More than 9.5 Billion Euros Have Already Been Raised to Develop a Coronavirus Vaccine

European Commission-sponsored global fundraising campaign was launched on May 4. Since then, € 9.5 billion has already been raised to develop a coronavirus vaccine, President of the European Commission Ursula von der Leyen said. € 9.5 billion has already been raised as part of a global fundraising campaign to develop a vaccine and drugs against the new SARS-CoV-2 coronavirus, the European Commission (EC) President Ursula von der Leyen said. “Great result, reaching the first milestone of the GlobalResponse pledging marathon, led by the European Commission,” she wrote on her Twitter microblog on Tuesday, May 26. Von der Leyen organized an international online donor conference on May 4. The United States refused to participate in this event. At the first stage, 7.4 billion euros were raised, later on private individuals, foundations and governments continued to make donations. The goal of this initiative is to coordinate a global research to develop vaccines and medicine to treat coronavirus. Once such drugs are created, they will be available to all countries, including the poorest.