Mark Zuckerberg’s Chan Zuckerberg Initiative is getting in on the fight to help find a cure for . On Friday the Facebook co-founder and CEO and his wife, Priscilla Chan, appeared on CBS This Morning to announce that their foundation will be donating $25 million to the COVID-19 Therapeutics Accelerator in the hopes of helping speed up the development of treatments for coronavirus.
Announced earlier this month, the COVID-19 Therapeutics Accelerator was created by Microsoft co-founder Bill Gates and his wife Melinda’s Gates Foundation in partnership with MasterCard and UK-based medical foundation Wellcome.
The Gates Foundation and Wellcome each pledged $50 million to the initial funding of the accelerator with MasterCard contributing $25 million.
In speaking with Gayle King, Chan said the goal of the group was to “screen all the drugs that we know have potential effects against coronavirus,” continuing that “figuring out drugs is always expensive, but philanthropy can do a role in kickstarting” the process.
“Often a drug can be helpful against multiple diseases,” added Zuckerberg. “So you can basically take all those drugs that have already been screened as safe and test them to see if they might also have a positive impact for either preventing the coronavirus or reducing the symptoms (of the disease) and making it less damaging.”
The accelerator is just one of the latest ways executives from major tech companies have announced their contributions in fighting the global pandemic.
Earlier this month Alibaba co-founder Jack Ma announced that he would Tesla and SpaceX head Elon Musk said that he will be . Musk also donated equipment to UCLA Health to help personnel at the medical center.while
As of press time, there have been nearly 560,000 confirmed cases of coronavirus around the world with over 86,000 cases in the United States according to tracking by Johns Hopkins University. Over 25,000 people have died as a result of the pandemic.
The information contained in this article is for educational and informational purposes only and is not intended as health or medical advice. Always consult a physician or other qualified health provider regarding any questions you may have about a medical condition or health objectives.
- Colleges That Require Coronavirus Screening Tech Struggle to Say Whether It Works – The New York Times
- Colleges That Require Virus-Screening Tech Struggle to Say Whether It Works – The New York Times
- Gender Equality in Tech (GET) Cities Expands to DC to Diversify the Tech Ecosystem – Yahoo Finance
- Turkey Widens War Tech Hunt by Tapping Pakistan’s China Ties – Bloomberg
- Tech recruiting lessons in the Covid-19 era – Information Age
- Virtual tech event highlights local STEM professionals during WHAT I CAN BE! Tech Career Showcase – Herald-Mail Media
- Accenture’s Tech Push Makes It World’s Most Acquisitive Company – Bloomberg
- Tech Hosts Duke for Senior Night – Men’s Basketball — Georgia Tech Yellow Jackets – Georgia Tech Official Athletic Site
- No. 22/19 Tech set for final home game, takes on Cards – VT hokiesports.com