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U.S. Goverment awards $1.4 billion to develop new Covid-19 vaccines and therapies
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U.S. Goverment awards $1.4 billion to develop new Covid-19 vaccines and therapies
Wed, 2023-08-23 10:12 — mike kraft HHS awards $1.4 billion to drive development of new Covid-19 vaccines and therapies | CNN The US government has awarded more than $1.4 billion to kick-start the development of new vaccines and therapies to fight Covid-19, the US Department of Health and Human Services announced Tuesday. CNN
The funding is part of Project NextGen, a $5 billion government initiative to develop new and more durable vaccines and treatments for the coronavirus, which continues to infect, hospitalize and kill Americans more than three years after its emergence. ...day.
The funding includes $300 million to the drug manufacturer Regeneron for the development and testing of a new preventive monoclonal antibody, similar to the now-defunct Evusheld, which will help protect people who don’t respond well to vaccines. Clinical trials of the new antibody therapy will begin in the fall.
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