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Record funding announced to find a coronavirus vaccine
Following a virtual summit of G20 leaders, Prime Minister Boris Johnson has announced record funding to find a coronavirus vaccine.
To date, the £210 million of UK aid funding is the largest single contribution by any country to the key international fund to find a coronavirus vaccine and will ensure British scientists and researchers continue to lead the global fight against the virus.
The Prime Minister is calling on governments to work together to create a vaccine as quickly as possible and make it available to anyone who needs it.
The Coalition for Epidemic Preparedness Innovations (CEPI), which is supporting the development of vaccines that will be available throughout the world, has announced that it requires $2 billion additional funding from international governments to develop the crucial vaccine. If all G20 governments pledged $100 million funding this shortfall would be met instantly.
Johnson said: “While our brilliant doctors and nurses fight coronavirus at home, this record British funding will help to find a vaccine for the entire world. UK medics and researchers are at the forefront of this pioneering work. My call to every G20 country and to governments around the world is to step up and help us defeat this virus. In the meantime, I want to repeat to everyone that they should stay at home, protect the NHS and save lives.”