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The Bill and Melinda Gates foundation will be collaborating with over five potential vaccine manufacturers, supporting them in their development of a vaccine against the novel COVID-19 pandemic. 

Bill Gates said in an interview that the early funding from them will help in accelerating the development of the vaccine that is timely needed for the ongoing pandemic. 

There are many universities, pharmaceutical companies and research organizations who have been working on developing a treatment against the novel COVID-19. 

Experts have said that vaccine development usually lasts from a minimum of a year to one and a half years and this is a concern as the scope of the spread of COVID-19 grows aggressively. 

Many people are concerned over the integrity of their health and feel threatened by COVID-19. The development of treatment or vaccine against this pandemic is very crucial in this time of need. 

(Source: PYMNTS, 2020)