equity, not just on market-driven factors," Gates said.

Gates' appeal follows the United States' buying up of almost the entire world's stock of remdesivir , a drug that has proved effective in helping patients recover faster from the coronavirus.

First-world countries have also been investing billions of dollars in vaccine research, raising questions about whether these countries will be first in line if and when a vaccine is discovered.

Gates said he was optimistic that nations would band together and disperse coronavirus drugs equitably, judging by the global response to HIV/AIDS.

"Global cooperation, a resolve to invent the tools and get them out where they're needed most, is critical," Gates said. "When we have those things, nations, institutions, and advocates working together on this collective response, we do see remarkable impact."

ADVERTISEMENT

See Also:

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

Africa's gaming gold rush: Unveiling the surge in online gambling

Africa's gaming gold rush: Unveiling the surge in online gambling

Seven African countries added to Meta's AI service coverage

Seven African countries added to Meta's AI service coverage

10 African countries with the lowest inflation rates in 2024

10 African countries with the lowest inflation rates in 2024

Davido launches his label Nine+ in partnership with UnitedMasters

Davido launches his label Nine+ in partnership with UnitedMasters

Nigeria's economic ranking drops to fourth in Africa

Nigeria's economic ranking drops to fourth in Africa

Moscow inaugurates its House of Africa

Moscow inaugurates its House of Africa

The CBN justifies $2b billion loss in forex, dispelling Naira defense claims

The CBN justifies $2b billion loss in forex, dispelling Naira defense claims

10 best airports in Africa in 2024

10 best airports in Africa in 2024

10 most expensive cities in Africa in 2024

10 most expensive cities in Africa in 2024

ADVERTISEMENT