Gates Donates &#36;750 Mln for Child Vaccines -Papers
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Microsoft Chairman Bill Gates is donating &#36;750 million to pay for wider vaccination programs in developing countries, British newspapers said on Tuesday.
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The government said Thursday it is purchasing 75 million doses of a new generation anthrax vaccine under an $877.5 million contract -- the first awarded through a federal program to develop and stockpile antidotes to biological and
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Microsoft CEO Bill Gates gave a glimpse of his future as a philanthropist in a speech in Switzerland on Thursday, calling for a new kind of &quot;creative capitalism&quot; from businesses to help improve the lives of the world&#39;s poorest people.Speaking at the World Economic Forum in Davos, Switzerland, Gates challenged companies worldwide to work with governments and nonprofits to find ways to be charitable and solve the problems of the poorest people without sacrificing their own business needs.&quot;We have to find a way to make the aspects of capitalism that serve the wealthier people serve poorer people as well,&quot; he said, speaking via a webcast from Switzerland.The idea of creative capitalism combines the &quot;two great focuses of human nature -- self-interest and caring for others,&quot; Gates said. By keeping in mind business acumen, corporations can find new and innovative ways to solve major problems for 1 billion of the world&#39;s poorest people, who don&#39;t get enough food or don&#39;t have drinking water or reliable access to medication, which the rest of us take for granted, he said.&quot;This system driven by self-interest is responsible for incredible innovations that improve lives,&quot; Gates said. &quot;But to harness this power to benefit everyone, we need to refine the system.&quot;Gates plans to retire from full-time duties at Microsoft in July and devote most of his time to The Bill and Melinda Gates Foundation, the philanthropic organization he runs with his wife.Gates acknowledged Thursday that profits may not always be possible when companies try to serve the poor, so corporate leaders should change their thinking and not expect that they must make money from new business models around philanthropy. Rather, recognition for the good it does in the world should be enough for a company to take an interest in serving others, because that recognition also has business value.&quot;Recognition enhances a company&#39;s reputation, appeals to customers and attracts good people to an organization,&quot; he said. &quot;In a market where profits aren&#39;t possible, recognition becomes a proxy for profit.&quot;In a question-and-answer period following his speech, Gates said that rather than having goals that are too lofty, companies should focus on the businesses they know -- whether food, drugs, media, or technology -- to work with governments in developing countries to bring resources to the poor.He cited an example of an unnamed Dutch company, sharing its rights to a cholera vaccine to provide the medication to Vietnam for less than $1 a dose, as an example of a company leveraging its core business to bring much-needed resources to the developing world.Gates also mentioned the Red campaign as an example of creative capitalism. The campaign, supported by companies such as the Gap, Motorola, and Armani, was born out of a late-night bar conversation he had with Bono of the rock band U2, according to Gates.The Red campaign gives portions of profits from products sold to raise money for disease treatment programs in Africa. Earlier this week, Dell and Microsoft said they will sell special crimson-red versions of the XPS line of computers as part of the program. To date, Red has provided $50 million to a global fund for treating AIDS and malaria, and nearly 2 million people in Africa are receiving &quot;life-saving&quot; drugs today, Gates said.Prior to the Dell announcement, Microsoft already had been putting Gates&#39; idea of creative capitalism in practice through programs such as &quot;Unlimited Potential,&quot; which aims to promote technology skills and bring computers to emerging markets.Business leaders are not the only ones who will have to change the way they think to put creative capitalism into practice, Gates said. NGOs (nongovernmental organizations) also must be more open-minded about working with businesses to come up with new ways to serve the poor.&quot;Once upon a time the NGOs had a bad attitude&quot; about working with businesses, because they would expect too much from companies and, as a result, companies that worked with NGOs often ended up with their reputations tarnished, he said. While &quot;there is still some of that, the attitudes of both NGOs and the private sector have improved quite a bit,&quot; Gates said.
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WASHINGTON - The government said Thursday that it is purchasing 75 million doses of a new-generation anthrax vaccine under an $877.
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Microsoft Corp. Chairman Bill Gates has donated $400,000 to a campaign in California trying to win approval of a measure calling for the state to sell $3 billion in bonds to fund stem-cell research.
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The government said Tuesday it would donate one billion pounds (1.4 billion euros, two billion dollars) over eight years to the Global Fund to Fight AIDS, Tuberculosis and Malaria.
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The Bill and Melinda Gates Foundation of Seattle has given a $43 million dollars grant to aid in the development of a genetically engineered form of a Chinese herbal drug that is thought to be effective in curing malaria.
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A once-scarce vaccine that protects  against a range of infections including meningitis is back in  supply and small children should get four doses, the U.S.  Centers for Disease Control and Prevention said on Thursday.
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Gov. Rick Perry's chief of staff met with key aides about a new vaccine to prevent cervical cancer on the same day its manufacturer donated money to his campaign, documents obtained by The Associated Press show.
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Non-profit groups developing new drugs and vaccines for neglected tropical diseases urgently need more than &#36;1 billion in additional funding, according to a report on Friday.
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Bill Gates, whose philanthropic foundation has donated nearly $2 billion to fight AIDS, on Sunday called for countries to "dig deep" to halt the deadly virus that causes the disease.
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The Group of Seven rich countries will sign an agreement on Friday to provide $1.5 billion to develop vaccines for poor countries, the government of Italy, which is among those heading the initiative, said on Tuesday.
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About 75 million doses of flu vaccine will be distributed by the end of October, a near-record amount that should prevent the shot rationing seen in previous flu seasons, federal health officials said Wednesday.
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TORONTO -- The Canadian government and Bill Gates yesterday announced an initiative to establish a research institute to develop an AIDS vaccine, committing up to $119 million to the project.
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The Bill &amp; Melinda Gates Foundation announced Wednesday it's awarding $287 million in grants over five years to create an international network of scientists to speed up the development of an AIDS vaccine.
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The Bill and Melinda Gates Foundation announced it was giving 17.5 million dollars in grants to improve Internet access in public libraries in Botswana, Latvia and Lithuania.
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The World Health Organization (WHO) on Friday urged governments to provide funds to drug makers developing vaccines against a feared influenza pandemic, which could kill millions of people.