Bill Gates gives $100m for AIDS vaccine trials
The software tycoon, Bill Gates, has announced that his charitable foundation will donate $100m (£71.5m) as a five year grant to the International AIDS Vaccine Initiative. The initiative is a New York based non-profit making body, which wants to see three of its most promising AIDS vaccines in clinical trials by 2007. It has already enabled a joint team from Oxford and Nairobi universities to collaborate on a vaccine to produce immune responses to the A strain of HIV-1, which is the most prevalent form of the virus in Kenya. Early trials started in Oxford last year and were due to start in Nairobi last month.
The Bill and Melinda Gates Foundation, which has assets of $21bn, has been a major sponsor of vaccination programmes in developing countries. But until now the majority of Mr Gates's money has been used to distribute tried and tested vaccines. The latest donation is