The COVID-19 Therapeutics Accelerator (CTA) is self-described as “a philanthropic collaboration supporting efforts to research, develop and bring effective treatments against COVID-19 to market quickly and accessibly.”[1]
CTA is co-funded by the Bill & Melinda Gates Foundation, Wellcome Trust and Mastercard, and was announced on March 10, 2020.[2][3] The initial funding was $125 million.[4]
By the end of March, a number of pharmaceutical and biotechnology companies announced their participation. Those companies were BD, Boehringer Ingelheim, bioMérieux, Eisai, Eli Lilly, Gilead Sciences, GlaxoSmithKline, Johnson & Johnson, Merck, Novartis, Pfizer, and Sanofi.[5]
In April 2020, it was announced that the United Kingdom government, the Chan Zuckerberg Initiative and Madonna had joined as funders. CZI provided an additional $20 million, with a further $5 million available “based on future needs”. The size of the UK government and Madonna's contributions were not disclosed.[4:1]
Advancing research into accessible coronavirus treatments. COVID-19 Therapeutics Accelerator. Retrieved July 7, 2021, from http://archive.today/2021.07.07-230649/https://www.therapeuticsaccelerator.org/ ↩︎
Suzman, M. (2020, March 10). Announcing the COVID-19 Therapeutics Accelerator. Bill & Melinda Gates Foundation. http://archive.today/2022.01.18-165008/https://www.gatesfoundation.org/ideas/articles/coronavirus-mark-suzman-therapeutics ↩︎
COVID-19 Therapeutics Accelerator. (2020, March 10). Bill & Melinda Gates Foundation. http://archive.today/2021.04.25-054406/https://www.gatesfoundation.org/Ideas/Media-Center/Press-Releases/2020/03/COVID-19-Therapeutics-Accelerator ↩︎
Au-Yeung, A. (2020, April 3). A Bill Gates-Backed Accelerator For COVID-19 Therapeutics Treatment Partners With Madonna And Mark Zuckerberg’s Chan Zuckerberg Initiative. Forbes. http://archive.today/2022.01.18-165740/https://www.forbes.com/sites/angelauyeung/2020/04/03/a-bill-gates-backed-accelerator-for-covid-19-coronavirus-therapeutics-treatment-partners-with-madonna-and-mark-zuckerbergs-chan-zuckerberg-initiative/?sh=54ee18948067 ↩︎ ↩︎
Staines, R. (2020, March 26). Pharma giants including Novartis collaborate on COVID-19 therapies. Pharmaphorum; Pharmaphorum Media Limited. http://archive.today/2022.01.18-165943/https://pharmaphorum.com/news/collaborate-covid19-therapies/ ↩︎