EU Funding For COVID-19 Drug & Diagnostic Research

Some Money Going To Work In Africa

Europe’s Innovative Medicines Initiative is to get €90m in funding for programs targeting the coronavirus outbreak.

Covid-19
COVID-19 is attracting more EU funding • Source: Shutterstock

The European Commission has allocated a total of €232m (US$251m) to measures to contain the spread of COVID-19, including €100m in funding for work on new therapeutics and diagnostics.

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