welcome, login | register

Gates donates $750 million to fight AIDS, TB and malaria

The Bill & Melinda Gates Foundation will inject $750 million into the Global Fund to Fight AIDS, Tuberculosis and Malaria, Microsoft co-founder Bill Gates announced Thursday at the World Economic Forum.

At a news conference at the World Economic Forum in Davos, Gates said the funds could be used immediately to "saves lives, whether it is bed nets (to protect against mosquitoes carrying malaria) or TB (tuberculosis) treatment, those are two diseases that don't get perhaps the visibility of the work done in HIV but they are every bit as important."

The investment comes on top of $650 million the Gates Foundation has already contributed since the Global Fund was launched 10 years ago.

Comments