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Due to the global pandemic of COVID-19, the European Commission is using all the measures at its disposal to help overcome the current coronavirus crisis in order to reduce the greatest number of victims and mitigate the economic and social repercussions that it may cause.
In the field of research and innovation, the European Commission is dedicating a large part of its efforts as everyone has their hopes of finding a vaccine. For that reason, the European Commission is financing more than 140 million euros for European projects and scientists working to develop a vaccine to end this situation, in addition to rapid diagnostic tests and new treatments that help save lives.
The Commission has earmarked 80 million euros of this budget for the German biopharmaceutical CureVac, which is working on the development of a coronavirus vaccine that could produce millions of doses at low cost. Some of its experts say the vaccine could be tested starting in June.
Under the Horizon 2020 program, the Commission has selected 18 projects funded with € 48.5 million for the development of vaccines, new treatments, diagnostic tests, medical tests and prevention systems.
Of these 45 million euros will go to research on vaccines and treatments. Some of these projects are:
On the other hand, on April 27, during an informal conference, the ministers responsible for research and innovation approved the 10 priority actions of the first ERAvsCorona Action Plan. These actions establish key measures that the Commission services and the Member States are activating to jointly coordinate, share and increase support for research and innovation, in accordance with the objectives and tools of the European Research Area.
The actions that make up this plan are:
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