$2 billion needed to develop COVID-19 shot, says epidemic response group


  • World
  • Saturday, 07 Mar 2020

Passengers wear surgical masks as they board a British Airways flight from Terminal 5 at Heathrow Airport in London, Britain March 6, 2020. REUTERS/Hannah McKay

LONDON (Reuters) - A global coalition set up to fight epidemic diseases issued a call on Friday for $2 billion (1.5 billion pounds) to support the development of a vaccine against the new coronavirus that is causing COVID-19 infections around the world.

Describing the outbreak as an "unprecedented threat in terms of its global impact", the Coalition for Epidemic Preparedness Innovations (CEPI) said that while containment measures would help slow the spread, a vaccine was key to longer-term control.

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