Bill & Melinda Gates give $10B for health vaccines
Bill and Melinda Gates announced plans today to invest $10 billion in the fight against a number of illnesses including AIDS and said the record donation could save nearly nine million lives. Speaking at the World Economic Forum in Davos, Switzerland, they said the 10-year program will focus on vaccines for AIDS, tuberculosis, rota virus and pneumonia. "We must make this the decade of vaccines," said Bill Gates. "Vaccines are a miracle," added Melinda Gates. "With just a few doses, they can prevent deadly diseases for a lifetime. We've made vaccines our priority at the Gates Foundation because we've seen firsthand their incredible impact on children's lives." Since stepping down as chief executive officer of Microsoft in mid-2008, Bill Gates has devoted most of his time to the Bill and Melinda Gates Foundation, a philanthropic organization he set up with his wife Melinda. He remains part-time chairman of the software giant. The foundation direc...