Bill And Melinda Gates’ Foundation has pledged $150 Million in fight against Covid as the businessman anticipates another devastating variant.

The $150 million will go to the Coalition for Epidemic Preparedness Innovations (CEPI), a global partnership founded five years ago that co-leads Covax.

Gates said omicron surge has been an unfortunate reminder that the only way to eliminate the threat of COVID-19 somewhere is to eliminate it everywhere.

“As long as the virus continues to circulate at a high level in some parts of the world, we’ll always be at risk for another devastating variant. Game-changing innovations—including vaccines and new antivirals—will save lives but won’t truly accelerate the end of the pandemic until they’re accessible to everyone.”

“I’m excited to announce a new $150 million commitment to its future work on COVID and beyond.”

The foundation helped create CEPI in 2017 to accelerate work on vaccines against new infectious diseases and make sure those vaccines reach people in the poorest countries.