LONDON: European leaders are backing an initiative from Brussels to raise 7.5 billion euros (US$8.3 billion) to find a vaccine to curb the global ...
LONDON: European leaders are backing an initiative from Brussels to raise 7.5 billion euros to find a vaccine to curb the global coronavirus pandemic.
Italy's Prime Minister Giuseppe Conte, French President Emmanuel Macron, and Germany's Chancellor Angela Merkel gave their support in an open letter published in weekend newspapers. The funds raised will"kickstart an unprecedented global cooperation between scientists and regulators, industry and governments, international organisations, foundations and healthcare professionals", the leaders said.But they warned that more money would still be needed to manufacture and deliver"available, accessible and affordable" medicines across the world.
UK Prime Minister Boris Johnson, who spent three nights in intensive care with COVID-19, said finding a treatment was"the most urgent shared endeavour of our lifetimes".
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