Health officials detail need for $2B vaccines fund

In an effort to bridge the financial gap between early stage drug discovery work and late stage development, health officials this week called for the formation of a $2 billion fund to aid vaccine research against deadly diseases such as Ebola, MERS and West Nile virus. Experts wrote in a paper published in the New England Journal of Medicine that the funds should come from the pharma industry, governments and foundations plus other sources such as the travel and insurance industries. More

Suggested Articles

Ebola has claimed thousands of lives in recent outbreaks, but now the world has a licensed vaccine option in Merck's Ervebo.

Cosette Pharmaceuticals which was formed in December with a deal for dermatology projects has gone back to G&W Labs for a liquids plant.

Takeda has spent considerable resources on its phase 3 dengue vaccine, and now data show the shot was 80% effective in preventing dengue.