News

News | Published May 04 2020

UK joins Europe-led vaccine effort

The UK has pledged £388 million toward a European initiative to raise €7.5 billion [£6.6 billion] in funds for a Covid-19 vaccine.

Funds raised by the initiative will go toward vaccine research, testing and treatment.

EU leaders, including Italy’s prime minister Giuseppe Conte, French president Emmanuel Macron and German chancellor Angela Merkel, signed a joint open letter pledging their support for the project, which is being headed by Brussels.

The letter said that funds put into the project would "kickstart an unprecedented global co-operation between scientists and regulators, industry and governments, international organisations, foundations and healthcare professionals.”

It continued: "If we can develop a vaccine that is produced by the world, for the whole world, this will be a unique global public good of the 21st Century.”

European Commission president Ursula von der Leyen outlined the scheme on Friday last week, ahead of an online conference scheduled for Monday this week.

Prime minister Boris Johnson will participate in the remote conference and set out the UK’s pledge.


Related Stories

Authored by

Alexander Bridge-Wilkinson
Junior Editor
@
May 04 2020

Featured Organisations

Abbots Hall Primary Academy

Abbots Hall Primary Academy have undertaken a programme of change, focusing on improving their maths provision and enfranchising their teachers to mak... Read more

LONDON Advertising

In 2008, Michael Moszynski and Alan Jarvie, two founding partners of M&C Saatchi, risked secure, well-paid jobs to launch a new type of global adverti... Read more

View Architects

Ageneral architects’ practice that provides a full suite of architectural services – from conceptual design through to post-occupational management – ... Read more

Latest News

Ministers open-minded about vaccine passports