Gates, other charities pledge $125 million towards COVID-19 treatments

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Gates, other charities pledge $125 million towards COVID-19 treatments
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The Bill & Melinda Gates Foundation and two other large charities on Tuesday ple...

FILE PHOTO: Bill Gates, Co-Chair of Bill & Melinda Gates Foundation, attends the World Economic Forum annual meeting in Davos, Switzerland, January 22, 2019. REUTERS/Arnd Wiegmann

The effort, known as the COVID-19 Therapeutics Accelerator, will focus on new and repurposed drugs that can be used right away to treat patients infected with the novel coronavirus and possibly other viruses in the future. Currently, no antiviral drugs or other immune system treatments have been approved to treat COVID-19, the disease caused by the virus.

The Gates Foundation’s funding is part of its $100 million commitment to the COVID-19 response announced last month.

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