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- Biden to Spend $5 Billion On New Coronavirus Vaccine Initiative Supported by Gates, Fauci and Republican Lawmakers
Biden to Spend $5 Billion On New Coronavirus Vaccine Initiative Supported by Gates, Fauci and Republican Lawmakers
The U.S. government will spend $5 billion on a program to accelerate the development of new coronavirus vaccines and therapeutics, White House officials announced this week. Project NextGen, a successor to Operation Warp Speed, has bipartisan support and will receive funding from the Bill & Melinda Gates and Rockefeller Foundations.
by Michael Nevradakis, Ph.D. Children’s Health Defense
The U.S. government will spend $5 billion on a program to accelerate the development of new coronavirus vaccines and therapeutics, White House officials announced this week in an interview with The Washington Post.
Dubbed “Project NextGen,” the new initiative will serve as the successor to the Trump administration’s “Operation Warp Speed,” launched in March 2020 to expedite the development of COVID-19 vaccines.
Similar to Operation Warp Speed, Project NextGen — with funding from the Bill & Melinda Gates Foundation and the Rockefeller Foundation — will encourage public-private partnerships.