Vaccine development Total 860 billion yen Contribution to more than 30 countries and regions including Japan May 5, 10:31

While EU = European Union and others have called for funding to accelerate vaccine development of the new coronavirus, it is expected that approximately 860 billion yen will be collected from more than 30 countries and regions including Japan.

According to the EU, over 70 vaccines are under development around the world, but clinical trials are few and development is urgent.

On the 4th, the EU and member countries held an event inviting each country and companies to contribute funds for vaccine development.

Leaders of countries such as Canada and Saudi Arabia announced support one after another through a video, and Japanese Prime Minister Abe stated in a video message that "international cooperation is indispensable in the fight against the new coronavirus", and it costs $ 234 million. (Approximately 25 billion yen) has been announced.

The total amount of funds announced by more than 30 countries and regions, including Japan, amounted to around € 7.4 billion (more than ¥ 860 billion) in one day.

EU Chairman Von de Alien thanked each country and said, "We still have a way to beat the virus," calling for further unity.

The funds raised will be used for vaccine development and manufacturing through the CEIP = Infectious Disease Epidemic Innovation Alliance, a global collaboration for vaccine development.