DAVOS, Switzerland: With the world still reeling from outbreaks of deadly Ebola and baby-deforming Zika, governments and charities launched a $460-million (431 million-euro) initiative Thursday to “outsmart” infectious epidemics.

The goal is to develop vaccines which should be available free of charge to contain outbreaks before they become global health emergencies, the creators of the Coalition for Epidemic Preparedness Innovations (CEPI) announced at the World Economic Forum here.

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