Global fundraising for COVID-19 vaccine, drugs exceeds $10 billion, EU says

Global fundraising for COVID-19 vaccine, drugs exceeds $10 billion, EU says
Ursula von der Leyen praised the campaign through her Twitter account. (File/AFP)
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Updated 26 May 2020

Global fundraising for COVID-19 vaccine, drugs exceeds $10 billion, EU says

Global fundraising for COVID-19 vaccine, drugs exceeds $10 billion, EU says
  • The US shunned the pledging campaign
  • Money was raised from global leaders and other institutions

BRUSSELS: A global campaign to fund the development of vaccines and therapies against COVID-19 has so far raised $10.4 billion, the head of the European Commission said on Tuesday.
“Great result, reaching 1st milestone of GlobalResponse pledging marathon led by EU Commission,” Ursula von der Leyen said on Twitter.

The pledging campaign, which the United States shunned, raised $8 billion from global leaders and other institutions on May 4, when it was launched.