Global Coordination
The head of Sanofi, Paul Hudson, raised questions last week about Europe’s ability to manufacture enough doses and said the U.S. may be in a position to vaccinate first, thanks to the Biomedical Advanced Research and Development Authority, a government agency that backs vaccine development.
“We should really have a global perspective and make sure we don’t end up limiting the access because it’s produced in certain countries,” Erna Solberg, Norway’s prime minister, said on the call with CEPI’s head.
CEPI has secured commitments for about half of the $2 billion it estimates will be needed to develop the vaccines, and it may invest in 15 or more programs, Hatchett said.
The coalition is partnering with companies including Moderna and Inovio Pharmaceuticals Inc., along with institutions such as Oxford and the University of Queensland in Australia.
This article was provided by Bloomberg News.