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World Bank releases $ 12 billion to deliver vaccines to poor countries

World Bank releases $ 12 billion to deliver vaccines to poor countries”

In addition to purchasing COVID-19 vaccines, the financing package will also support countries with access to COVID-19 tests and treatments, and expand immunisation capacity to help health systems deploy the vaccines effectively.

"We are extending and expanding our fast-track approach to address the COVID emergency so that developing countries have fair and equal access to vaccines", said World Bank Group President David Malpass.

Human trials of Russia's COVID-19 vaccine, named Sputnik V, will be held in the United Arab Emirates, the second country after Belarus to take part in the programme of which results are expected before the end of November, Moscow said on Monday.

"China is willing to work with Indonesia on vaccine research, production and distribution, and support exchanges of relevant departments and medical institutes to help ensure access to affordable vaccines across the region and around the world", Wang said.

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New Zealand is the latest country to pre-order bulk doses of the COVID-19 vaccine now under development by Germany-based BioNTech (BNTX) and its partner Pfizer (PFE).

The UK government's Vaccine Taskforce, set up to help with the search for an effective vaccine against the novel coronavirus, on Tuesday issued a call out for more ethnic minorities, including people of Indian origin, and over-65 volunteers to join its clinical studies.

Development and deployment of vaccines is crucial to helping stem outbreaks of the coronavirus that has killed more than one million people and infected more than 38 million, while devastating economies and leaving millions jobless. The World Bank said it will draw on expertise and experience from its involvement in many large-scale immunization programs and other public health efforts.

The Covid-19 Vaccine Strategy Task Force is now negotiating with other pharmaceutical companies, and further announcements are expected in November, Woods said.



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