3/26, 12:59 PM (Source: TeleTrader)
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G7 mulling to fund CEPI's vaccine effort - report

Members of the G7 are looking to invest several billion dollars to fund the Coalition for Epidemic Preparedness Innovations (CEPI), the nonprofit research organization, for its effort to develop a vaccine for COVID-19 disease, as Nikkei Asian Review reported on Thursday.

G7 hopes the CEPI will be able to speed up the development of the vaccine, while it also asked the members of the Group of 20, including China and India, to join the project, the report stated.

G7 ministers held teleconferences together with central bank officials and finance ministers to discuss the project with the focus on the urgency of the matter, expecting that the most developed industrial countries will pledge their contribution.

Breaking the News / BJ