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Gates Foundation pledges $50m over 10 years to Stanford for rapid development of vaccines to battle world's worst diseases, including AIDS and malaria.

"The Bill & Melinda Gates Foundation said on Friday it had awarded Stanford University a $50 million grant to accelerate vaccine development efforts for the world's most deadly diseases, including AIDS and malaria. The $50 million grant over 10 years will go toward establishing the Stanford Human Systems Immunology Center on the school's California campus, the foundation and university said in a statement." -- Reuters

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