Bill Gates thinks there are 8 to 10 promising coronavirus vaccine candidates and one could be ready in as little as 9 months

REUTERS/Jason Lee

• Microsoft billionaire and philanthropist Bill Gates wrote in a blog post that he thinks there are currently eight to ten promising candidates for a coronavirus vaccine.
• Gates believes it will take 18 months to develop a vaccine, although he says it could come as soon as nine months or take as long as two years.
• Alongside candidates which use traditional methods, Gates is particularly excited about two new kinds of vaccine: RNA and DNA vaccine.
• Visit Business Insider's homepage for more stories.

There are more than a hundred coronavirus vaccines in the works, and of those eight to ten have caught the eye of Microsoft founder Bill Gates.

Gates is pouring hundreds of millions of dollars into developing a vaccine through his philanthropic organization, the Bill and Melinda Gates Foundation. The foundation has so far has pledged a total of $250 million towards fighting the coronavirus, and Gates recently announced that the organization will dedicate its full resources to the pandemic.

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