Billionaire Bill Gates has a new humanitarian project he hopes will change the world: developing a universal flu vaccine.
The philanthropist and Microsoft co-founder announced Friday his foundation will put up $12 million to initially fund the project.
“We think a universal flu vaccine would not only eliminate the pandemic risk, but would have significant health benefits,” Gates told STAT. “It would be a fantastic thing.”
Gates admitted that the project will ultimately cost more than his initial investment.