- Pharma
- 1 min read
Vaccine group Gavi secures $4.8 bln in funding pledges for COVAX
The global vaccine alliance Gavi has secured $4.8 billion in funding pledges for the vaccine-sharing scheme COVAX, an official said on Friday.Covax has delivered 1.42 billion doses to 145 countries. Scaling up deliveries through Covax is seen as critical to meeting a WHO target to vaccinate 70% of the population in poorer nations by mid-2022.
"It is really putting us in a very comfortable position," said Marie-Ange Saraka-Yao, Managing Director for Resource Mobilization at Gavi. "It's a great outcome," she added.
The group had previously said that it needed an additional $5.2 billion to continue delivering COVID-19 vaccines at scale. (Reporting by Mrinalika Roy and Emma Farge)
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