Pharma giants Sanofi and GSK will receive up to $2.1 billion from the US government for the development of a COVID-19 vaccine as the world scrambles for an answer to the pandemic.
The American money will"help fund the development activities and secure scale-up of Sanofi's and GSK's manufacturing capabilities in the United States… resulting in a significant increase in capacity."
The United States is the country the worst hit by the coronavirus outbreak, with over 150,000 deaths out of the global toll of more than 667,000. US Health and Human Services Secretary Alex Azar said the portfolio of vaccines being assembled under Operation Warp Speed"increases the odds that we will have at least one safe, effective vaccine as soon as the end of this year."
The companies said discussions were also under way with the European Commission and other governments"to ensure global access to a novel coronavirus vaccine."
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