Rockefeller Foundation invests $30 million in COVID test procurement

Made through RF Catalytic Capital, the foundation's public charity subsidiary, the investment will provide a financial guarantee and incentive for Thermo Fisher Scientific to procure and stock up to $30 million worth of COVID-19 tests for distribution to states participating in the State and Territory Alliance for Testing.
The commitment is designed to ensure a ready supply of tests while sending a clear signal to manufacturers to continue to ramp up production....
January 19, 2021
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