Share this article
Share this article
NEW YORK, Jan. 14, 2021 /PRNewswire/ -- As America's vaccination efforts get off to a slower than anticipated start, The Rockefeller Foundation announces a new $30 million Advance Market Commitment (AMC) to scale up pandemic testing needs and safely reopen schools, communities, and the economy. The investment serves as a financial guarantee that enables Thermo Fisher Scientific to procure and strategically stock up to $30 million in Covid-19 tests at a time. In addition to incentivizing Covid-19 test manufacturers through guaranteed demand, the distribution of the tests will occur on a priority basis to the 23 participants of The Rockefeller Foundation's State and Territory Alliance for Testing, followed by other public and private buyers.