Coronavirus Update: $8bn International Fund For Vaccines Created

Leaders Call For Unity Amid Rising US and China Tensions

05 May 2020

• By Scrip Team

Plus: Eli Lilly extends its presence in COVID-19 research with an alliance with China's Junshi Biosciences.

Vonder_Leyen_Ursula — European Commission president Ursula von der Leyen is leading the creation of the international fund • Source: European Commission

World leaders have pledged €7.4 billion ($8.07 bn) in a digital fundraising event to raise money for a global fund to develop coronavirus vaccines and therapies.

The video conference summit held on 4 May was hosted by the European Union, which kicked off the event with a pledge of €1 billion. Japan gave $800m while France and Germany both offered more than €500m, while Italy and Spain each promised over €100m

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Most Favored Nation Policy ‘Lazy, Misguided,’ But US Price Reforms Politically ‘Inevitable’

15 May 2025

• By Cathy Kelly

Policy experts and pharma executives react to President Trump’s executive order on “equalizing” drug prices between the US and comparable nations at the ISPOR 2025 conference.