Coronavirus: Gates Foundation commits $100 million to support response

As confirmed cases of coronavirus increases across the world, foundations and multinational companies are ramping up funds to help China and health officials combat the disease.

An example of foundations committing funds to halt the spread of the disease is the Bill and Melinda Gates Foundation.

The international NGO, in a statement released on Wednesday, said it is providing up to $100 million to improve detection, isolation and treatment efforts; protect at-risk populations in Africa and South Asia; and accelerate the development of vaccines, drugs and diagnostics.

This is the second time the foundation will be committing funds to the fight against the disease since it was first detected in Wuhan, a province of China.

The foundation as of last week had committed $10 million in…

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