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BioWorld - Friday, January 2, 2026
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Home » Gates Foundation, Wellcome Trust set up drug development accelerator targeting COVID-19
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Gates Foundation, Wellcome Trust set up drug development accelerator targeting COVID-19

March 10, 2020
By Nuala Moran
LONDON – The Gates Foundation and Wellcome Trust have joined forces with financial services specialist Mastercard in establishing a $125 million seed fund to accelerate development of drugs to treat COVID -19. The COVID-19 Therapeutics Accelerator aims to play a catalytic role by speeding up evaluation of new and repurposed drugs and biologics to treat the novel coronavirus in the near term, and other viral pathogens in the longer term
BioWorld Financings Infection Coronavirus Seed

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