Biden to Spend $5 Billion on New Covid Vaccine Program Backed by Bill Gates & Fauci

Democrat President Joe Biden is spending $5 billion in taxpayer money on a new initiative to develop vaccines for COVID-19.

White House officials announced the effort this week in an interview with The Washington Post.

Dubbed โ€œProject NextGen,โ€ the new initiative seeks to expedite the development ofย vaccines for Covid and other emerging coronaviruses.

Project NextGen is funded by the Bill & Melinda Gates Foundation and the Rockefeller Foundation and is backed by Biden’s former top health advisor Dr. Anthony Fauci.

The program will also encourage further partnerships between the public and private sectors.

According to Reuters, the project will be managed out of the U.S. Department of Health and Human Services (HHS).

HHS will coordinate across various federal government agencies and private-sector actors, covering โ€œall phases of development from lab research and clinical trials to delivery.โ€

โ€œScientists, public health experts, and politicians have called for the initiative, warning that existing therapies have steadily lost their effectiveness and that new ones are needed,โ€ the Post reported.

The new initiative is based on a โ€œroadmapโ€ for the development ofย new Covid shots, formulated by the University of Minnesota and led by a former Biden administration official.

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According to USA Today, the initialย $5 billion in fundingย โ€œwill be financed through money saved from contracts costing less than originally estimated.โ€

Ashish Jha, White House coronavirus coordinator, said the new initiative has three primary goals: creating longer-lasting vaccines, accelerating the development of nasal vaccines, and bolstering efforts to create โ€œbroaderโ€ pan-coronavirus vaccines.

The project also includes funding for more durable monoclonal antibodies.

The name โ€œProject NextGen,โ€ made more sense, Jha said, as it is โ€œa different timeโ€ with โ€œa different set of goals.โ€

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The new name โ€œmuch more accurately captures what it is that we are trying to do,โ€ he said.

Michael Osterholm, Ph.D., M.P.H., director of theย Center for Infectious Disease Research and Policy (CIDRAP) at the University of Minnesota, is helping lead the effort.

In February, CIDRAP developed a โ€œroadmapโ€ for the development of โ€œbetterโ€ coronavirus vaccines.

This โ€œroadmapโ€ serves as the basis for Project NextGen.

Osterholm was a member of theย COVID-19 advisory boardย convened by then-president-elect Joe Bidenโ€™s transition team.

The board was dissolved when Biden took office in January 2021.

Jha told the Post, โ€œItโ€™s been very clear to us that the market on this is moving very slowly.

“Thereโ€™s a lot that government can do, the administration can do, to speed up those tools โ€ฆ for the American people.โ€

Previously, during a July 2022 White House coronavirus vaccine summit, Jha said:

โ€œWe need vaccines that are more durable.

“Vaccines that offer broader and longer-lasting protection.

“Vaccines that can stand up to multiple variants.

“Vaccines that can handle whatever Mother Nature throws at us.โ€

Osterholm characterized existing COVID-19 vaccines as โ€œreally goodโ€ but โ€œnot great.โ€

โ€œThere is a substantial amount of work [to be done] to take these good vaccines and hopefully achieve better vaccines,โ€ Osterholm said.

Reuters quoted an unnamed HHS spokesperson, who stated:

โ€œWhile our vaccines are still very effective at preventing serious illness and death, they are less capable of reducing infections and transmission over time.

“New variants and loss of immunity over time could continue to challenge our healthcare systems in the coming years.

โ€œProject NextGen will accelerate and streamline the rapid development of the next generation of vaccines and treatments through public-private collaborations.

“The infusion of a $5 billion investment, at minimum, will help catalyze scientific advancement in areas that have large public health benefits for the American people, with the goal of developing safe and effective tools for the American people.โ€

The Post noted, however, that while the outbreak of new coronaviruses in recent decades has โ€œspurred worries about the potential for future health crises,โ€ it might take years to develop a universal coronavirus vaccine, noting that such efforts have been unsuccessful for influenza despite decades of efforts.

On Feb. 21, CIDRAP published its โ€œroadmap for advancing better coronavirus vaccinesโ€ โ€” with $1 million in support from the Gates and Rockefeller Foundations, โ€œTo help jump-start the search for better vaccines [and] develop broadly protective vaccines.โ€

According to the project description, the funding was used to assemble โ€œan international collaboration of 50 scientists who mapped out a strategy to make the new vaccines a reality.โ€

Osterholm stated at the time, โ€œIf we wait for the next event to happen before we act, it will be too late.โ€

Bruce Gellin, M.D., M.P.H., chief of Global Public Health Strategy at The Rockefeller Foundation, said that there is an โ€œurgencyโ€ to take the next steps, calling for an โ€œequivalentโ€ to Operation Warp Speed.

According to CIDRAP, Gellin โ€œhas led several federal vaccine initiatives and has been a technical advisor for groups including Gavi, the Vaccine Alliance, COVAX, and the World Health Organization.โ€

The Gates Foundation is a partner ofย Gavi, The Vaccine Alliance, which, in turn, closely collaborates with theย ID2020 Alliance, which promoted theย development of digital ID.

Microsoft is a founding member of the ID2020 Alliance, as well as Gavi, the BMGF, the World Bank, Accenture, and theย Rockefeller Foundation.

Fauci was one of the voices who โ€œspent months pressing Congress for billions of dollars that could be used to develop next-generation vaccines and treatments,โ€ the Post reported.

The report adds that these arguments โ€œlargely fell flatโ€ in the face of Republican opposition.

Project NextGen is also still without a leader, with the White House โ€œstill considering candidates,โ€ according to the Post.

READ MORE: Bill Gates, Fauci, Schwab Predict โ€˜Next Pandemicโ€™ Is Looming

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