Microsoft co-founder Bill Gates has announced his foundation is spending tens of millions of dollars on a scheme to “advance” new mRNA vaccines for multiple diseases.

On Monday, the Bill & Melinda Gates Foundation announced $40 million in funding to accelerate the plan in Africa and other third-world states.

The massive cash boost will “advance access to mRNA research and vaccine manufacturing technology that will support low-and middle-income countries’ (LMICs) capacity to develop high-quality, lifesaving vaccines at scale,” according to an October 9 press release from the Gates Foundation.

The $40 million will be spent on boosting access to low-cost mRNA research.

Much of the investment, $20 million, will fund a manufacturing platform developed by Belgium-based Quantoom Biosciences.

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