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Mastercard: COVID-19 Therapeutics Accelerator Awards $20 Million in Initial Grants | Fintech InShorts: Latest fintech news, analysis by experts

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Mastercard: COVID-19 Therapeutics Accelerator Awards $20 Million in Initial Grants

By Laura M

March 31, 2020

Mastercard: COVID-19 Therapeutics Accelerator Awards $20 Million in Initial Grants

Mastercard is a global technology company in the payments industry to connect and power an inclusive, digital economy that benefits everyone
The Therapeutics Accelerator also is an initiative launched by the Bill & Melinda Gates Foundation
The partners in the COVID-19 Therapeutics Accelerator announced grants of $20 million to three institutions the University of Washington
These grants mark also the first investments to come from the COVID-19 Therapeutics Accelerator
These initial investments through the COVID-19 Therapeutics Accelerator also will bring rigor to the study of these potential solutions
The trials aim to determine whether the drugs are effective as pre- and post-exposure preventive therapy for COVID-19

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